Do Kwon’s proposed Terra ‘Revival’ puts UST, LUNA holders, to account


The plan comes as Terra’s terraUSD (UST) stablecoin, which is supposed to be linked to the price of $ 1, “death spiraled” below 15 cents this week – and wiped out over $ 30 billion in value. UST’s sister token, LUNA, which supported the value of the stack coin, has fallen below a penny (LUNA was worth over $ 80 just a week ago).

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