Discover and read the best of Twitter Threads about #TeFi
Most recents (9)
1/ Terra DeFi just got an U P G R A D E ⏫️
We're thrilled to announce that Warp Protocol is now LIVE on Terra's Phoenix-1 mainnet! 🎉
beta.warp.money
Details on Warp, new feature additions, safety and security enhancements, and helpful guides to get started 👇
We're thrilled to announce that Warp Protocol is now LIVE on Terra's Phoenix-1 mainnet! 🎉
beta.warp.money
Details on Warp, new feature additions, safety and security enhancements, and helpful guides to get started 👇
2/ What is Warp Protocol, and how does it work? 🤔
Warp is the decentralized automation layer for the #TeFi ecosystem, enabling Terra protocols and users to queue transactions to be executed automatically in the future based on any available on-chain data.
Warp is the decentralized automation layer for the #TeFi ecosystem, enabling Terra protocols and users to queue transactions to be executed automatically in the future based on any available on-chain data.
3/ The transactions are called jobs, and the circumstances under which they become executable are called conditions.
When conditions are met, a job can be executed by anyone in the community in exchange for that job’s $LUNA reward.
Example:
When conditions are met, a job can be executed by anyone in the community in exchange for that job’s $LUNA reward.
Example:
1/ At Orion Money, we’re building the first cross-chain stablecoin bank. That’s why we’ve built our core products of the likes of Saver and APY levels on chains like @ethereum and @polygon and brought $ORION to @ethereum, @polygon, and @binancesmartchain.
2/ However, everyone in the community knows @orion_money's team are #LUNAtics at heart. And over the last 12 months, the support of the Terra community has been overwhelming — this love can be felt, and seen around every corner of #CryptoTwitter.
3/ When we see blue-chip Terra NFT projects like @hero_NFT @lunabulls @TerraBots (and more!) embed our dearest Orion Money logo into their artwork, we’re glad we’ve made a dent in the community, and we’re now an integral part of the Terra culture.
1/n Issue
For a lending platform such as @anchor_protocol, increasing amount of deposits into protocol is a important factor.
The main purpose is to help Anchor have a stable amount of $UST to serve the loans.
In thread below, we'll talk about how #TeFi helped Anchor does this.
For a lending platform such as @anchor_protocol, increasing amount of deposits into protocol is a important factor.
The main purpose is to help Anchor have a stable amount of $UST to serve the loans.
In thread below, we'll talk about how #TeFi helped Anchor does this.
@anchor_protocol 2/n Projects that impacts on Anchor
Can you remember the last hackathon on #Terra - #Spacecamp? That's when the contest found projects to help Anchor solve this problem.
They include: @orion_money, @ApolloDAO, @angelprotocol,...
Can you remember the last hackathon on #Terra - #Spacecamp? That's when the contest found projects to help Anchor solve this problem.
They include: @orion_money, @ApolloDAO, @angelprotocol,...
Let's take a look at one of my favourite upcoming @terra_money projects. @Levana_protocol 🧵
The Levana protocol is designed to create leveraged products. As we all know, leverage is a very popular tool in crypto. Levana aims to create leveraged products for any asset
The Levana protocol is designed to create leveraged products. As we all know, leverage is a very popular tool in crypto. Levana aims to create leveraged products for any asset
Levana creates these products through the use of a "Leverage Capsule". Which works as follows:
LUNA is deposited into @mars_protocol for maLUNA
maLUNA is used as collateral to borrow UST and buy LUNA
Process is repeated until desired leverage is reached
LUNA is deposited into @mars_protocol for maLUNA
maLUNA is used as collateral to borrow UST and buy LUNA
Process is repeated until desired leverage is reached
To prevent liquidations, the "Leverage Capsule" automatically rebalances the pools to prevent any liquidations. This allows users to take on leveraged positions without needing to continually maintain their position. Also, transaction costs are shared between users in the pool.
