Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

Grand Master 2022-04-08 11:04

Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems.

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Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

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