NEW DELHI

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

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

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

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Luna Foundation Guard Announces Compensation to UST Users

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

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

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The Luna Foundation Guard updated

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

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.

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