First

First, two traders broke UST’s peg; next, Terraform Labs and three supporters repaired it by purchasing $2B UST; finally, the continued sell-off drained those funds

First, two traders broke UST’s peg; next, Terraform Labs and three supporters repaired it by purchasing $2 billion UST; finally, the continued sell-off drained those

Dubbed Emergency measures for restoring Terra peg, the proposal aims to lower minimum interest rates to 3.5% and maximum deposit rates to 5.5%. Anchor is a

The rapid rise of the

The rapid rise of the Terra stablecoin UST came to an early end when a liquidation cascade caused the price of the algorithmic dollar token to plunge to 60 cents. To

Audit reveals Luna Foundation Guard spent $2.8B to defend UST

The trades that triggered UST’s collapse - Economy Middle East

The Timeline of UST's Collapse: Understanding the Failures and

UST's Collapse & The Trades That Triggered It - Chainalysis

Terra’s Stablecoin UST loses Dollar peg: A failed experiment

The LFG revealed that its

UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg

The LFG revealed that its Bitcoin reserves had been depleted from 80,000 to just 313 Bitcoin in the failed attempt to maintain UST’s peg. This revelation marked the end of

A Nov. 9 technical audit report submitted by JS Held revealed the Luna Foundation Guard spent $2.8 billion to defend UST’s peg between May 8 and May 12.

LFG accumulated more than

Anchor Community Submits Proposal to Restore UST Peg - CoinDesk

LFG accumulated more than $3 billion in its reserve, mostly in bitcoin (BTC), before UST first lost its 1:1 dollar peg on Sunday. However, the plan to connect the