Binance will implement a burn mechanism to burn all trading fees on $LUNC spot and margin trading pairs.
Fellow Binancians,
In response to the LUNC community proposal on burning trading fees while maintaining a good trading experience for users, Binance will implement a burn mechanism to burn all trading fees on LUNC spot and margin trading pairs by sending them to the . The specific amount of LUNC to be burned, its equivalent value in USDT, and on-chain transaction ID will be: 2022-09-21 00:00:00 until further notice.The calculation of total trading fees on LUNC spot and margin trading pairs to be burned from the previous week will be doneat 00:00:00 .
Trading fees on LUNC spot and margin trading pairs that collected in a token other than LUNC will be converted to LUNC with the real-time exchange rates on Binance every Monday at 00:00:00 .
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