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LUNC Burn Per Transaction and Two Other Benefits Terraport Plans To Bring To Terra Classic

Terraport, the Terra Classic layer 2 decentralized finance project, powered by the independent LUNC development team – TerraCVita – promises to be very instrumental to the growth of Terra Classic network.

Among the multiple benefits the Terra Classic project stands to gain from the existence of Terraport Finance, the DeFi project team took to Twitter to highlight three major ways it would contribute greatly to the predicted upswing in the value of the embattled crypto token, LUNC. 

According to the team, Terraport which includes a decentralized exchange (DEX) would burn LUNC from every transaction made on the trading platform. This goes further to explain how the team intends to burn billions of LUNC weekly as noted in the Terraport whitepaper. 

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