Luna Foundation Guard to Enhance Security with Treasury Assets Self-Custody

Luna Foundation Guard to Enhance Security with Treasury Assets Self-Custody

The Luna Foundation Guard (LFG) has announced plans to bolster the security of its treasury assets by moving them into self-custody within the coming days. This move is aimed at safeguarding LFG funds and increasing transparency through the implementation of a treasury dashboard. "We are committed to the highest levels of security for LFG treasury funds," said a LFG spokesperson. "By bringing our assets under self-custody, we can mitigate potential risks and enhance the overall resilience of the foundation." The LFG treasury dashboard will provide real-time insights into the foundation's financial operations. This transparency measure will allow the community to monitor the movement and allocation of assets, ensuring accountability and trust. The decision to move to self-custody reflects LFG's commitment to adhering to best practices in the industry and protecting the interests of its stakeholders. By taking control of its own assets, LFG aims to safeguard against potential hacks or unauthorized access. This move is a significant step for LFG and aligns with the growing trend towards self-custody in the cryptocurrency space. As the industry matures, entities are increasingly recognizing the importance of taking responsibility for the security of their own assets. LFG's decision to enhance its security measures is a positive development for the Luna ecosystem and the broader cryptocurrency industry. By embracing self-custody and transparency, LFG is demonstrating its commitment to building a secure and sustainable foundation for the future.