Do Kwon @stablekwon·Apr 81/ All your $AVAX are ours. a 🌕🔺 #TERRAVAX thesis 🧵 :theblock.coLuna Foundation Guard buys $100 million in AVAX for UST’s reserveLFG bought $231 million in bitcoin the day prior, but this appears to be the first time LFG is buying into another cryptocurrency.2991,2804,609
Gilles - Mr. Frog Skeletons@GillesLunatic·Apr 8@stablekwon do I understand it well that there will be other assets burned instead of $LUNA to get $UST?3214
Phoenix@Zines1_1·Apr 8The reserve is for emergency depegging attack, not burned but swapped for $UST6236
Josh Coversmith@jcoversmo·Apr 8And all the reserve assets are correlated? Has the dude not heard of LTCM3532
Do Kwon @stablekwonReplying to @jcoversmo @Zines1_1 and @GillesLunaticWe may buy $ADA for negative correlation5:42 AM · Apr 8, 2022·Twitter for iPhone34 Retweets119 Quote Tweets356 Likes
Manny Lind@LindManny·Apr 8Replying to @stablekwon @jcoversmo and 2 othersBut you have a stable coin already... don't need $ADA417
