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Bitcoin.com 2021-11-13 09:30:35

Terra to Burn $4.5 Billion Worth of LUNA From Community Pool

Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 133 and 134, the LUNA will be burned and swapped for the native stablecoin of the chain, UST. This burn is expected […]

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