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Learning & News => News related to Crypto => Topic started by: newshunter on May 13, 2022, 01:02:56 AM

Title: Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
Post by: newshunter on May 13, 2022, 01:02:56 AM

Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA.

Source: Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’ (https://cointelegraph.com/news/terra-to-burn-1-4b-ust-and-stake-240m-luna-to-stop-the-bleeding)

Would appreciate your opinion about this