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LUNC trade tax proposal to be voted on Sept. 10

September 7, 2022
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The proposal for a 1.2% tax on LUNC transactions will be voted on on September 10. If approved, it will be launched around September 20.

Earlier news, the LUNC community proposed to impose a 1.2% fee on each on-chain transaction, and then send these fees to the destruction address to reduce the LUNC supply.

It is worth noting that this parameter setting does not take effect on centralized exchanges, but most LUNC transactions occur on CEX.

At present, MEXC and Gate have announced their support for the proposal.

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