$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects By Cointelegraph

$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

CryptocurrencyJan 07, 2022 10:00PM ET

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$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin across five projects on Ethereum, Polygon and Solana.

Terra Research’s Thursday post “UST Goes Interchain: Degen Strats Part Three” provides details about how $139 million of UST and Terra’s native stablecoin, LUNA, would be utilized and on what platforms if the proposal is passed.

Continue Reading on Coin Telegraph

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