Terraform Labs Donates Another $880 Million To Luna Foundation Guard
The Luna Foundation Guard has received another ten million LUNA tokens from Terraform Labs, following a $1.1 billion donation last month. Terraform Labs (TFL), the developer of the Terra (LUNA) blockchain, has gifted the Luna Foundation Guard ten million LUNA, which is worth approximately $820 million at current prices. The Luna Foundation Guard (LFG) is […]
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) […]