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Terra Rebels Burns 7.93M LUNC after Second Round of Terra Classic Lottery Game, Winner Pockets 18 Million LUNC

The second round of the Terra Classic game has been concluded. It managed to burn 7.93 million LUNC and made the lucky winner a holder of an extra 18 million LUNC.

The new development was announced by a Terra Rebels administrative team representative, ClanMudhorn, on the 11th of November 2022. According to the report, the third round of the game will start soon.

ClanMudhorn tweeted, “Terra Rebels has successfully sent another user to the moon through the power of LUNC.”

Going by the previous report, the game is expected to run seven times. This implies that the same lottery has to run five more times.

Read Also: Terra Rebels Denies Ties With KaJ Labs Over Plans To Burn 2.5 Trillion Terra Classic (LUNC)

Users that want to participate in the third round are required to buy a lottery ticket, which costs 5,000 LUNC.

It’s revealed by the team that the winner of the lottery will be entitled to 60% of the pool. 26% will be burned, 6% to the builders of the Dapp, 7% to the Rebels group, and 1% will remain in contract reserve.

At the end of the first round of the Terra Classic game, 10.5 million LUNC tokens were incarcerated, while the winner of the lottery game received a total of 20 million LUNC.

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This implies that a total of 18.43 million LUNC tokens have been destroyed via the lottery game. Since the game still remains five rounds, more burns from the Terra Rebels initiative are expected in the coming days.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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