KuCoin declared support for the burn tax increase after the passing of a Terra Classic (LUNC) proposal seeking to raise it from 0.2% to 0.5%. KuCoin, a prominent Seychelles-based crypto exchange, has declared support for the increase of the Terra Classic (LUNC) network’s burn tax from 0.2% to 0.5%. This decision was made in response The post KuCoin to Increase LUNC Burn Tax to 0.5% as Major Proposal Passes first appeared on The Crypto Basic .