Stating that TerraUSD will accumulate $10 billion worth of bitcoin as a reserve, Terraform Labs donated 10 million LUNA ($860 million) to the Luna Foundation Guard (LFG).
Terra’s nonprofit Luna Foundation Guard (LFG) announced that it has received $100 million of AVAX with its native stablecoins, UST. Afterwards, he shared on Twitter. Terraform Labs said it has gifted LFG 10 million LUNA.
10 billion The Luna Foundation Guard, which is known to accumulate $ bitcoins, currently has about 42,400 owns bitcoin. This is about Owns $1.75 billion worth of bitcoin shows they are.
Terra’s founder, Do Kwon, recently 3 billion dollars announced that they can buy bitcoin.
The volume of Terra’s native token LUNA is the latest according to CoinMarketCap data. 12,46% in 24 hours last in decline in a 7-day period LUNA price 18.7% suffered a decline and from $86 is being traded. In the realization of these decreases, the experience in bitcoin correction is thought to have had an effect.
LFG in UST reserves with this donation on LUNA except bitcoin and AVAX has added.