LFG | Luna Foundation Guard

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@LFG_org

The Luna Foundation Guard (LFG) is dedicated to economic sovereignty, security, and open-source software that helps build a truly decentralized economy.

Republic of Singapore lfg.org Joined February 2022

0 Following 120K Followers 83 Posts

Latest posts 5

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LFG | Luna Foundation Guard @LFG_org Nov 16, 2022

1/ Today, LFG releases the technical audit report conducted by JS Held, an experienced third-party auditing firm, providing full transparency into the trading, blockchain records, and efforts of LFG and TFL to defend the price of TerraUSD ($UST) between May 8th & May 12th, 2022.

LFG | Luna Foundation Guard @LFG_org Jun 25, 2024

1/ To improve the security of LFG funds, @LFG_org recently moved assets to a robust direct custody solution.

The LFG Reserves Dashboard is maintained using the addresses below ⤵️

LFG | Luna Foundation Guard @LFG_org May 28, 2024

1/ To enhance security of LFG funds, @LFG_org is set to transition assets held in LFG multi-sig wallets to a robust direct custody solution in the coming days.

LFG | Luna Foundation Guard @LFG_org Oct 7, 2022

1/ Since $UST’s depeg in May, there has been understandable interest in LFG’s assets and how they will be distributed. As mentioned, our goal is to distribute LFG’s remaining assets to those impacted by the depeg, smallest holders first.

LFG | Luna Foundation Guard Verified account @LFG_org May 16, 2022

10/ The Foundation is looking to use its remaining assets to compensate remaining users of $UST, smallest holders first.

We are still debating through various distribution methods, updates to follow soon.
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LFG | Luna Foundation Guard @LFG_org Sep 27, 2022

The LFG treasury’s $BTC wallet is:

bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q

LFG hasn’t created any new wallets or moved $BTC or other tokens held by LFG since May 2022.

@CoinDesk @iamsandali @cryptoquant_com

CoinDesk Verified account @CoinDesk Sep 27, 2022

South Korean authorities have reportedly requested crypto exchanges @okx and @kucoincom to freeze around $67 million in bitcoin tied to Terra co-founder Do Kwon.

By @iamsandali

trib.al/WlvkTJs
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