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Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”

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Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”

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Source: Crypto Briefing

The Luna Foundation Guard said Monday that it plans to lend $750 million in Bitcoin and 750 million UST to over-the-counter trading firms to help protect the UST peg after…

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Author: Stefan Stankovic

Related posts:

  1. LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
  2. Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
  3. Wonky Mars Protocol launch shows ecosystem expansion may not add to network value
  4. Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap
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