Terra Casino, the recently launched gambling platform, has started to fulfill the purpose of its launch. LUNC tokens are already being incarcerated in tons, making it seems feasible that the Casino could burn 24 billion LUNC as projected.
Terra Casino is committed to the 0.2% tax to help the community in the currently active LUNC burn campaign.
The platform shared the new achievement via its official Twitter handle on the 25th of November. According to the report, the number burned now stands at 1,096,015 LUNC in just four days of the official launch. The betting platform also used the medium to hint at an upcoming interesting event for the Terra Classic community.
Woo hoo we've just burnt our first million 🔥🔥#LUNC🔥🔥
And in only 4 days… 🚀
And there's a fab surprise coming to 🤗❤️
Thanks all who's helping out ❤️ pic.twitter.com/ta6M06W1L2
— ⚽️♥️♣️TerraCasino♦️♠️🌎 (@TerraCasino_io) November 25, 2022
Among those who reacted to the new development was Rex Harrison, Head of Development at TerraCVita and a prominent Terra community member.
Harrison, also known as Rexzy, rejoiced over the attainment of such a height within a few days of launch. He also shared the potential height that the platform can attain in its quest to contribute to the recovery of the Terra Classic ecosystem.
According to Rexzy, the 1 million LUNC burned by TerraCasino only applied to on-chain deposits and withdrawals.
Rexzy noted, “Wow, TerraCasino_io soon got to 1m #LUNC burned, and this is just deposit and withdrawals on the chain. The more we support them, the more they burn,”
— Rexyz (@RexYellerBelly) November 25, 2022
For a project like this to keep running, there will always be room for applause and criticism. As some members of the community applaud the gabbling platform for its commitment towards LUNC recovery, others are criticizing it for its low burn rate and inability to confirm its so-called LUNC burned on the blockchain.