Terra peg mechanism in doubt as UST crashes to 67 cents Post author:MiamiCrypto Post published:May 10, 2022 Post category:Do Kwon / luna foundation guard / UST Terra USD (UST) and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem. You Might Also Like Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY May 7, 2022 LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—But Can It Be Trusted? November 16, 2022 Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve April 8, 2022