It is good move from community and if it expands more, LUNC will get good support and their total supply will reduce. It is worth to note I don't promote the validator or the DEX, use their service with risk.
We need more support for LUNC burning, otherwise one platform won't have any impact on efforts to increase Luna burning. I'm sure about Do Kwon don't care at all about coin burning suggestions from the community.
Don't waste your time and money on burning Lunc because that project is already abandoned. Most of the developers already migrate to the new version and only one left are the personnel of Do Kwon that leave to still process transaction. There's no point of saving it since everyone already received airdrop while the people who bought the dip just left behind.
Those people that insisting token burn usually those bought Lunc at 0.0000x price. You can't encourage everyone to follow because no one is buying anymore.