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 Singapore Plan Would Ban Interest on MAS-Regulated Stablecoins September 2, 2026 $50 Million Bounty Offered by Tron’s Justin Sun to Recover Stolen Trueusd Reserves April 4, 2025 USDT Sets Record as Onchain Transfers Hit $4.4 Trillion February 7, 2026