Luna Foundation Guard Announces Compensation to UST Users

Non-profit behind Terra ecosystem announces compensation plan

The Terra Crash: What Happened and How to Cut Your Losses

The announcement reads

Following the collapse of Terra’s UST stablecoin, questions have been asked about the fate of the $3.5 billion in Bitcoin (BTC) held in reserve to help prevent exactly

The announcement reads: “The Foundation is looking to use its remaining assets to compensate remaining users of $UST, smallest holders first. We are still debating

People from the space, including Ethereum’s founder Buterin, had dropped their suggestions recently w.r.t. how Terra could relieve its small investors by using funds from

The Luna Foundation Guard

Terra’s LFG Reveals What Happened to Its Bitcoin Reserves

The Luna Foundation Guard (LFG), a nonprofit organization created specifically to support Terra Ecosystem, has disclosed details regarding the recent collapse of

NEW DELHI: The Luna Foundation Guard (LFG), a non-profit organisation that supports the Terra ecosystem, has announced plans to compensate remaining users of

The Luna Foundation Guard updated

Terra LUNA and UST Crisis Explained - Altcoin Buzz

The Luna Foundation Guard updated the world concerning its crypto-asset reserves and shared a promise to compensate the remaining users of failed stablecoin UST.

What happened to the $3.5 billion Terra Reserve? Elliptic follows

And it is now looking

Terra’s LUNA Foundation Guard Opens Up About Its Bitcoin

Terra finally outlines reserve HODLings and is 'looking to'

And it is now looking forward to using its remaining assets to compensate the remaining users of UST and would prioritize the smallest HODLers first. Even Ethereum

Key Takeaways The Luna Foundation

Key Takeaways The Luna Foundation Guard revealed Monday that it had spent almost all of its Bitcoin reserves in its failed attempt to restore UST's peg. The LFG

Despite attempts from the Luna Foundation Guard to use their $1.5 billion in BTC reserves to defend the UST peg and even halting transactions on the Terra blockchain

80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?