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Nalezeno "Governance": 761

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols


On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...

Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero


Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s dollar-pegged stablecoin, and MIM, another collateralized stablecoin, were “solid...

AscendEX Lists Sidus Heroes Token, SIDUS


PRESS RELEASE. AscendEX is thrilled to announce the listing of the Sidus utility token, SIDUS, and the SENATE governance token under the trading pairs SIDUS/USDT and SENATE/USDT starting on Dec. 29 at 2 p.m. UTC. Sidus Heroes is a space themed, play-to-earn massively multiplayer online role-playing...

UST Gets Listed on Binance and Huobi, Propelling Terra to $100


UST, the main stablecoin of the Terra project, is being integrated into Binance and Huobi, two leading exchanges by trading volume, expanding the options that users have to trade the stablecoin. After these announcements, The price of LUNA, the governance asset of the Terra project, broke...

Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted


The recent movements in the treasury of Terra, a decentralized financial payment network, which is now burning more than $4 billion worth of LUNA due to a governance proposal, have seemingly made the price of the asset rise to all-time high (ATH) levels. This rise has been also accompanied by...

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...

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