Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury

The Luna Foundation Guard (GRS), 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 protocol has already reached the max issuance of UST per day,…

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

The Luna Foundation Guard (GRS) ha incrementado $1 billion in a private token sale to allow the group to safeguard the peg of UST, Tierra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar