DFLunc Protocol, a Terra Classic project and ecosystem validator, has burned over 628 million LUNC tokens in less than six weeks, with a sustained rate of tens of millions of LUNC tokens burned daily. This has contributed to the massive burn threshold, with over 379 million Terra Classic burned this month alone.

However, there is a contest of the project's actual burns due to an issue with DFLunc's wallet, and some community members have questioned the authenticity of the burns. If sustained, DFLunc could potentially overtake Binance as the biggest LUNC burner.