LFG sold $1B in LUNA tokens, the governance token of the Terra blockchain, to Jump Crypto , Three Arrows Capital , DeFiance Capital and other investors.
LFG was announced in January, and is a non-profit foundation dedicated to advancing “greater economic sovereignty, security, and sustainability of open-source software and applications that help build and promote a truly decentralized economy.” It provides grants in the areas of open source development, community growth and research and development.
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