According to the Terra Classic Proposal 5234, the burn tax on LUNC and USTC on-chain transactions has decreased from 1.2% to 0.2 % since October 19th.
Bitrue has updated the deposit and withdrawal fees for LUNC and USTC on Terra Classic network.
- Deposits: We have implemented an extra 0.2% tax on LUNC and USTC deposits as consolidation fee. LUNC and USTC deposits will be credited to Bitrue user's address after deducting the 0.2% consolidation fee as well as the 0.2% tax charged by the Terra Classic protocol.
- Withdrawals: The amount received by users for withdrawals will deduct Bitrue's withdrawal fee and 0.2% burn fee from the chain.
Thanks for your support!