Originally published at: Luna Foundation Guard Has Raised $2.2 Billion for Terra Stablecoin UST’s $BTC Reserves (Cryptoglobe) – We Never See Nothing
The founder of Terra ($LUNA) has recently revealed that the Luna Foundation Guard (LFG) has raised $2.2 billion to create a Bitcoin ($BTC) reserve for the protocol’s UST stablecoin. Do Kwon’s words come shortly after the LFG raised $1 billion through a private sale. Terra is a Proof of Stake (PoS) blockchain in which LUNA is used…