Luna fondi valvur (LFG), mittetulundusühing, on teatanud uutest meetmetest UST tarnimise säilitamiseks, Terra ökosüsteemi lipulaev stabiilne münt, likviidne järelturgudel. Protokoll on juba saavutanud maksimaalse UST väljastamise päevas, but demand is strong enough that the foundation will have to burn more LUNA to guarantee the supply of UST in these markets.
Sisu
Luna fondi valvur põleb 4.2 Million LUNA for UST
Luna fondi valvur, an organization dedicated to supporting projects from the Terra ecosystem, has decided to act to increase the supply of UST in secondary markets. The most common way of obtaining UST, the dollar-pegged stablecoin of the Terra ecosystem, is to burn LUNA in the protocol treasury. Kuid, due to the increased demand for UST, the maximum quantity of the stablecoin is being issued each day, leaving a lot of investors without access to the currency.
These investors then have to go to secondary markets such as exchanges and decentralized finance applications to satisfy demand. Nagu, the Luna Foundation Guard council voted in favor of burning 4.2 million LUNA to UST and selling it to markets like Curve, whose stablecoin pools have been losing balance due to the high demand.
Anchor Attraction
This is the second time that the organization has decided to step in to restore the balance in Curve pools this month. Just hiljuti, the foundation decided to act in the same way, announcing they had decided to burn 5 million LUNA to issue UST that was used to fix these imbalances.
The proceedings of that operation were used to buy bitcoin for the treasury, and the Luna Foundation Guard also decided to use funds from this latest operation to buy more bitcoin for the forex reserve used to support UST’s price in moments of market stress.
A large part of Terra’s attraction for investors seems to be Ankur, a protocol that lets its users earn interest of almost 20% on the UST deposited. Kirjutamise ajal, Anchor has amassed almost 10 million UST in deposits. LUNA, the stabilizing partner token of the Terra protocol, has also benefited from this action. LUNA is now sitting at almost $100, with a rise of more than 50% in value in the last 30 päevadel, according to data from Coingecko.
What do you think about the movements of the LFG to balance UST’s secondary markets? Rääkige meile allpool olevas kommentaaride jaotises.