Luna Foundation Guard

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

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

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

Audit reveals Luna Foundation Guard spent $2.8B to

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

Terra Labs, Luna Guard commission audit to defend against

JS Held

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

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

A third

Luna Foundation Guard (LFG) - Medium

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.

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

As per the details from

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

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

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