Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution

Name: Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
Uploaded: 2022-05-12T19:05:30Z
Duration: 6 min 414 s
Description: As algorithmic stablecoin UST and luna (LUNA) continue to fall precipitously, Terra has proposed to burn UST and increase the available pool of luna as a solution to the crisis. “The Hash” team discusses the plan and whether or not it could save Terra from total collapse.

May 12, 2022

As algorithmic stablecoin UST and luna (LUNA) continue to fall precipitously, Terra has proposed to burn UST and increase the available pool of luna as a solution to the crisis.

Up Next

04:48

Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits

Oct 6, 2022

10:12

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise.

Oct 7, 2022

Bitcoin Slips to $42K From Last Week's Yearly High; Ledger CEO on Future of Hardware Wallets

40:07

The last regression video of the year 3.67.0

Dec 12, 2023

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

01:28

Video regression for 3.54.0 release [no, no]

Jun 16, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.