LFG #LUNA Foundation Reserves - AVAX As you may notice, the only reserve that was not spent by the #Terra (Luna) team was their #AVAX savings in the reserves. There is a major reason for this occasion: Staking. The AVAX coins are on staking while the other reserves were liquid. For instance, the team has spent 80,000 #BTC and millions of dollars to keep the peg stable. When the staking is over for AVAX, the team declared that they are ready to buy OTC the coins from LFG. It is worth $60M - $100M these days.
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