Splet09. maj 2024 · The Luna Foundation Guard (LFG) said Monday that it will lend out hundreds of millions of dollars worth of bitcoin and the stablecoin UST in order to defend the latter's peg amid a period of market volatility. Splet13. jun. 2024 · The Luna Foundation Guard (LFG) was set up by Terra co-founder, Do Kwon, who saw a need to add another stabilizing layer to Terra stablecoins. The LFG acts to secure the Terra protocol by buying up BTC to add to the reserves for its most popular stablecoin, UST.
LFG Reserves Dwindle to Just 313 Bitcoins From 80K After UST …
SpletLuna Foundation is a social enterprise dedicated to improving the support for children and young pe. Luna Foundation. 109 likes · 27 talking about this. Luna Foundation is a social enterprise dedicated to improving the … Splet09. maj 2024 · The Luna Foundation Guard announced on May 9 that it will lend out hundreds of millions of dollars in Bitcoin to defend UST peg. UST, Terra’s stablecoin, slipped below its intended $1 parity and ... assassin's creed 2 rosa kiss
The Block: Luna Foundation Guard says it will lend out $1.5 billion …
Splet20. jan. 2024 · The company behind Terra has launched a non-profit organiztion. Terraform Labs has announced the formation of “LFG,” otherwise known as the Luna Foundation Guard—a non-profit organization established to support the Terra ecosystem and safeguard the stability and adoption of its flagship stablecoin, TerraUSD. 1/ The first step towards ... SpletThe Luna Foundation Guard (LFG) is the organization managing Terra, the company behind the LUNA and UST tokens. LFG made headline news when it repeatedly bought Bitcoin, leading to a LUNA all-time high only one month before the UST depeg. Although the declared goal of the Luna Foundation Guard was to accumulate BTC worth $10 billion, it … SpletFounded Date Jan 2024. Operating Status Active. Last Funding Type Initial Coin Offering. Legal Name Luna Foundation Guard Ltd. Company Type Non-profit. Contact Email [email protected]. LFG is dedicated to supporting a vibrant community of blockchain innovators committed to developing a decentralized global economy. assassin's creed 3 boston tunnels map