Quick take: The Luna Foundation Guard (LFG) has announced an elaborate plan to protect UST from depegging The plan involves loaning $750 million worth of Bitcoin to OTC trading firms the help protect the UST peg LFG will also loan 750 million to accumulate BTC as market conditions stabilize The traders that take up the loans will trade on both sides of the market to avoid depegging and protect UST from the ongoing volatility The Luna Foundation Guard (LFG) has […]