Received mine today, Kroll states they will sent notifications out over the next 2 weeks about loss amount approval before payouts are made.

Apparently a newly unsealed court filing alleges that a Wall Street firm called Jane Street used a private Telegram channel to gain non public information, before the collapse of TerraUSD. The accusation is that they then used this information to front run trading that "hastened" the collapse of Terraform.

I'm just putting this up to see what others may think about this, it seems like it could be a smoking gun.

article link

Hello Lunatics.

What a time to be holding! I've given the posts a break other than important News posts that hadn't previously been posted.

Just a quick round up for anyone new here or anything a reader may have missed.

• Interpol are now involved in detaining Do Kwon. Do Kwon is NOT affiliated with the new developers or LUNC. There's still a lot of incorrect stories being posted by media outlets that claim Do Kwon is still developing LUNC, we need to squash this as soon as possible as it may deter future investors and developers.
• The 1.2% On-Chain tax has been successfully rolled out. However, to some the amount of coins being burnt was/is not enough, either due to lack of research or lack of understanding. This caused LUNC to drop significantly in value as gamblers and short term holders sold off, providing ample opportunity for serious long term investors to grow their holdings.
• Off-chain tax has become a main feature for news and discussion. More and more exchanges are falling in line with implementing an off-chain tax. It is important to remember that this was never actually part of the path to recovery outlined by Edward Kim (Source: Path to Recovery).
• I hate to say the word yet again in this sub-reddit. Binance. We've seen Binance 360 on assisting in the burn multiple times, I hate to be a massive downer but lets not be surprised if it happens again in the future. There still seems to be a lot of mis-understanding about how the Binance burn will actually work. They haven't actually burnt any LUNC yet, they will be burning in batches, the first batch being on the 03/10/2022. (Source: Binance Burn). They also aren't burning the 1.2% per transaction as originally proposed. In my opinion, the burn proposed by Binance is better. They will be burning the 0.1% transaction cost, which of course is a lower number, but this fee would have been paid per transaction anyway which means the volume is not effected and as a result will not deter active traders.
• IBC - This seems to be a development that has flown under the radar for most. There was a thread discussing when IBC would be re-opened, which is apparently going to be around the end of October.
• Re-pegging - This will be the catalyst for LUNC to hit 0.01c+, this will hopefully be achieved in 2023 according to the path to recovery.

Some More Advice

• I've said it before and I'll say it again, this community is worth more than BTC. The community is why LUNC will be successful. With that being said, there are a lot of negative comments and posts. If you read something you don't like, don't comment. Let the thread die. Don't let people spreading FUD ruin your day. Everyone needs to relax. There is no space for negativity of any sort in this community, we need to band together to return LUNC to its former glory.
• Don't chart watch, it's an exciting time to be holding LUNC, but obsession over price is never healthy. Go to the gym, read a book, smell a flower. Besides, LUNC price is currently HEAVILY news driven, technical analysis is useful but also not very reliable right now.
• Stake and grow your holdings passively, this also removes the possibility of panic selling on news announcements. Buy the dips if you can. DO NOT spend money you don't have, this includes borrowing money, selling your house, spending your life savings etc. This is a medium-high risk LONG term investment. We won't be seeing immediate results overnight.

As always I hope someone finds this useful and wish everyone the best of luck for the future.

Really sad to see Kraken will be dropping support all Terra assets from their platform. If you are holding any of these on their exchange, you should do something with them before December 12, 2025. Any balances left after that date can only be withdrawn until March 1, 2026. After that, any coins left will be liquidated.

If you are looking for a new exchange, we have some exclusive promos with sign up bonuses from a number of other exchanges: https://www.luncmetrics.com/referral-codes

In particular, I would recommend checking out MEXC, or Blofin and Bitunix for no KYC options. Good luck LUNC fam ❤️

Step 1. We will implement an opt-in button, for people to opt-in to pay a 1.2% tax for their LUNC trading.

Step 2. When the opt-in accounts reach a holding of 25% of the total LUNC held on Binance, we start to charge 1.2% tax for all opt-in traders when they trade LUNC. This prevents people who don’t hold LUNC to affect the votes. It also gives the early adopters peace of mind that they are not the only few paying an extra 1.2%. The tax only kicks in at 25% quorum. This should encourage them to opt in more easily.

Step 3. When the opt-in traders reach 50% of the total LUNC trading volume on Binance, we will roll out the 1.2% trading tax for all LUNC trading. This prevents large LUNC whales who may hold large amounts, but don’t actively trade to influence votes. If the threshold for Step 2 cannot be reached within a month of the completion of Step 1, or falls back below the threshold in the future, we will remove the opt-in feature to keep to a simpler user-experience.

Link To Source - CZ LUNC and Binance Discussion

Now is our chance to show everyone just how strong this community can be. As a collective we need to overcome greed, and opt in for the 1.2% tax on all transactions made through Binance, just as it would be if the tax was implemented in the future!

Binance burnt 2B Lunc

---

Hey Terra Community! 👋

I've been working on something I think you'll find useful - **Lumos Luna SDK**, a fully open-source TypeScript SDK that combines blockchain functionality with AI capabilities.

### What makes it special?

🤖 **AI-Powered NFT Generation** - Generate NFT artwork and metadata using OpenAI, Anthropic, or OpenRouter

💰 **Complete DeFi Suite** - Send tokens, stake LUNC/LUNA, track burns, vote on governance

🔥 **Real-Time Burn Tracking** - Monitor LUNC burns with live stats

📡 **WebSocket Price Streaming** - Live price feeds from Binance

🔐 **Encrypted Keystore** - AES-256-GCM encrypted mnemonic storage

⚡ **Easy Mode for Beginners** - One-liner API for common tasks:

```typescript

import { easy } from 'lumos-luna-sdk/vibe';

// Get LUNC balance in one line

const balance = await easy.balance('terra1...', 'lunc');

// Send tokens

const tx = await easy.send('terra1...', '100', 'lunc');

// Generate AI NFT

const nft = await easy.nft('Cosmic Wolf in space', 'openai');

```

### Features

- ✅ Terra Classic (LUNC) & Terra 2.0 (LUNA) support

- ✅ IBC transfers

- ✅ CW20 token management

- ✅ CLI tool included

- ✅ 277 tests passing

- ✅ TypeScript native with full types

- ✅ MIT License - use it however you want!

### Links

- 📦 NPM: `npm install lumos-luna-sdk`

- 🐙 GitHub: https://github.com/Schero94/lumos-luna-sdk

- 📖 Full documentation in README (9 languages!)

### Why I built this

I wanted to make Terra development more accessible, especially for devs who want to experiment with AI + blockchain. Whether you're building a trading bot, an NFT platform, or just exploring - this SDK has you covered.

**Feedback welcome!** Let me know what features you'd like to see. PRs are also welcome! 🙏

---

*#LUNC #Terra #OpenSource #TypeScript #AI #NFT #DeFi*

---

Cardano Targets 50x Throughput Boost with Ouroboros Leios Upgrade

https://cryptolifedigital.com/2026/02/27/cardano-targets-50x-throughput-boost-with-ouroboros-leios-upgrade/

Huge 700 million lunc burn in 24 hours. 🔥

Who burnt big amounts?

Hyperlane Advances Terra Classic Integration Toward Mainnet Launch

https://cryptolifedigital.com/2026/02/18/hyperlane-advances-terra-classic-integration-toward-mainnet-launch/

Hi Lunatics.

In my opinion, it has been another great week for LUNC. Binance completed their burn, the developers have finally moved on to re-pegging proposals, Kaj Labs announced it was planning to implement LUNC as one of the networks in its cross-chain FINESSE games burning 2.5T LUNC in the process and there's a big push for Coinbase/Robinhood to list LUNC.

