Sources: Luna Foundation Guard aims to raise $1B+ to shore up UST stablecoin, now trading for ~$0.92; one deal being negotiated offers LUNA tokens at 50% off (Frank Chaparro/The Block)

May 10, 2022

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Frank Chaparro / The Block:

Sources: Luna Foundation Guard aims to raise $1B+ to shore up UST stablecoin, now trading for ~$0.92; one deal being negotiated offers LUNA tokens at 50% off  —  Quick Take  — The Luna Foundation Guard has been reaching out to large crypto investors in the hope of raising over $1 billion …



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