Computed10 Sept 2026Programmes indexed56Burned · 12M$9.67Bof it re-issued · 12M$4.68BIssuance + unlocks · 12M$34.91BNet deflationary14 of 48Median net float+1.2%Held under review2Methodologyv2.17
RankingTerra ClassicTerra Classic

Terra Classic (LUNC) burn and net supply

Terra Classic · Burn tax · supply 6.45T LUNC
Get the widget
Total supply
6.45T LUNC
Circulating
5.48T LUNC
Price
$0.0000501
Total supply × price
$323.39M
Read
10 Sept 2026
Burn measured

Terra Classic is genuinely deflationary: LUNC float changes −0.2% over the last 12 months and total supply −0.6%.

Net float change · last 12 months
Deflationary
−0.2%
Total supply · last 12 months
−0.6%
30D (projected)
−<0.1%
90D (projected)
−<0.1%

11th of 56 tracked programmes by 12-month net float change.

Said in proposal 3568 and passed by the chain itself, which is why the citation is the chain rather than a blog. Real destruction, no minting — one of the few genuinely deflationary assets in the index. The narrative quotes 274B LUNC a year; our own trailing window measures a fraction of that, and the measured rate is the one this page publishes.

Supply composition · measured window (364 of 365 days carry an event)

Measured, not annualised. These are the sums the ledger holds for the last 365 days, not a projection.

Burned−39.06B LUNC$2M
Issuance0 LUNC$0
Released from the community pool+1.87B LUNC$80K
Into the community pool−3.45B LUNC$181K
Net−$2M
Removed
$2M
Added
$80K

Same scale — these rows add up to more movement than the year's readings show, so which side led it is not settled here.

BurnedInto the community poolIssuanceReleased from the community pool

Supply flows

Burns pull supply down. Issuance and unlocks push it up. The lower panel is the running total.

The two halves are drawn to their own scales — the side above the line runs 10× the other — so heights are comparable within a half, never across the line. The axis carries the figures for both.

Cumulative net, on its own scale
BurnedInto the community poolReleased from the community pool
Show the figures as a table13 months
MonthBurnedInto the community poolReleased from the community poolNetCumulative
Sep$189K (3.37B LUNC)$20K (364.32M LUNC)$0$209K$209K
Oct$104K (2.16B LUNC)$9K (194.58M LUNC)$20K (476.83M LUNC)$94K$303K
Nov$131K (3.55B LUNC)$11K (315.48M LUNC)$0$142K$445K
Dec$207K (4.77B LUNC)$22K (490.68M LUNC)$0$229K$673K
Jan$278K (6.64B LUNC)$6K (151.62M LUNC)$37K (972.26M LUNC)$247K$920K
Feb$99K (2.81B LUNC)$8K (212.56M LUNC)$0$107K$1M
Mar$75K (1.73B LUNC)$5K (112.2M LUNC)$0$79K$1M
Apr$108K (2.17B LUNC)$14K (283.47M LUNC)$9K (136.21M LUNC)$113K$1M
May$334K (3.86B LUNC)$36K (407.25M LUNC)$0$371K$2M
Jun$258K (3.41B LUNC)$12K (169.93M LUNC)$0$269K$2M
Jul$94K (1.62B LUNC)$7K (127.44M LUNC)$313 (5.27M LUNC)$101K$2M
Aug$133K (2.62B LUNC)$27K (529.24M LUNC)$0$160K$2M
Sep$58K (1.13B LUNC)$6K (117.27M LUNC)$14K (275.61M LUNC)$50K$2M

Circulating and total supply

Loading the daily series.

Address register

1 of these is measured and deliberately left in the float; the reason for each is in the float packet.
Community poolsubtracted from float
8.85B LUNC · 0.14% of supply
Staking pool (bonded + unbonding)subtracted from float
958.21B LUNC · 14.86% of supply
1 more address
terra1…anxucounted as destroyed
terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu

How the programme runs

Counts and dates from the recorded ledger. Nothing on this card is projected: these are the executions themselves, and they stand whether or not a figure above could be published.
Removals
118,605
in the last 90 days
Days with activity
90 of 90
days holding at least one
Largest single transaction
10.1%
of what the window moved
Last one
10 Sept 2026
today

Removals recorded on 90 of the last 90 days, across 118,605 transactions; the largest single transaction is 10.1% of what the window removed; the last of them 10 Sep 2026, today.

