Announcement on the Burn Result of LUNC Spot Trading Fees

Dear Users，

As the first CEX to support the burn tax proposal from the Terra Classic (LUNC) community, MEXC has burnt the spot trading fees of LUNC generated on the platform according to our time-limited burn event.

Event Details: MEXC Will Support LUNC Upgrade and Burning of LUNC Spot Trading Fees

The burn details are as follows:

Burn Date	Txid	Burn amount (LUNC)
2022-09-04	LINK	11,015,812.43
2022-09-05	LINK	14,461,785.28
2022-09-06	LINK	22,520,586.51
2022-09-07	LINK	71,023,573.19
2022-09-08	LINK	35,778,137.17
2022-09-09	LINK	56,631,784.91
2022-09-10	LINK	51,384,094.03
2022-09-11	LINK	30,588,175.21
2022-09-12	LINK	19,415,078.14
2022-09-13	LINK	22,611,444.35
2022-09-14	LINK	46,013,552.77
2022-09-15	LINK	32,620,292.08
2022-09-16	LINK	19,344,385.86
2022-09-17	LINK	18,990,017.04
2022-09-18	LINK	13,931,709.21

Please note:

The burn amount of LUNC will be updated daily in this announcement until the end of the burn event.
The spot trading fees of LUNC generated for the day will be burnt the next day (The period from 16:01 to 16:00 (UTC) of the following day will be considered a day here).
As the burn event started at 10:00 on September 3 (UTC), the spot trading fees of LUNC burnt for the first time were generated between 10:00 and 16:00 on September 3 (UTC).
The actual trading fee collected is restricted to LUNC spot trading only, excluding ETF and Margin Trading. (MX Deduction and trading fee rebate will be excluded from the actual trading fee collected).
MEXC has the final interpretation of the burn event and the burn result.

Risk Reminders

Users are strongly advised to do their own research before participating. Nothing herein shall be construed as financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.

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Enjoy trading on MEXC.

The MEXC Team