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Terra's co-founder Do Kwon has insisted a recovery plan for UST will soon be announced, as the stablecoin's violent depeg from the U.S. dollar continues. The embattled executive has LUNA has lost 97.7 percent of its value in the past week to now trade at $1.96, with UST sinking further from its $1 peg to hit $0.45 at press time. Do Kwon, the Terra Do Kwon presenta el plan de recuperación de Luna: El miedo espoleó el mercado cuando LUNA recibió un gran golpe. Desde $ 34,38, la altcoin cayó a un After an 18-hour wait in which Terra's LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be a rescue plan for the Terra Do Kwon has proposed some remedial measures to aid UST’s peg mechanism. According to the UST backer, an increase in basepool and a decrease in Do Kwon, CEO of Terraform Labs, proposed a possible “solution” to the enormous crash that LUNA and UST suffered over the previous few days. TerraUSD (UST), a Do Kwon, the founder of Terra, has outlined a roadmap to recover the project’s ecosystem after LUNA crashed 99% from its all-time high to below $1 and TerraUSD (UST) fell out of its USD Last night, Kwon announced a “recovery plan.” The community grew impatient as Kwon stayed mum for hours while Terra’s native assets were close to demise. Kwon finally broke his silence through a Twitter thread.

UST Stumbles to $0.45 as Do Kwon Unveils Recovery Plan: Will it Work?

Terra\'s co-founder, Do Kwon, has insisted a recovery plan for UST will soon be announced, as the stablecoin\'s violent depeg from the U.S. dollar continues. The embattled executive faces immense pressure as the crypto market grapples with the fallout. The price of UST currently sits at $0.45 at press time, a stark reminder of its intended $1 peg.

Last night, Kwon announced a "recovery plan" through a Twitter thread, breaking his silence after hours of community impatience. The plan aims to address the crisis that has seen LUNA has lost 97.7 percent of its value in the past week, plummeting to around $1.96. The future of both UST and LUNA hangs in the balance. Do Kwon, CEO of Terraform Labs, proposed a possible “solution” to the enormous crash that LUNA and UST suffered over the previous few days.

What\'s in Do Kwon\'s Recovery Plan for UST and LUNA?

After an 18-hour wait in which Terra\'s LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be a rescue plan for the Terra ecosystem. Do Kwon has proposed some remedial measures to aid UST’s peg mechanism, including an increase in basepool and a decrease in. The specifics of the recovery plan remain a subject of intense scrutiny and debate within the crypto community.

Do Kwon, the founder of Terra, has outlined a roadmap to recover the project’s ecosystem after LUNA crashed 99% from its all-time high to below $1 and TerraUSD (UST) fell out of its USD. TerraUSD (UST), a, has seen its market capitalization decimated. Do Kwon, the Terra Do Kwon presenta el plan de recuperación de Luna: El miedo espoleó el mercado cuando LUNA recibió un gran golpe. Desde $ 34,38, la altcoin cayó a un.

Can Do Kwon Save UST and LUNA?

The question on everyone\'s mind is whether Do Kwon\'s plan can effectively restore UST\'s peg and revitalize the LUNA ecosystem. The road to recovery is undoubtedly challenging, and the market\'s reaction to the plan will be crucial in determining its success. We will continue to update this story as more details emerge.

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