user avatar
LFG | Luna Foundation Guard
@LFG_org
The Luna Foundation Guard (LFG) is dedicated to economic sovereignty, security, and open-source software that helps build a truly decentralized economy.
Republic of Singapore
lfg.org
Joined February 2022
0
Following
121.6K
Followers
Posts
  • Pinned
    user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Nov 16, 2022
    1/ Today, LFG releases the technical audit report conducted by JS Held, an experienced third-party auditing firm, providing full transparency into the trading, blockchain records, and efforts of LFG and TFL to defend the price of TerraUSD ($UST) between May 8th & May 12th, 2022.
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 16, 2022
    1/ As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets: · 80,394 $BTC · 39,914 $BNB · 26,281,671 $USDT · 23,555,590 $USDC · 1,973,554 $AVAX · 697,344 $UST · 1,691,261 $LUNA
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 16, 2022
    Replying to @LFG_org
    10/ The Foundation is looking to use its remaining assets to compensate remaining users of $UST, smallest holders first. We are still debating through various distribution methods, updates to follow soon.
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 16, 2022
    Replying to @LFG_org
    8/ As of now, the Foundation’s remaining reserves consist of the following assets: · 313 $BTC · 39,914 $BNB · 1,973,554 $AVAX · 1,847,079,725 $UST · 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators)
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 9, 2022
    1/ Over the past several days, market volatility across crypto assets has been significant. The market turmoil is also reflected by the past week's uncertain macro conditions across legacy asset classes.
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Mar 30, 2022
    Hold my beer.
    user avatar
    Blockworks
    @Blockworks
    Mar 30, 2022
    Biggest Disclosed #Bitcoin Treasuries: 1. MicroStrategy - 125,051 BTC 2. Tesla - 43,200 BTC 3. Terra - 30,727 BTC 4. Marathon Digital - 8,133 BTC 5. Square - 8,027 BTC Data: @BTCtreasuries
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 5, 2022
    1/ The LFG has acquired an additional 37,863 Bitcoins totaling ~$1.5 billion in OTC swaps with @GenesisTrading and 3AC.
    user avatar
    CNBC
    @CNBC
    May 5, 2022
    Luna Foundation Guard bolsters stablecoin reserve by raising $1.5 billion in bitcoin cnb.cx/39u26We
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Mar 15, 2022
    LFG Council has voted to burn another 4M luna to mint roughly 372M ust, which will be used to acquire exogenous collateral. Once this burn is completed, LFG’s non-luna reserves will roughly sit at a value of $2.2B, as well as 8M Luna remaining for future growth. LFG $Luna $ust
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Feb 22, 2022
    A decentralized economy needs decentralized money. #LFG🌕🟠
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Mar 9, 2022
    Due to such a high demand for $ust , the curve pool is unbalanced again… LFG council members just voted on burning the 4.2m $luna left in LFG treasury. #LUNAtics
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 9, 2022
    Below is the new LFG $BTC wallet address: blockchain.com/btc/address/bc… Last clip withdrawn by the LFG was ~37K BTC. Similar to the last deployment, it has been loaned to MMs. Very little of the recent clip has been spent but is currently being used to buy $UST. Updates coming.
    blockchain.com
    Address: bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q
    The most popular and trusted block explorer and crypto transaction search engine.
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Apr 7, 2022
    Welcoming $AVAX as the second major layer one crypto asset next to $BTC as part of the $UST Reserve. The inclusion of @avalancheavax's native token marks the start of a diverse pool of layer one crypto assets helping support the $UST peg. It's only just the beginning frens.
    user avatar
    Bloomberg
    @business
    Apr 7, 2022
    After an ambitious promise to eventually buy $10 billion Bitcoin to back UST stablecoin, Terra is adding Avalanche to its UST reserve trib.al/w4VVXxC
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    Mar 5, 2022
    Due to the high demand in UST, the maximum amount is being minted by the protocol everyday. As a result, people have turned to the curve pool to get their UST, which has caused the curve pool to become unbalanced.
  • user avatar
    LFG | Luna Foundation Guard
    @LFG_org
    May 16, 2022
    Replying to @LFG_org
    9/ All assets will be returned to wallets tagged in dashboard.lfg.org shortly - the $LUNA previously staked is unbonding, and will be returned in 20 days.