Avalanche Foundation seeks court approval to repurchase AVAX from Terra’s Luna Foundation Guard

Avalanche Foundation has agreed with Luna Foundation Guard (LFG) to buy back all AVAX tokens it sold to LFG in April 2022 as part of the cooperation efforts between the two projects and to improve the foundation’s liquidity. According to the post on X, the repurchase plan is now awaiting court approval. If it goes

Source: Cryptopolitan