DeFi.$DFC dAPP: https://teapaw.org/t.co/mM3QdKXsJr DEX: https://teapaw.org/t.co/yVIwjZvi6j LP: https://teapaw.org/t.co/HKIqnbemPM DFC:terra1r9laq5788d36gxmf8jkayln3g5szg4ql0nmccs TG:https://teapaw.org/t.co/3m8IIBxezv
Defi
Joined April 2023
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DFLunc Protocol retweeted
#LUNCcommunity due to recent discussions, let's talk about the circulating supply of $LUNC.
While the total supply is easily queryable from the chain (terra-classic-lcd.publicnode…) there is no official endpoint for the circulating supply. CMC for example from my knowledge uses an unofficial api, kindly provided by @Raider7019
The most simple approach (I would guess currently used) is to use "Total Supply minus Staked Tokens" as the circulating supply (roughly 5.85T).
But there are mode on-chain modules holding tokens and might be considered out of circulation:
1. Distribution (holding CP funds and unclaimed rewards) = ~22.7B #LUNC
2. Oracle Pool (holding not distributed oracle rewards) = ~157B LUNC
3. Unbonded Staking (holding staked, but unbonded tokens) = ~122B LUNC
4. Governance (holding proposal deposits) = ~5.5M
Personally I would think if we have the staked tokens out of CS, then unclaimed rewards, oracle pool and maybe also the unbonded staked tokens would also be out of circulation, although most of those will re-enter CS over time. On the other hand for me "dormant" wallets are not out of CS. The CS calculated this way would be ~5.67T.
What is your opinion on this? What should be considered out of circulation?
DFLunc Protocol retweeted
Scaling Blockchains for AI: A Proof By A Billion Hashes link.medium.com/La8PManrdBb
DFLunc Protocol retweeted
A non @binance burn week, nearly saw #binance like #luncburn for the first time in probably ever. Subahann'Allah huge shoutout to @DFClunc and the #LUNCCcommunity for that. Let's make this week insh'Allah even better and finally see 6.49T
#lunc $lunc #LuncArmy #LUNACLASSSIC
DFLunc Protocol retweeted
The burns come through as the wallet that is connected to their burn app. I've done about 40k in burns over 5 days with them and they show up in the burn tracker right away at terrarity.io/analytics/lunc-…. Not vouching for them, just sharing my experience.
DFLunc Protocol retweeted
LUNC fam - I stand corrected.
To @DFClunc, I publicly apologize for stating that you were doing something wrong.
With the help of the #LUNCcommunity, I can see that the protocol is indeed burning that much LUNC.
Finally, I will say to @DFClunc:
Wow - you are doing one heck of a job burning LUNC!
Congratulations on your success.
#Terra #LUNC @klothtweets @cryptounknown @priyowbsarjono @ClassicRaptor @Diego90K @DFluncceo @urbanfoxtc
DFLunc Protocol retweeted
I only random-checked some transactions but it seems funds are going to the burn wallet. So the number seems valid (~620M $LUNC from what I saw).
The reason why luncdash is not showing the burns is that it is contract executions by users, no direct sends to burn. I have one … 👇
🫡This is community power🫡
🔥🔥🔥🔥
600 millions LUNC burned!!!!!
🔥🔥🔥🔥
🚨Remeber to stake your LUNC to DFlunc.app validator if you want see more burning !!!
#LUNCcommunity #DFLunc #Burn2Earn
#LUNC #USTC #DFC
DFLunc Protocol retweeted
I feel success is based on data and people's trust, not marketing. Only the support of the people can persist, and the support of the people is a steady stream of motivation. Like a monarch, if he is loved by the people, then the country will not decline.
Persist and come on
DFLunc Protocol retweeted
最近良く burnしてくれている #DFLuncProtocol
🔘NO Premined
🔘NO private or public sale
🔘NO treasury allocations
事前のトークン発行無し、プライベートセールやパブリックセールも無し、余計な資金調達も無し。
MINING(MINTING)
The only way of mining DFC is burn LUNC VIA Protocol I. Anyone who want to own DFC token have to burn LUNC.
トークンを得る(mintする)にはマイニングが必要。マイニングに参加する方法はLUNCをバーンすること。
つまりDFCトークン欲しいならLUNCを burnしてくれと。それ以外の方法では手に入らないし、マイニング手段以外で手に入れている人はいないよということかな。
#LUNC #USTC #TerraClassic
