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 Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised August 3, 2022 BoE Says UK Stablecoin Rules Will Roll out ‘Just as Quickly as the US’ November 6, 2025 Ripple USD Accelerates: 0 Fees, 140+ Onramps, 15K RLUSD Reward Storm May 30, 2025