Terraform Labs Launches 3 Emergency Actions to Save LUNA, UST Stablecoin - Decrypt


5/12/2022 12:00:00 AM2 years 11 months ago
by Sujith Somraaj

In a race to remove all bad debt from the Terra ecosystem, Terraform Labs is pulling out all the steps with three emergency actions.

On Thursday, Terraform Labs, the team behind the Terra ecosystem, outlined three emergency measures aimed at saving LUNA and its native stablecoin UST from collapse. The three measures include burni… [+2518 chars]

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