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SwissBorg

Siat_fight_Fud 🇨🇭🦄⭕️ 🇨🇭🦄⭕️

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#cryptocurrency #english #swissborg

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08.05.2022

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Gino

PANews May 9, 2012 - Terra founder Do Kwon tweeted that the LFG board just voted to deploy $1.5 billion ($750 million for BTC and $750 million for UST) to ease market concerns around UST. Do Kwon further added to this: First, LFG does not intend to exit its bitcoin positions. Its goal is to allow professional market makers to take control of these funds and buy UST if the price is less than the anchor, or BTC if the price is greater than or equal to the anchor, thus significantly strengthening liquidity around the UST anchor. In previous news, LFG tweeted that the LFG Board of Governors has voted to implement the following measures: 1. Loan $750 million worth of BTC to OTC trading firms to help protect the UST anchor; 2. Loan $750 million of UST to accumulate BTC when market conditions normalize.

0

09.05.2022

Siat_fight_Fud 🇨🇭🦄⭕️ 🇨🇭🦄⭕️ Автор вопроса

Gino
PANews May 9, 2012 - Terra founder Do Kwon tweeted...

Thanks for the infos but that only shows that there are problems otherwise he would not react right?

0

09.05.2022

Top Boi · Accepted Answer

Top Boi

lol, and CHSB is safe? What a joke.

0

09.05.2022

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