Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’ Post author:MiamiCrypto Post published:May 12, 2022 Post category:burn / Proof-of-Stake / Stablecoin / Terra The Terra Money Twitter account shared the finer points on Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA. You Might Also Like Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD June 15, 2023 Terra’s LFG Reveals What Happened to Its Bitcoin Reserves May 16, 2022 Russia’s largest bank struggles to register its digital asset platform December 7, 2021