278 million LUNA burned since Do Kwon posted burning address

278 million LUNA burned since Do Kwon posted burning address

On May 21, Do Kwon, the CEO and founder of Terra, posted in a Twitter conversation a dead wallet address, where people can send their LUNA tokens for burning.

The total amount of LUNA sent to the burning address is up to 289 million, with the total number of transactions at 2,719, which means the average number of tokens sent to burn in a single transaction is about 107,000 LUNA.

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