Luna Foundation Guard Declares Remaining Reserves and Suggests Compensation Plan For UST Holders

The Luna Foundation Guard, a non-profit organization that exists to support growth in the Terra ecosystem, has provided an update on its massive reserves. The update comes amid questions from the crypto community following the crash in LUNA and UST prices. LFG’s report also includes intentions to offer a cushion for UST holders after the algorithmic stablecoin lost its $1 peg and fell below 20 cents. The Foundation is looking to use its remaining assets to compensate remaining users of […]