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3232Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
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Wed, 23 Feb 2022 14:30:34 +0000https://www.digit.info/2022/02/23/luna-foundation-guard-raises-1-billion-to-safeguard-ust-dollar-peg/Read more]]>The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to […]
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to […]