Record sog_ev_ust_2022_05_lfg_intervention

Luna Foundation Guard deploys reserves during the UST collapse

Luna Foundation Guard used reserve assets during the UST crisis in an attempt to support the peg. The intervention did not restore UST as a functioning stablecoin.

Date
2022-05-09
Severity
Critical
Type
Reserve Intervention ContextReserve change
Lifecycle effect
Collapsed or failed
Recovery
Not recoveredNot yet recorded
Evidence
1 source record1 relation

Reviewed explanation

What happened

The primary date, severity, type, effect, recovery, and Evidence count are already shown above.

Luna Foundation Guard used reserve assets during the UST crisis in an attempt to support the peg. The intervention did not restore UST as a functioning stablecoin.

Cause or mechanism
Luna Foundation Guard reserve intervention context during the UST collapse.
Structured detail kind
Reserve Change
Record confidence
Medium

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.

Typed record

Structured detail

Only event-type-specific facts are shown here.
Structured event detail
Reserve-change detail — SummaryLuna Foundation Guard reserve intervention context during the UST collapse.
Reserve-change detail — Summary
Luna Foundation Guard reserve intervention context during the UST collapse.

Provenance

Evidence

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.
1 source identity · 2 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Anatomy of a Stablecoin's failure: the Terra-Luna case
Published 2022-07-28
arXivResearch or security report
Canonical: Research Paper
Independent third-party sourceSecondary sourceCollapse AnalysisNo archive recordedMedium

Maintenance

Corrections and further reading

Use the documented correction path and methodology.