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Do Kwon

@stablekwon

Feb 10

1/ The LFG.org board has voted to capitalize the

@anchor_protocol

yield reserve by 450M UST. Details here: agora.terra.money/t/capitalising

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cpt n3mo

@cptn3mox

· Feb 8

1/ A Proposal has been made for the Luna Foundation Guard (“LFG”) to capitalise @anchor_protocol's yield reserve by $450m Anchor is the heart of @terra_money and will continue to be as the network matures Please read and discuss agora.terra.money/t/capitalising

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Do Kwon

@stablekwon

2/ LFG will: - Withdraw 9.5M Luna on Feb 11th 12pm SGT - Swap 9.5M Luna to UST over the course of 5-10 days, which should result in ~450M UST being minted - Send the resultant UST to the Anchor yield reserve contract when the swaps have been completed

10:05 AM · Feb 10, 2022Twitter Web App