LUNC Fanatics Revolt and Disperse the #BoycottBinance Hashtag 😄 A Comedy in Four Acts 1. LUNC implemented a 1.2% burn mechanism on every transaction and trade. 2. Binance has decided NOT to add LUNC burning per trade, but only for deposit/withdrawal. 3. The LUNC community rebelled. Therefore, CZ proposed to make a button on the exchange, so that everyone would agree to pay an additional commission of 1.2% from each trade transaction and send these funds to burning. 4. The community rebelled and launched #BoycottBinance calling for the withdrawal of LUNC. 5. What's next: delisting LUNC from Binance, will everything stay as it is, or will CZ cave in? I think it is not profitable for the exchange to delist an asset with a daily trading volume of $200+ million. For Binance, this is income. I believe that CZ will go to the community meeting and add the ability to choose whether to burn 1.2% per trade or not. What do you think?👇
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