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Luna Foundation Guard Utilized $2.8B to Defend UST Peg, Audit

Luna Foundation Guard (LFG) - Medium

A third-party audit has revealed that the Luna Foundation Guard spent $2.8 billion to defend the peg of the algorithmic stablecoin TerraUSD (UST). Audit Findings

Luna Foundation Guard

Terra Labs, Luna Guard commission audit to defend against

Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of algorithmic stablecoin

LFG Audit Reveals Billions Spent On UST Peg - TradingView

Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8

Audit reveals Luna Foundation Guard spent $2.8B to

Luna Foundation Guard Spent $2.8B Defending UST Peg, Third

The Audit Found That Lfg

As per the details from a third-party audit by JS Held, a Jericho, New York, based consultancy firm, Luna Foundation Guard (LFG) has spent $2.8 billion defending the

The audit found that LFG spent 80,081 Bitcoin (BTC) and $49.8 million in stablecoins (about $2.8 billion at the time) to defend the UST peg.

Luna Foundation Guard says it spent $2.8 billion to defend UST peg

Js Held

LFG spent $2.8 billion in crypto over the course of five days, from the 8th to the 12th of May, to defend the peg of algorithmic stablecoin TerraUSD (UST). According to a third-party audit

JS Held, an experienced third-party auditing firm, was hired to conduct a technical audit providing full transparency into the trading, blockchain records, and efforts of

Audit report: How LFG spent $2.8B trying to defend UST’s peg

Luna Foundation Guard

Luna Foundation Guard (LFG), a non-profit created in January to grow the Terra ecosystem, has published an audit stating that it spent $2.8 billion in bitcoin and