The Luna Foundation Guard (LFG) is dedicated to economic sovereignty, security, and open-source software that helps build a truly decentralized economy.
Republic of Singapore
Joined February 2022
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1/ Today, LFG releases the technical audit report conducted by JS Held, an experienced third-party auditing firm, providing full transparency into the trading, blockchain records, and efforts of LFG and TFL to defend the price of TerraUSD ($UST) between May 8th & May 12th, 2022.
1/ To improve the security of LFG funds, @LFG_org recently moved assets to a robust direct custody solution.
The LFG Reserves Dashboard is maintained using the addresses below ⤵️
3/ Avalanche & Binance Smart Chain: 0x13463Aab3ECcE77Cfd8Cc28fA498a5F9DB242e27
Ethereum Mainnet: 0xAd41BD1cf3Fd753017Ef5c0da8dF31A3074EA1Ea
4/4 LFG funds remain trackable on the LFG Reserves dashboard for continued transparency and traceability: lookerstudio.google.com/u/0/…
1/ To enhance security of LFG funds, @LFG_org is set to transition assets held in LFG multi-sig wallets to a robust direct custody solution in the coming days.
2/ Assets in the following LFG wallets will be migrated:
Avalanche: 0x46F9dC7492A0164Eb920eE07979EBbc08a949cE5
BSC: 0x36236fa003Ac2E5371E3264276f82D355180a102
The new wallet address will be 0x13463Aab3ECcE77Cfd8Cc28fA498a5F9DB242e27 for both Avalanche and BSC.
3/3
To maintain transparency and traceability, LFG funds will remain trackable on the LFG Reserves dashboard:
lookerstudio.google.com/u/0/…
12/ While those reserves were unfortunately insufficient to defend against extreme market volatility and eventually led to $UST depegging, LFG lived up to its mandate fully to do everything within its resources to prevent that outcome.
