Crypto-Follow logo Crypto-Follow logo
CoinGape 2022-05-09 05:02:59

Luna Foundation Guard Takes Corrective Measures to Protect UST Peg, Here’s How

The Luna Foundation Guard has once again come forward announcing some key measures to safeguard the Bitcoin peg for its native UST stablecoin. Last weekend turned out to be a major nightmare for Terra (LUNA) investors and all participants of the ecosystems. In what seemed like a coordinated attack on the Terra-Luna-UST ecosystem a single The post Luna Foundation Guard Takes Corrective Measures to Protect UST Peg, Here’s How appeared first on CoinGape.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer