Terra LFG

    LFG mission was to build a promote a decentralized economy with the primary focus on Terra and its stablecoins primarily UST. Unlike collateralized stablecoins like USDT or USDC, UST maintain its peg through arbitrage incentives and open market operations which run the risk of depeg during extreme market conditions. To protect UST peg in these extreme conditions, LFG is establishing a decentralized UST Reserve Protocol. This reserve will act as a backstop for UST by swapping UST for other non-correlated assets like BTC in an event UST deviates from its peg.