Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
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.
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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.
Excessive Terra supply coupled with UST supply contraction coincides with LUNA's price decline.
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