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May 8

Introducing Multi-Chain UST-as-a-Service

Over the past few months, UST’s market cap has seen explosive growth, moving to 18.7B. Terra’s governance proposal 721 recently stated “UST interchain expansion must continue to new realms” and “the Terra community pool should enact [UST-aaS with Ondo] to further utility.” On March 29, the Terra community approved the proposal, which included other partnership suggestions, with 97% positive votes. Terra have subsequently allocated 20M UST to UST-aaS and will not have to return to governance u...
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