Binance will launch the LUNC burn program for the first time tomorrow, with an estimated over 14.6 billion LUNC (47 million USD) to be burned

Chain Catcher news, Binance will launch its first LUNC fee burn program tomorrow, with the statistical period from September 21 to October 2. Community member @chandru_tg speculates that approximately 1.46 billion LUNC will be burned, equivalent to about 4.87 million USD.

It is reported that Binance will calculate the total trading fees for LUNC spot and leveraged trading pairs from the previous week every Monday at 8 AM, and will complete the on-chain transfer and update the weekly report data by 8 AM every Tuesday. (source link)