Avalanche Foundation Announces Token Repurchase from Luna
The AVAX price has seen bullish movement due to the Avalanche Foundation’s intention to repurchase 1.97 million tokens sold to the Luna Foundation in 2022. The AVAX price has experienced a remarkable 10% increase in the past few hours as a result of the Avalanche Foundation’s recent announcement of a repurchase agreement with the Luna […]
Terraform Labs Donate $1.1 Billion For LUNA Foundation Guard’s Reserves
Due to the high demand for Terra, a pool imbalance has developed on Curve Finance, thereby necessitating action. Terraform Labs (TFL) founder and CEO, Do Kwon, who creates the Terra Luna (LUNA) and TerraUSD stablecoin (UST) blockchain ecosystems, said on Friday that TFL had donated 12 million LUNA ($1.1 billion at the time of publication) […]