cryptonews.net
LUNC can now be used to make payments in 180 countries with Apple Pay, Samsung Pay and Google Pay. In today's tweet, popular cryptocurrency leader Travis Dickenson revealed that Terra Luna Classic is now integrated with Okse. This non-custodial crypto wallet offers users access to a Visa card that allows them to use cryptocurrencies for payments.
This is a big win for the community as it offers on-chain utility, which has been a concern ever since the community started the recovery process. In addition, it can greatly increase the burn rate as there is a burn tax of 1.2%. The community votes on a proposal to reduce the tax parameter to 0.2% to encourage on-chain transactions, as volumes have dropped significantly since the tax was introduced.
It is worth noting that since taking control of the network in August, the LUNC community has made a major effort to restore the network. So far, the community has had three main goals: reducing the LUNC supply, developing a network to attract projects, and restoring the peg to the TerraClassicUSD (USTC) dollar. At the moment of writing, LUNC is trading at $0.0002964, up 4.12% in the last hour.
Image: CryptoSiam