The Terra Classic (LUNC) community has finally crossed the 50 billion token burn threshold. Though this amount represents only a fraction of Terra Classic’s supply, it underscores the community’s efforts toward rejuvenating the asset.

Total burns recently hit 50.11 billion tokens following a series of burns carried out within the past week. As of last Wednesday, total burns sat at 49.7 billion tokens; this means the community has incinerated 410 million tokens in the past week.

Being the largest single burner, Binance accounts for 28.95 billion tokens, about 57% of the total incinerated 50.11 billion. Recall that the exchange burned a whopping 8.8 billion LUNC in a single transaction earlier this month.

(by Albert Brown)