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
Category
Reserve change
Subtype
Reserve Intervention Context
Status effect
Collapsed or failed
Recovery
Not recoveredNot yet recorded
Evidence
1 source record1 relations

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.
Date2022-05-09
Public event categoryReserve change
Canonical event subtypeReserve Intervention Context
Structured detail kindReserve Change
Stablecoin subjectsTerraUSD
Organization subjectsTerraform Labs
ImpactCritical
Effect on stablecoin lifecycleCollapsed or failed
Canonical status-effect valueFailed Context
Recovery or reversalNot recovered
Recovery dateNot yet recorded
Cause or mechanismLuna Foundation Guard reserve intervention context during the UST collapse.
Structured detail coverageStructured fields available below
Record confidenceMedium
Date
2022-05-09
Public category
Reserve change
Canonical subtype
Reserve Intervention Context
Structured detail kind
Reserve Change
Impact
Critical
Status effect
Collapsed or failed
Recovery
Not recovered
Recovery date
Not yet recorded
Cause or mechanism
Luna Foundation Guard reserve intervention context during the UST collapse.
Record confidence
Medium

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.
Stablecoin subject

TerraUSD

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Organization subject

Terraform Labs

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Typed record

Structured detail

Event-type-specific facts remain visible with explicit value states.
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

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