UST founder Do Kwon shares plan to save its stablecoin from mass destruction

The past few days have been extremely volatile across the crypto economy, after one of the (what was supposed to be) largest stablecoins, TerraUSD (UST), depegged from its $1 value and fell as much as 70% to 29 cents earlier this morning.
Do Kwon, the founder of Terraform Labs (TFL) — the organization behind UST, cryptocurrency Terra (LUNA) and Luna Foundation Guard (LFG) — shared an update to the situation in a thread of tweets earlier this morning, in hopes of righting the ship.
“I understand the last 72 hours have been extremely tough on all of you — know that I am resolved to w

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