Public blockchain Terra (LUNA) is buying $100 million worth of Avalanche (AVAX) tokens to boost its Terra USD (UST) stablecoin reserves. Terra says that the agreement between Luna Foundation Guard (LFG), the non-profit organization built to support Terra, and the Avalanche Foundation for the over-the-counter sale of AVAX will make the crypto asset the second […]

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The post Terra (LUNA) Acquiring $100,000,000 of Top Ethereum Competitor After Selecting Bitcoin As Primary Reserve Asset appeared first on The Daily Hodl.
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