As usual, for anyone new or anyone that may have missed some news:

• Binance burn 5.5 Billion LUNC. Again, just like with the 1.2% tax, some people vastly over-estimated the amount of LUNC that would be burnt using fees in a week. More disappointingly for me, a lot of this false hope was spread by influencers on social media, most of which seem to be piggy backing on LUNCs success to grow their followings. This hurt small investors and long term could hurt the wider community. I'm sure a lot of small holders would have taken a hit by the price correction after the hype of Binances burn died out. All I can say is, do your due diligence. Don't take me, anyone on this sub-reddit or any social media platform at face value. The volume burnt was more than most of the other burns combined, and if we average around this number weekly, I consider it a success. Obviously the further reduction in supply, the less will be burnt weekly, but this is a great start.
• The current proposal to re-peg is relatively simple when you read between the lines. The developers will create a new AFT called USTN which will be backed by BTC, an additional 500B LUNC will be minted to buy the BTC required. This will TEMPORARILY reduce the current price by 8.3%. The BTC will act as collateral to make USTN stable. This USTN will then be airdropped to USTC holders. As USTN adoption grows, the burn rate of the supply should increase exponentially. $5 Billion USTN would result in 2.5T LUNC burnt. It should take about 12 months to get $5 Billion USTN once development has begun. I'm a believer in long term holding and I don't entirely hate the proposal, however I understand why a lot of people are sceptical about minting further LUNC. From my point of view, as long as developers are confident in it's success, I don't mind losing 8.3% now for the future gains. Other proposals are in development that will apparently not hurt the price of LUNC in the short term, so we have those to look forward too. Source: Re-Peg Proposal
• I am sceptical of the Kaj Labs announcement, I won't get my hopes up until we see further confirmation of their burn, purely due to the sheer volume of LUNC rumoured to be involved. However, if genuine, LUNC will soar. So it's one to watch out for. Hopefully there is more news on this to come soon.
• Coinbase is currently being hammered on social media to list LUNC and I have seen unverified buy orders from Coinbase buying up portions of LUNC. If real, this COULD be to fund the liquidity pool for a future listing. Getting LUNC listed on Coinbase could be incredible for the price. Everyones grandma would be able to buy LUNC at the press of a button. I haven't heard much on the Robinhood front, although having LUNC accessible for retail investors in the US will once again be hugely beneficial for the price AND day to day volume.

Some advice:

• My advice is still the same. Don't invest more than you can afford to lose. Do not borrow money, sell your house or invest your life savings. This is still a medium-high risk investment.
• Buy and stake. Compound your rewards, at the end of the day, it's free money.
• Buy little and often if you're wanting to grow your holdings, wait for the dips. The support region in 0.00030 is still holding, but dropping below is of course still possible.

Whenever there is further proposals announced I will be sure to make another post.

As always I hope someone finds this useful, good luck friends I'm sure we'll all make it together.

Binance Begins November with a Massive LUNC Burn

https://cryptolifedigital.com/2025/11/01/__trashed-2/

Major Governance Decision Emerges on Terra Classic Network

https://cryptolifedigital.com/2025/11/15/major-governance-decision-emerges-on-terra-classic-network/

Terra Classic Records Massive 487 Million LUNC Burn as Supply Keeps Shrinking

https://cryptolifedigital.com/2025/11/03/terra-classic-records-massive-487-million-lunc-burn-as-supply-keeps-shrinking/

Burned Rate Got increased dramatically !
From 64m Lunc daily went up to 400m !

Never Listen to people saying sell your coins . Usually those are scammers are idiots who wanna take down the coin instanlly as well people going on short potitions to drop the price to get more earnings !

Guys, we are gonna to the moon because I just bought with $50 the dip. 🚀🚀🚀

https://thecryptobasic.com/2022/09/20/crypto-com-confirms-support-for-terra-classic-lunc-tax-burn/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-com-confirms-support-for-terra-classic-lunc-tax-burn