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Terra's Luna Foundation Guard Releases Audit Report, Do Kwon Responds

source-logo  coingape.com 16 November 2022 10:41, UTC

The Luna Foundation Guard (LFG), nonprofit managing UST algorithmic stablecoin, has released a technical audit to provide full transparency into assets and efforts to repeg TerraUSD (UST) in May. LFG aims to answer all allegations including misappropriated funds, insiders, holdings funds in other wallets, and funds frozen. The report claims LFG and TFL used almost $3.4 billion to defend the UST peg.

coingape.com