Timeline of Events

A timeline of events for this wiki

Luna Classic (LUNC)

Luna Crash

May 1, 2022

On May 7, 2022, the price of TerraUSD (UST), the algorithmic stablecoin of the Terra network, dropped to $0.91 after $2 billion of UST was unstaked and liquidated

https://www.forbes.com/sites/qai/2022/09/20/what-really-happened-to-luna-crypto/?sh=449d93864ff1

KuCoin Increased Lunc Tax Burn Rate

May 1, 2023

On May 18, 2023, KuCoin, a crypto exchange announced its decision to increase the tax burn rate of Terra Classic (LUNC) Network from 0.2% to 0.5%

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