1/ We all know #TerraAutumn is coming after #Columbus5 launches later this month. But what if I told you it is starting sooner than you think? @ApolloDAO is about to launch and due to the unique method of their token distribution they don't need to wait for col5! #LUNAtics 👇
2/ @ApolloDAO will launch as an auto-compounder for your #tefi LPs. So you can put your ANC/UST, MINE/UST, MIR/UST or mAsset/UST farms in there. You'll be rewarded with both Apollo tokens, as well as compounding your APR and growing your LPs faster than ever! 👇
3/ What @ApolloDAO brings to the table that is very unique is their Warchest. At launch, 99% of the fees generated by the protocol will go into a Warchest. 1% will go to @angelprotocol charity vaults (👏👏). But what benefits does the Warchest bring to the $Apollo token? 👇
#Lunatics - there is a tsunami of new projects/integrations in the #terra ecosystem @ terra.smartstake.io/projects. Notable changes:
#TerraNFT lots of new projects (probably missing few)
➕@galactic_punks - first frontier of NFTs on Terra
➕@StardustMarkets - NFT marketplace
🧵
#TerraNFT lots of new projects (probably missing few)
➕@galactic_punks - first frontier of NFTs on Terra
➕@StardustMarkets - NFT marketplace
🧵
#TerraNFT ...
➕@TalesofTerra - Treasure the moments that make Terra. Collectable NFTs coming soon to @ProtocolTalis
➕@ForgeProtocol - NFTs Reimagined On Terra
➕@DerbyStars_HQ - Does Terra have an NFT game yet? Get ready and saddle up!
➕@TalesofTerra - Treasure the moments that make Terra. Collectable NFTs coming soon to @ProtocolTalis
➕@ForgeProtocol - NFTs Reimagined On Terra
➕@DerbyStars_HQ - Does Terra have an NFT game yet? Get ready and saddle up!
#TerraNFT ...
@spaceloot_nft - starship-themed randomized loot
@OnePlanet_NFT - easiest way to trade & create #NFTs
@SudeshaNFT - nft collectibles
@weNFT_ - NFT's for the community
@ProtocolTalis & @StardustMarkets get own tags on terra.smartstake.io/projects (advise of changes)
@spaceloot_nft - starship-themed randomized loot
@OnePlanet_NFT - easiest way to trade & create #NFTs
@SudeshaNFT - nft collectibles
@weNFT_ - NFT's for the community
@ProtocolTalis & @StardustMarkets get own tags on terra.smartstake.io/projects (advise of changes)
So how does liquidation-free leverage work? 🤔
PRISM will start by distilling $LUNA into two discrete assets: principal token (PT) and yield token (YT). PT will trade at a discount to $LUNA as long as YT has a positive value (and it will) with staking returns and airdrops.
👇
PRISM will start by distilling $LUNA into two discrete assets: principal token (PT) and yield token (YT). PT will trade at a discount to $LUNA as long as YT has a positive value (and it will) with staking returns and airdrops.
👇
So imagine being able to buy $pLUNA at a 25-30% discount to $LUNA by forgoing future staking yield. A strategy apt for degens and chads/chadesses who want to maximize their principal exposure to the moon 🌖
By deconstructing assets into their attendant principal and yield components, PRISM creates new liquid markets to form around these elements 🧑🔬
Soon, you'll be able to simply pledge your $LUNA and receive one lump-sum $UST payment to monetize its future staking yields 💸
👇
Soon, you'll be able to simply pledge your $LUNA and receive one lump-sum $UST payment to monetize its future staking yields 💸
👇
1/ Introducing the latest issue of Terra’s Project Spotlight, a special edition covering our valued partner network and one of the most fascinating application-specific blockchains in the Cosmos ecosystem -- @SecretNetwork!
medium.com/terra-money/pr…
medium.com/terra-money/pr…
2/ Secret is built on the Cosmos SDK and Tendermint, and is the only permissionless smart contracts platform to offer “privacy by default.” Secret Contracts allow queries from other application-specific chains in Cosmos to verify data integrity without sacrificing privacy.
3/ Known as “computational privacy,” Secret enables applications on the network to utilize encrypted data on the network without ever exposing the data itself -- even to network nodes. This supersedes the “transactional privacy” of most privacy-oriented public blockchains.
Some people have asked why $LUNA crashed so hard and recovered slowly in the last 30 hours. Valid question. @terra_money has the most enthusiastic support in CT. That's great, but we need to keep our enthusiasm grounded in reality. 1/12
The @terra_money use case needs no additional hopium. IMO this crash dashed some unrealistic assertions, none of which originated with core team: /2
1. $LUNA is not "bear proof". IMO it's true that it's countercyclical and will be long-term bear resistant due to its design and use case, but that doesn't mean it's "crypto crash proof". Any known market asset price will be ... /3
