Terra's new strategy has over $ 139 million USDT and LUNA for the main DeFi.

2022-1-7 09:48
share to
Scan QR code with WeChat

On January 7, the decentralized issuer of Stabilitycoin Terra expanded its cross-chain Stabilitycoin UST into five major DeFi companies: Ethereum, Polygon and Solana, raising more than $ 139 million in UST and LUNA. The app has been announced. The Terra research article "UST Goes Interchain: Degen Strats Part 3", published Jan.6, discusses how to spend UST $ 139 million and the LUNA still profitable to use, and which platform will be used if the previous agreement is clear. stomach. In each application, Terra will invest between $ 250,000 and $ 50 million in UST to improve the safety of each new project. The main goal is "to bring UST using a good box for Ethereum DeFi". Participants will vote on the proposal later. (Co-manager)

Next:
Mozilla: Temporarily rejects donations to the Mozilla Foundation via the BitPay platform.
According to the January 7 news, Mozilla has joined the list of companies and groups that have abandoned cryptocurrencies after a heavy recovery from users. Mozilla announced Thursday that it will temporarily halt donations to the Mozilla Foundation through its BitPay platform. The Mozilla Foundation and its partner Mozilla develop the Firefox browser. Mozilla tweeted on Twitter last week asking for free use of cryptocurrencies, sparking outrage in the open community. Jamie Zawinski, co-founder of Mozilla, Netscape and several other major internet technologies, said: “Anyone involved in this project should be working with the world-burning Ponzi scammer. I am very ashamed of his decision.
2022-1-7 09:34