What’s left in Luna’s spare purse?

The Luna saga continues.in twitter Wirethe team behind Failed Algorithmic Stablecoin UST and token Luna Share exactly how much Bitcoin and crypto assets they dispose of.

Luna Foundation Guards (LFG) also shared Promises to “compensate the remaining users of UST, first of all the smallest holders” with the remaining assets.

In total, 80,081 Bitcoin (Bitcoin) or 99.61% of the bitcoins guarded by LFG have withdrawn from the fund.group comfirmed Sold “$33,206 BTC for a total of $1,164,018,521 UST” in one tweet. The remaining 47,188 BTC was not counted, while 313 BTC remained.

Interestingly, LFG has not sold a single Binance Coin (BNB) or avalanche (AVAX), holding approximately 40,000 and 2,000,000 of each token, respectively.

The chart below clearly shows the remaining tokens in the LFG reserve:

The reason for disposing and selling cryptocurrencies in the LFG reserve is to support the health of the Terra ecosystem:

The counterparty used by the group has not been named. Cointelegraph experts have compiled a Terra Ecosystem Implosion Analysis, questioning the “long-term viability of algorithmic stablecoins.” The current composition of landfill gas reserves is as follows:

LFG Reserve Balance Details. Source: https://dashboard.lfg.org/

Simultaneously, Staking Crypto Enthusiasts LUNA tokens should see LUNA back in their wallets within the next 20 days. However, its value will decrease: the price of LUNA has fallen by more than 99% since its high and is currently at $0.0002.

related: LUNA’s debacle sparks crypto community theories and things to tell you

The once $50 billion ecosystem now has a total reserve balance of $82 million, prompting popular crypto influencer Cobie simply Reply to the post with “Bruh”.