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CoinGape
2022-05-11 12:09:03

Breaking: Terra’s Do Kwon Plans To Sacrifice LUNA To Support UST Peg

Breaking: Terra’s Do Kwon Plans To Sacrifice LUNA To Support UST Peg

Terra founder Do Kwon on Wednesday outlined plans to support the flailing Terra blockchain. But his plan is likely to pressure LUNA prices further. Terra (LUNA) has registered a historic dump amid the ongoing carnage in the crypto market. Its stablecoin TerraUSD (UST) has also registered a straight drop of 45% in the last 24 The post Breaking: Terra’s Do Kwon Plans To Sacrifice LUNA To Support UST Peg appeared first on CoinGape.

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