Something about BTC Turk: utjj wallet
Over a period from May 2022 to the end of 2023, about 1.1T LUNC was sent to the old Binance deposit address (eht5 wallet). At least 0.916T LUNC was sent to the Binance deposit address with the same memo (106125745). See below
@HTX_Global For those who do not yet understand the above. Lunc was bought and sent from various cexes to the old Binance deposit address (eht5 wallet) using the same memo..
One day I will tell you about USTC 👀Mindblowing
terra-luna:native #lunc
Hey @cz_binance
I’m building Classic DEX — a fully on-chain decentralized exchange built for the Luna Classic ecosystem.
—The core mechanic is simple and powerful:
Every single trading fee collected on the platform will be used to: • Buy back $LUNC on-chain and burn it • Buy back $USTC on-chain and burn it • Fill and deepen the liquidity pools of Luna Classic pairs.
We have decided to burning all trading fees collected on Classic DEX. Fees will be converted to $LUNC & $USTC then sent to the burn address. The burn is paid at our expense, not the users.
We’re taking that same “fees → buyback & burn + liquidity” philosophy and making it native, perpetual, and 100% on-chain for the entire Luna Classic community.
—Curious what you think of this approach. Would you support Classic DEX if we execute it this way?
Dear @cz_binance@heyibinance@YZILabs@ellazhang516 👋
This is my personal open letter to you guys.
Binance has been one of Terra Classic's most consistent supporters. Monthly buyback and burns, a dedicated page on https://t.co/yfAklGA51x alongside CZ's Giggle Academy, and ongoing engagement from CZ himself. The community genuinely appreciates every bit of it.
Today I want to share what I see as Terra Classic's two core challenges, and why YZI Labs might be the key to unlocking the next chapter. 🔥
Terra Classic has two real problems right now that can be fixed without the macro regulations.
🔹 Oversupply from the 2022 hyperminting event. The community is actively working to reduce it through burns and governance, and progress is slow but real.
🔹 Low on-chain usage. Most activity still happens on CEXs. The chain needs dramatically more on-chain transactions.
Here is the important part: more usage means more burns automatically. Enough on-chain activity could outpace the burn tax entirely and accelerate supply reduction faster than any tax debate ever could.
Developer growth is also slower than it needs to be. Many outside developers have not explored Terra Classic yet simply because of noise on social media. What they do not see is how warm, active, and resilient this community actually is on the inside. A developer grant program targeting both existing and new builders could change that picture quickly. 💡
This is where YZI Labs comes in.
YZI Labs, formerly Binance Labs, remains an investor in LUNC. As a Web3 developer incubator and VC, it is uniquely positioned to support Terra Classic builders in ways that create compounding value for everyone involved, including YZI Labs itself.
There are projects on Terra Classic right now that deserve a conversation. 💛
🔷 Garuda DeFi - @garuda_defi
Garuda builds token factory, token staking, DEX, order book, and on-ramp and off-ramp infrastructure. With capital support and deep LP, Garuda could drive massive on-chain transaction volume for the whole chain.
🔷 Ceramic Fingers - @CeramicToken
Ceramic is the only person in crypto who has successfully recovered a depegged stablecoin, which was $CZUSD. His #UST1 project builds a collateralized basket backed by multiple assets, generates yield from locked collateral, and plans a DEX to feed fees back into the collateral continuously. UST1 could create an entirely new economic zone on Terra Classic that compounds on its own.
🔷 Juris Protocol - @JurisProtocol
Juris is a lending and borrowing platform developed by @frag_dude , one of the chain's top developers. Built to be self-sustainable from day one, Juris has the architecture and the team to grow into a major DeFi player across Web3 with the right capital behind it.
There are more projects worth mentioning and space here is limited.
If you are a builder on Terra Classic and think your project deserves attention, drop a comment below. 👇
A developer grant program from YZI Labs targeting Terra Classic builders could be one of the highest leverage moves available right now. The chain is alive. The community is building. And the right support at the right time changes everything. 🚀
#LUNC #LuncCommunity #TerraClassic #LunaClassic #YZILabs $LUNC $USTC
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The @THORChain recovery is in motion ⚡️
→ @Zcash and @monero integrations incoming
→ @StationWallet launches today mobile
→ @RujiraNetwork: orderbook, perps, lending, bRUNE all running on native cross-chain liquidity
We keep shipping 🫡