Final Vision Plan for LUNC to $1+

[wagnerdalcin]

@JESUSisLORD

If you check the Dashboard in Terra Station at the time LUNC pumped from $0.00008 to $0.0006, you can see on 4th August 2022 volume was 59B LUNC per day, rising to 661B on 1st September, and rising to 3 trillion, then coming down to 173B on 16th September. So the price of LUNC going up 7.5x caused a 50x in on-chain volume. So like I said, the on-chain volume rises A LOT when LUNC pumps.

Shedding you some more light to what really caused the on-chain surge

Proposal for the 1.2% Tax Parameter Change

Summary This proposal initiates the tax for all on-chain transactions as first described in proposal 3568 (for the 1.2% burn) and proposal 4159 (distribution of v22). Taxes will be charged and burned for on-chain activity such as sending between wallets and smart contracts that interact with the chain. This parameter change cannot enforce taxes on off-chain activity (like trading on CEXs); however, depending on the mechanisms that these trading exchanges use, such as moving from hot to cold w…