Luna Foundation Guard ‘Is Not Trying to Exit Its Bitcoin Position’, Says Terra’s Do Kwon

The outspoken founder of Terraform Labs, Do Kwon, as said the Luna foundation Guard (LFG), a non-profit mandated to build reserves for Terra’s algorithmic stablecoin UST, is “not trying to exit its bitcoin position” after the organization loaned $1.5 billion in BTC and UST. According to a Twitter thread Do Kwon published after the LFG Council “voted […]