June 27 (Cointime) - A proposal has been put forward by Terra Luna Classic to burn all LUNC tokens from the community pool that were reminted from Binance's LUNC burn mechanism. The proposal aims to burn 899,224,538.5 LUNC from the community pool, but the community remains divided on the issue.

Some argue that burning a large amount of LUNC from the community pool could negatively impact spending proposals, while others believe it is the morally correct thing to do, but in smaller amounts weekly. The total LUNC burn rate has risen significantly, with Binance contributing 51% to the total burn.