Our ledger for LUNC starts 19 Aug 2025 and holds 247,202 recorded rows — 404 daily measurements and 246,798 transactions.

What the record shows

Findings from the registered test family, corrected across every test run that day. None of them stands today — every one below was published and later withdrawn, and each says on what date and why.

No finding stands for this token right now. The ones below were withdrawn — they are kept because a finding that quietly disappears is indistinguishable from one that was never made.

LUNC: 93% of burn events land in month 2 of the quarterRetired

Exchange burn programmes are quarterly by design, so the timing is expected. What is measured here is the size of the concentration, not that it exists. Measured over 4 quarters, 3,321 burn events, from 26 Aug 2025 to 25 Aug 2026. The χ² vs uniform gives q < 0.0001 after correcting across the whole family of 52 tests run that day; p < 0.0001 alone would not publish it.

Retired 26 Aug 2026: the re-test could not run: the window no longer holds enough observations to support the test. Published 24 Aug 2026 and kept here with this note rather than removed — a finding that quietly disappears is indistinguishable from one that was never made.

n = 3,3214 quartersχ² vs uniformeffect 0.89q < 0.0001
Inputs and evidence

Window 2025-08-26 to 2026-08-25. p = 0.000, corrected to q = 0.000 across a family of 52 tests. Effect 0.890. 3321 events read.

Sources: derived-chain (Chain events), lcd (Chain state)

10EBA76A5C758BA32F6B0053626F1576C0AF6CFFCCA7FE61FC38BEC1FC42C7EC · 593FC06D26EABD9BB36AB65C23F73397E9E3078802ADD2AED455B40447FF5C1B · 5D8DBAE1A064AEDBBB315005D1EDF524BC412DBA1267159D1DC7F9B8D5D6BDCD · 2EDED561BDC731A731F4EFC2673C9D7E7012DD9B2631F3356333442B226CBA4E · 22D744B9E2BA302DC0CBC9F8118988304D8109CD230F29AE43C2BBA22D28C980

Every test in the family is registered before it runs, and the correction is applied across the whole day's family — see how the engine publishes.

All signals for LUNC

Verified events

Every burn, mint and unlock we have recorded for this token, newest first — with the transaction, where one exists.
Individual burn, issuance and unlock events for this token, newest first, each with its source tier and transaction where one exists.
DateEventAmount (LUNC)ValueTransactionSource
Burnso far today · includes the rows below92,455,105.28$5Kmeasured from supplyChain readingsSo far today
Burn4,896.27$0.25B73084377F…684B2BCosmos LCDChain state
Burn1,202,906.9$613E38853054…2E04C1Cosmos LCDChain state
Burn1,239,543.76$630B6EFF7B20…6AF68ECosmos LCDChain state
Burn240$0.01D592708413…E96E6BCosmos LCDChain state
Burn255.6$0.011F90034929…49EBBECosmos LCDChain state
Burn62.69<$0.01C906805BC1…52D4BBCosmos LCDChain state
Burn330,436.14$17C71F2AB62D…71B188Cosmos LCDChain state
Burn744,584.25$38B49DE2731C…9BCAFACosmos LCDChain state
Burn12,000$0.6198FC33663F…8F4124Cosmos LCDChain state
Burn4,418.79$0.22AEE894B212…091222Cosmos LCDChain state
Burn4.68<$0.01FB0DBC863C…1162EFCosmos LCDChain state
Burn4,921.54$0.254BA2D6B6E1…D54BE7Cosmos LCDChain state
Burn4,786.58$0.246A44DAF678…7A75A3Cosmos LCDChain state
Burn4,859.58$0.25C63789EEFC…6B10D5Cosmos LCDChain state
Burn1.98<$0.0155EB7E6D0C…D0DBFACosmos LCDChain state
Burn33,276.4$28AE832C500…1294FCCosmos LCDChain state
Burn60,000$3E99CB476EE…937D72Cosmos LCDChain state
Burn1,703.26$0.093B0C24F5DD…45B077Cosmos LCDChain state
Burn1,738.35$0.09CD26C9A5E6…53893CCosmos LCDChain state
Burn3,600$0.1893BD73C02F…CD8F3DCosmos LCDChain state
Burn33,276.76$296F8531FDD…269740Cosmos LCDChain state
Burn6<$0.017D499F9187…1BA1F5Cosmos LCDChain state
Burn42,467.58$2A24DE3D063…1751D4Cosmos LCDChain state
Burn294.94$0.018F7F46BD50…DE580ACosmos LCDChain state
Burn245,660.85$125F8FCDC31C…56BC4CCosmos LCDChain state

Showing 25 of 247568 recorded events, newest first, above today's movement so far — measured from supply, and not one of them until a transaction accounts for it. The remaining 247543 are available through the API.

