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 Tether freezes $873K USDT linked to terrorist activity in Ukraine, Israel October 16, 2023 BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance February 25, 2023 U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy January 25, 2022
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U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy January 25, 2022