Dear Terra Community,
The new Shuttle Bridge interface to redeem wrapped assets is now open. Reopening the bridge allows users to send LUNC & USTC bridged to Ethereum mainnet, BNB Chain (BSC), and Harmony network back to Terra Classic.
The bridge will remain open from now until 30 days after the effective date of Terraform Lab’s chapter 11 plan, which is estimated to be on or around 30 October 2024 (based on an anticipated September 30 effective date, which is subject to change). Opening the bridge gives you the opportunity to redeem your assets and use them as you wish. Please ensure you redeem your assets as soon as possible to avoid any issues.
After the bridge closes, any user assets still in the contracts will be burned, and the bridge will be permanently shut down.
You can access the Shuttle Bridge interface here: https://t.co/hRqZomeW9p
Users of the Terra Shuttle bridge on Terra Classic are recommended to use this opportunity to redeem their Terra Classic assets.
Hello #Lunc community!
Our first proposal has been approved and received a lot of comments ❤️❤️
💪 We will start working from next week.
Thank you very much for your trust and support 🫶
#blvlabs
JUST IN: #Binance has burned 1,198,312,832 $LUNC for its monthly burn! 🔥
Since 2022 the world’s largest #Crypto exchange has burned the #LunaClassic supply and they ONLY burn $BNB and #LUNC!
Thank you @cz_binance and company for your support! Keep building! 💪#LuncBurn
#LUNC tax burns in the last week have remained at their lowest level. ▪️ Tax burns have dropped significantly. We see an average of 20 million $LUNC burns per day. 📷 There is a wait in the Terra Classic chain. Everyone is waiting for the TFL process to be completed.
Binance exchange burns #BNB every 3 months. In addition, it burns #LUNC every month. ➖
@Binance
exchange's latest $BNB burns have an approximate value of $1 billion. 📷Imagine such a burn in $LUNC... Binance could save this chain and bring it back to the top...
#cryptopower💪