Terra Classic (LUNC) Kucoin betThe cryptographic community has warmly welcomed KuCoin to launch the urgent Lunk bet. After authorizing 48 billion LUNC in January 2023, login password trading center launched the LUNC betting service again. With KuCoin re-entering the LUNC drive chain as a verifier, KuCoin will have 5.09% of the voting rights because of the $47.9 billion authorized by LUNC.
With information about KuCoin's profitable Lunk bet plan, investors can get an expected annualized interest rate of 12% (APR). The redemption period is 21 days. This is supposed to be a response to KuCoin's LUNC mission, where the price of tokens has soared in recent hours and then lost its rise. As of this writing, the price of Terra Classic (LUNC) is $0.0001822, down 0.55% in the past 24 hours. Interestingly, compared with 24 hours ago, Terra Classic trading volume soared by 20.95 per cent.
The reinvestment represents that KuCoin has regained 5.09 per cent of the voting rights. Last month, the Hong Kong Stock Exchange said its verifier cancelled the 48 billion LUNC commission due to the conversion of pledge nodes in its financial sector accounts. As a result, KuCoin's voting rights dropped sharply, and the ranking of verifiers fell to 46th at that time.
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Tue, 18 Apr 2023