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1/ All your $AVAX are ours. a 🌕🔺 #TERRAVAX thesis 🧵 :

Luna Foundation Guard buys $100 million in AVAX for UST’s reserve

LFG bought $231 million in bitcoin the day prior, but this appears to be the first time LFG is buying into another cryptocurrency.

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Do Kwon

@stablekwon

Replying to

@Cryptohandelar

Cant partner with yourself bruv

5:41 AM · Apr 8, 2022Twitter for iPhone

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The3rd

@KSBISTSR

Apr 8

$AVAX use $UST in their ecosystem thus many many $LUNA get burned 👍...you know what this does to price

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and

Actually you can, but people call you cwazy.

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and

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and

How does this benefit Terra, tho? Just through collateralizing the peg? From your tweets, it sounds like this only benefits Avalanche. That’s fine (I hold AVAX as well), but I think a lot of LUNAtics are trying to understand how this will do anything other than reduce LUNA burn.