Terra Luna’s ‘lunatics’ have had their sights set on a multi-part announcement that is set to unveil, and this week the first piece of the puzzle has come to life.<\/p>\n
This week, Terra announced the formation of a new non-profit organization, the Luna Foundation Guard (LFG), that is “dedicated to supporting the advancement of open-source technology, facilitating the growth of the Terra ecosystem, and improving the sustainability and stability of Terra\u2019s algorithmic stablecoins.”<\/p>\n
Terra has launched a dedicated landing page, lfg.org<\/a>, outlining the team, mission, and funding & grants around LFG. The new non-profit will emphasize a number of major pillars that they see as core in advancing the ecosystem.<\/p>\n Founder and CEO of Terraform Labs, Do Kwon, also released a recent tweet thread highlighting the major pillars behind LFG:<\/p>\n 1\/ <\/p>\n 1 out of 3 \ud83d\udc8e https:\/\/t.co\/PcxKtGhpeT<\/a> is born:<\/p>\n – a non-profit foundation — Do Kwon \ud83c\udf15 (@stablekwon) January 20, 2022<\/a><\/p><\/blockquote>\n\n
– governed by top builders in @terra_money<\/a> eco
– dedicated to $UST<\/a> stability and adoption
– decentralizing core teams behind @terra_money<\/a> https:\/\/t.co\/p6PkN4cWE0<\/a><\/p>\n