Terra’s UST Burn Proposal Gets the Green Light

<a href="https://www.tronweekly.com/terras-ust-burn-proposal-gets-the-green-light/" title="Terra’s UST Burn Proposal Gets the Green Light" rel="nofollow"><img width="300" height="208" src="https://ethereumreader.com/wp-content/uploads/2022/05/terras-ust-burn-proposal-gets-the-green-light.png" class="webfeedsFeaturedVisual wp-post-image" alt="Terra’s UST Burn Proposal Gets the Green Light" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" loading="lazy" srcset="https://ethereumreader.com/wp-content/uploads/2022/05/terras-ust-burn-proposal-gets-the-green-light.png 300w, https://ethereumreader.com/wp-content/uploads/2022/05/terras-ust-burn-proposal-gets-the-green-light-1.png 1024w, https://ethereumreader.com/wp-content/uploads/2022/05/terras-ust-burn-proposal-gets-the-green-light-2.png 768w, https://www.tronweekly.com/wp-content/uploads/2022/05/1_UMujRsshM-JzKX5ceHWFHQ.png 1300w" sizes="(max-width: 300px) 100vw, 300px" title="Terra’s UST Burn Proposal Gets the Green Light 6"></a>All TerraUSD (UST) tokens retained in the project’s community pool, as well as UST utilized for earlier Ethereum liquidity incentives, will be burned, according to the Terra governance system. This translates to, moreover, 1.3 billion UST, or nearly 11% of the current 11.2 billion supply, according to CoinGecko. The proposition received 99.3% of the total […]