KuCoin and Gate.io to support Terra Classic (LUNC) tax burn.

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KuCoin and Gate.io to support Terra Classic (LUNC) tax burn.

KuCoin and Gate.io, two major cryptocurrency exchanges, will back the Terra Classic (LUNC) community's proposed 1.2% tax burn. The proposed 1.2% Fee Parameter Change will include a tax on all on-chain transactions between wallets and smart contracts, including LUNC and USTC.