Terra to burn 1B UST from the community pool as holders vote for it

by Aurelia Butler 28 May 2022, 11:20 119 Views

Earlier in May, Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply. In response to this, users proposed the burning of the 1 billion TerraUSD (UST) that was stored in Terra’s community pool and the remaining cross-chain UST that’s deployed on the Ethereum blockchain as incentives.

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Source: Cryptocurrency - investing.com

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Terra to burn 1B UST from the community pool as holders vote for it

Draft bill to ban China’s digital yuan from US app stores

LUNA Airdrop Eligibility Dependent on Variety of Factors

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