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Initially, the LUNC burn rate was set to 1.2% of each transaction. The rate was later changed to 0.2% in order to encourage more activity on the blockchain. However, the low tax rate had very little effect on the circulating supply of LUNC https://dusystecnologia.com/. In March 2023, an active Luna community member filed a proposal to lift the LUNC tax rate to 0.5%.
The Terra ecosystem, a decentralized finance (DeFi) platform, experienced a significant crisis in May 2022. This event centered around the de-pegging of its algorithmic stablecoin, TerraUSD (UST), which lost its intended value of $1 USD.
In response to the hyperinflation of LUNC, the community implemented a burning mechanism to reduce the circulating supply and potentially increase the value of remaining coins. This process involves sending LUNC to a designated burn wallet address, effectively removing them forever.
However, in May 2022, UST decoupled from its dollar peg and experienced a catastrophic collapse. This event triggered a hyperinflationary crisis within the LUNC tokenomics. The algorithmic mechanism designed to stabilize UST inadvertently led to the creation of trillions of LUNC coins, causing its value to plummet by nearly 100%. As a result, LUNC, once valued at over $100, depreciated to less than a cent within a matter of weeks.
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Crypto portfolio tracker apps allow you to track historical transactions, their worth, and destinations or sources. These tools also provide the actual live price of any cryptocurrencies they support. You can monitor price changes at all hours of the day and track your investments in real time. It also allows you to store your cryptocurrency on a hardware wallet for security. Following is a handpicked list of Top Cryptocurrency Portfolio Tracker tools, their key statistics, pros and cons, and website links. The list contains open-source (free) and commercial (paid) software. Read more…
Whether you’re an investor or a trader its important that you monitor your crypto portfolio and the so called portfolio trackers can benefit you in many ways. Here are some of the features of cryptocurrency portfolio trackers.
Conclusion: Koinly offers a very good portfolio tracking tool for free; they can handle support for many blockchains, their API integrations for major exchanges work perfectly, and they provide a breakdown of useful data to judge your portfolio performance such as: received, sent, expenses, trading fees and realized gains. However, since they do not offer a mobile app, many will pass on using it for tracking purposes.
Crypto portfolio tracker apps allow you to track historical transactions, their worth, and destinations or sources. These tools also provide the actual live price of any cryptocurrencies they support. You can monitor price changes at all hours of the day and track your investments in real time. It also allows you to store your cryptocurrency on a hardware wallet for security. Following is a handpicked list of Top Cryptocurrency Portfolio Tracker tools, their key statistics, pros and cons, and website links. The list contains open-source (free) and commercial (paid) software. Read more…
Whether you’re an investor or a trader its important that you monitor your crypto portfolio and the so called portfolio trackers can benefit you in many ways. Here are some of the features of cryptocurrency portfolio trackers.
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Coinigy offers a 7-day trial period that comes with HD charting, technical indicators, and email support. A pro plan adds API accounts, advanced order types, and unlimited session length to an already extensive list of features.
Most personal finance apps don’t focus on retirement planning, much less lifetime financial planning—but Quicken Classic has tools to establish a comprehensive lifetime financial plan, help you pay off your debts faster, and plan for taxes. Empower also has some tools for retirement planning, although it quickly tries to sell you financial advisory services if you use those tools.
Crypto portfolio tracker apps allow you to track historical transactions, their worth, and destinations or sources. These tools also provide the actual live price of any cryptocurrencies they support. You can monitor price changes at all hours of the day and track your investments in real time. It also allows you to store your cryptocurrency on a hardware wallet for security. Following is a handpicked list of Top Cryptocurrency Portfolio Tracker tools, their key statistics, pros and cons, and website links. The list contains open-source (free) and commercial (paid) software. Read more…
We like that Albert makes saving money easier through auto savings. After analyzing your spending and income, Albert finds places to put aside a little bit of money throughout the week to boost your savings balance over time.