The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protoc...
Tag: UST
Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In – Bitcoin News
Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had ...
Larix on Solana offers highest UST supply APR, zero fees
Larix is now offering the highest $UST supply APR and the lowest $UST borrow APR in Solana (SOL/USD) with no borrowing fees, according to a post on the official website of the project. Larix is the fi...
Terra’s LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
“Raising a BTC reserve is a smart move and may result in lesser fluctuations of UST during future bouts of market volatility,” Matthew Dibb, chief operating officer and co-founder of Stack...
Luna Foundation Guard Raises $1Bn to Save UST Dollar Peg
The LFG (Luna Foundation Guard) recently raised over 1 billion dollars in its private token sale. The NPO was established with the aim to boost the development of the Terra framework. Now, the organiz...
Luna Foundation Guard plans for BTC UST stablecoin reserve
Luna Foundation Guard (LFG) is dedicated to supporting a vibrant community of blockchain innovators. Recently, the project has committed a big raise through a sale of LUNA, the native cryptocurrency o...
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg – News Bitcoin News
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...
LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST
Luna Foundation Guard (LFG) recently completed an over-the-counter sale of LUNA–raising $1 billion from venture capital groups led by Jump Crypto and Three Arrows Capital. Established in the Republic ...
LUNA Shoots 10% After Luna Foundation Raises $1 Billion to form UST Reserve In Bitcoin
LUNA, the native cryptocurrency of the Terra ecosystem has surged by 10% in the last 24-hours with its price shooting past $55 once again. This comes as the Luna Foundation Guard (LFG) raises $1 billi...
In A Turbulent Market, UST Growth Continues
UST has been establishing itself as an emerging leader in stablecoins, solidifying the token in the third-place position behind USDT and USDC, and the leader in decentralized stablecoins. A new report...
Luna Foundation Guard raises $1 billion to form bitcoin reserve for UST stablecoin
The Luna Foundation Guard (LFG) has raised $1 billion through an over-the-counter sale of LUNA, the native token of the Terra blockchain. The raise, one of the largest in the history of the crypto sec...
Terra injects 450M UST into Anchor reserve days before protocol depletion
In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ...
Terra-Based Arbitrage Platform White Whale Launches UST Vault
[Panama City, Republic of Panama, February 15, 2022] – White Whale, a unique platform that empowers retail investors to benefit from seigniorage arbitrage and other complex trading strategies, has lau...
MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST – Bitcoin News
On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentr...
Can Terra’s UST Stablecoin Hold Its Peg?
Key Takeaways UST is an algorithmic stablecoin on Terra. It’s pegged to the value of the U.S dollar. Because UST is unbacked, it can potentially de-peg from the dollar during periods of extreme ...
Default stablecoin for Avalanche DEX is UST
Stablecoin for Avalanche is set for UST as default for all users Terra UST will provide decentralization support and innovation in the space Total valuation includes 50% of Luna’s market cap and its ...
Terra’s UST Becomes Default Stablecoin on Leading Avalanche-Based DEX
Alex Dovbnya Pangolin has made Terra’s UST its default stablecoin Pangolin, a decentralized exchange powered by the Avalanche blockchain, has made TerraUSD (UST) its default stablecoin. We’...
Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase – Altcoins Bitcoin News
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest sha...
Founder Misconduct, Volatility, And Reflexivity —DeFi Chronicles
DeFi markets have experienced a rollercoaster of emotions the past 24 hours. getty Over the past 48 hours, DeFi and Crypto Twitter have been on a wild ride. The rollercoaster initiated when CoinDesk r...
Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap – Bitcoin News
The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of grants ...
Stable Coins Benefit As Bitcoin Falls Below $40,000
Bitcoin has fallen below $40,000 for the first time since September 2021. getty In the past 24 hours, bitcoin has fallen over 6%, now sitting below $40,000, the first time since September 2021. From a...
$4B non-profit established to stabilize UST stablecoin
With a market cap of more than $170 billion, stablecoin adoption is exploding. The total market of stablecoins grew 450 percent in 2021 alone. Stablecoins are viable internet-native mediums of exchang...
UST: This latest initiative by Terra’s ecosystem is reshaping algorithmic stablecoins
Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana. Terra would p...
DAI co-founder brands UST, MMT Solid Ponzis that’ll collapse
TL: DR Breakdown Rune Christensen, a co-founder at Maker, the parent company behind stable coin DAI, has openly challenged two competitors. Christensen claimed that UST and MIM Stablecoins could colla...
Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero – Bitcoin News
Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s d...
Terra to Deploy $139 Million in DeFi Projects to Enhance UST Use Cases
Multi-sector blockchain protocol Terra (LUNA) has announced a proposal to deploy $139 million to five different DeFi projects across Ethereum, Solana, and Polygon to enhance UST’s use cases. The propo...
$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects
Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its UST stablecoin across five projects on Ethereum, Polygon, and Solana. Terra’s Jan. 6 Resea...
MIM and UST are “Solid” Ponzi Schemes
The co-founder of MakerDAO, Rune Christensen, has called Terra’s UST and MIM solid Ponzi schemes that will turn into nothing as market conditions change. The developer noted that the two digital...
Terra’s Stablecoin, UST, Rises 5x in Valuation, Hits $10 Billion Mark
Terra’s stable coin UST becomes 5x in valuation in 2021 and reaches the $10 billion mark, with $18 billion locked in the DeFi ecosystem, Terra’s other token, Luna, matching the steps of UST, Terra’s s...