What we got wrong

Corrections to this token's figures, dated. Snapshots are append-only, so a correction is a new row rather than an edit — the number that was wrong stays on the record.
Published figure, coverage ratio · 20 Aug 2026 – 21 Aug 2026 · corrected 27 Aug 2026
coverage ratio 710,142.13 (signal published it as 668,234.10)changed tono coverage ratio

The ratio divided $2,021,354 of burns by $2.85 of issuance — everything LUNC added over twelve months. Nine days in ten the figure is absent because nothing was added at all; on the tenth a rounding error became a rate, and signal 74 published it at high severity as "LUNC burns now cover everything added". The arithmetic was right and the sentence was about the $2.85. A denominator of 9.8e-7% of float is below the materiality gate this methodology already applies everywhere else, and the ratio is withheld rather than restated: what share of nothing was covered has no answer. The headline is unmoved because it never used this ratio — net float is issuance and unlocks less burns over float, and none of those changed.

Moved the published headline by 0.0pp.

Movements recorded · 1 Jul 2026 – 2 Jul 2026 · corrected 27 Aug 2026
no unlock rowchanged tounlock 5,268,355.43 LUNC

The release was smaller than the day's unrelated destruction, so the subtraction took the whole of it and wrote nothing: a reader saw no event rather than a wrong figure. The zero below is structural, not rounded — LUNC's figure is measured from two chain readings, so the ledger does not enter it; measured with the methodology, -0.071200 before and after.

Moved the published headline by 0.0pp.

Audit trail

What we published before, and where every number came from. The record is append-only; nothing here can be quietly un-changed.
Open the audit trail2 revision days · provenance

What we said before

Every day we published twice, from the revision ledger — the ones where the headline moved and the ones where it held while the measurements under it changed. The ledger is append-only in the database, so a figure we changed cannot be quietly un-changed: the state we published stays on the record beside the one that replaced it. 26 recorded states were computed before the day's inputs were all in and are not counted here; they stay in the ledger.
9 SEPT 2026 · 3 REVISIONS · CHANGED 10 SEPT 2026
−<0.1%changed to−0.2%

Moved: 12-month net float, methodology version.

7 SEPT 2026 · 2 REVISIONS · CHANGED 7 SEPT 2026
−0.2%changed to+<0.1%

Moved: 12-month net float.

The full chain, field by field:

/api/v1/tokens/terra-classic/revisions

The series as it stood on any past date, from the same endpoint:

?as_of=2026-08-19

API reference

Provenance

Every subtraction between total supply and float, with its reason and whether it can be checked by reading the chain, is published as a packet at
/api/v1/tokens/terra-classic/float
— built for the rule listing desks actually apply, and open without a key.
Read 10 Sept 2026 from Cosmos LCD · Chain state
Methodology
v2.17
versioned and dated
Supply source
terra-classic-lcd.publicnode.com
Chain state · tier 0
Total supply
6,449,859,791,542
6 decimals · stored exactly, never rounded
Own snapshots
6565
never rewritten, since day one
uluna registry import 2026-08-17, confirmed by live supply call
ActiveCaptured 10 Sept 2026, 19:16 UTC

The 30-day removal rate is 127% of the 90-day rate. The tag reads Active at or above 70% and Weakened at or above 20%.

Checked against CoinGecko on 10 Sep 2026: under 0.01% apart, inside the 0.5% tolerance that publishes at high confidence.

Questions people actually search

Answers generated from this token's data, not from a template.
Is LUNC deflationary?

Yes. Circulating supply falls about 0.2% a year and total supply falls 0.6%, so both measures point the same way.

Does the LUNC burn offset its unlocks?

Yes — burns exceed everything added over the same 12-month window.

How much LUNC has been burned?

54.94bn LUNC destroyed across 247,202 rows we have recorded since 19 August 2025 — 404 daily measurements and 246,798 transactions. Only the transactions can be linked: a daily measurement is a day's fall in supply read from our own snapshots, and there is no single transfer behind it.

When is the next LUNC unlock?

We hold no vesting schedule for LUNC, so we publish no forward calendar rather than a guess. Unlocks that have already happened are in the ledger below.