MAR 15, 2022 • 5 Min Read
[Excerpt from our Mar. 14 DAO Insights]
[Excerpt from Delphi Podcast]
LFG Burns 4M LUNA to Acquire Exogenous Collateral
LFG Council has voted to burn another 4M luna to mint roughly 372M ust, which will be used to acquire exogenous collateral. Once this burn is completed, LFG’s non-luna reserves will roughly sit at a value of $2.2B, as well as 8M Luna remaining for future growth.
— LFG | Luna Foundation Guard (@LFG_org) March 15, 2022
LayerZero Beta is Live
— LayerZero Labs (@LayerZero_Labs) March 14, 2022
The wonderland multisig prepared the treasury for the rage quit proposal.
http://wonderland.money has been updated with a new rage quit UI.
Whitelisted participants will be able to redeem their wMEMO against the calculated backing price ($37,135) in $MIM tokens.
— Wonderland.Money (@Wonderland_fi) March 15, 2022