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LFG Plans To Compensate HODLers With Its Remaining Reserves

Cryptocurrency27 minutes ago (May 22, 2022 08:30AM ET)

LFG Plans To Compensate HODLers With Its Remaining Reserves LFG Plans To Compensate HODLers With Its Remaining Reserves

  • The Luna Foundation Guard has just released a thread outlining how exactly it will deploy its funds during the UST de-pegging phase.
  • The Foundation is planning to use its remaining assets to compensate users of UST and will prioritize the smallest HODLers first.
  • Various people in the crypto space have given their own suggestions to the Foundation, including Ethereum’s founder.

The Luna Foundation Guard has just released a thread outlining how exactly it will deploy its funds during the UST de-pegging phase. This means that the wait could finally be over and people may get firm answers to their questions.

As of May 7, the Luna Foundation Guard’s reserves consisted of the following assets:

1/ As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets:· 80,394 $BTC· 39,914 $BNB …

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