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, and contribute this paper to the Libra Association
These validators also form the membership of the Libra Association, which will provide a framework for the governance of the network and the reserve that backs the coin.
Section 9 shows how we use the Move language to implement the low- volatility, reserve-backed Libra coin and a validator management system that mirrors the governance of the Libra Association.
The reserve is managed by the Libra Association (see Section 9.2), which has published a detailed report on the reserve's operations [4].
Another unique aspect of governance in the Libra ecosystem is that the validators form a real-world entity, the not-for-profit Libra Association, which is managed by a council of validators.
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