The Terra community on Tuesday night passed a popular proposal to burn about 88.7 million terra (LUNA) tokens, worth roughly $4.5 billion at current prices, and mint about four million to five million UST stablecoins, a decision that should further boost the Terra project, according to analysts.
Related posts
-
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
Curve Finance is evaluating a proposal to reduce its... -
SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe... -
Experts Hint a Mega Price Rally For Solana and GoodEgg Two Highly Anticipated Cryptos Set to Explode
Este artículo también está disponible en español. The cryptocurrency market is heating up as experts predict...