Update
Terra Classic Increases Transaction Tax to 1.5%
Terra Classic has increased its on-chain transaction tax from 0.5% to 1.5%, effective August 2, 2026. The change, approved through Proposal 12223, aims to increase LUNC burns and provide funding for the network's Community Pool and Oracle Pool. However, the actual amount collected still depends on transaction volume, with approximately 11.14 billion LUNC generated in tax revenue from August 2 to November 9, 2026.