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CoinGape 2022-05-12 11:53:45

Terra Announces New Emergency Measures To Support LUNA And UST

Terraform Labs on Thursday said it has proposed three new emergency measures to save LUNA and UST stablecoin. The company has proposed to burn all UST in the community pool, burn the remaining 371 million UST cross-chain on Ethereum, and stake 240 million LUNA to protect from network governance attacks. Terraform Labs to increase UST The post Terra Announces New Emergency Measures To Support LUNA And UST appeared first on CoinGape.

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