Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg – News Bitcoin News

The reserve, that will be stored in the form of

, will be used by the foundation in times when the natural stability mechanisms of the token fail due to extreme market conditions, such as caused by a hypothetical bank run on the native coins of the Terra ecosystem.that the Luna Foundation Guard has plans to scale this decentralized reserve to even larger numbers in the future.As these events unfold, the market cap of UST keeps growing.

The second most-valuable decentralized stablecoin by market cap, the ethereum-based DAI, has a current

Every headline these days is an inadvertent endorsement for UST. No doubt in the advantages of decentralized money remains today.

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Luna Foundation Guard raises $1B to form UST reserve denominated in BitcoinSingapore-based Luna Foundation Guard raises $1 billion in a round led by Jump Crypto and Three Arrows Capital to found a Bitcoin-denominated UST reserve. Avoid platform. Been liquidated despite my stop loss position. crv coin went down to 0.6 usdt per coin only on platform. No support no communication only promises that they will get back to me. I'm using Colliery Cloud Mining application and earning $100 daily. Download the app now and earn free bitcoins .You have opportunity to earn profit . Initially you can get $20 and then get soon more
Source: Cointelegraph - 🏆 562. / 51 Read more »

Luna Foundation Guard Raises $1B for Bitcoin UST Stablecoin ReserveThe Luna Foundation Guard (LFG) has secured a $1 billion private token sale to establish a decentralized reserve denominated in Bitcoin for its UST stablecoin. What is Hanted Houses game project from LumiGhost LTD? Who knows? Attention everyone!Many of you people didn't know that,with a space of investment in Bitcoin you can buy a car,house and a landed property.With the minimum weekly investment plan of $100_$1'000_$10,000.and above all'you will be a car,house and land owner.philipberry0a1gmail.com
Source: Crypto_Potato - 🏆 568. / 51 Read more »