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New Proposal to Repeal Proposal 10983 That Mints 50% of All LUNC Burns Is Now Live

Mr. Diamondhandz1, the host of LUNCLIVE tweeted, “BREAKING: Proposal #11111 to REPEAL proposal #10983 which mints 50% of all burns is now live for voting on Terra Station. It’s time for the LUNC community to support Binance like they supported us. Get out and vote!”

According to Matts Market, Co-Owner of LuncLive Validator, who authored proposal 11111, it’s recommended to repeal proposal 10983 & reverse the code changes implemented by that proposal.

He added that he believes it’s in the “community’s best interest to repeal and replace it to the prior 0.2% tax and 10% of the burn tax to be reminted and sent to the community pool for the time being.”

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