Discover and read the best of Twitter Threads about #TerraClassic

Most recents (4)

For those interested in #Ziggy whitepapers, please see the quote tweet below.

I will go down both and explain each in as much simplified detail as possible. I can produce a litepaper based on reoccurring questions.

This thread will be for 2: Ziggy - A Terra Chain for Creatives.
Before us is an incredible opportunity to solve one of the most important problems for creatives - intellectual property.

While $USTC does need to improve on refining the White Whale algorithm, we also need to inspire Captain Ahabs to come to the foray and set sail. Image
As outlined in Market Module - Demurrage, commodity swaps risk intrinsic "costlessness" - their values are subjectively valued by each party, and often, they are full of compromises.

For the artist, that compromise comes of the form of giving up Intellectual Property (IP). Image
Read 24 tweets


Facciamo un breve #thread "storico"🧵⬇️
1/ Aprile 2022:

Mi sento nostalgico e voglio tornare a quando non esisteva #ChatGPT, gli #UFO erano lontani e @SBF_FTX era solo un trentenne disagiato.

Eravamo tutti long su #TerraClassic mentre @PaxosGlobal pubblicava questo statement su #BUSD:…
2/ Settembre 2022:

Il messaggio di Paxos è rimasto nell'ombra per mesi.

Nel frattempo l'estate ci stava lasciando e #Binance decideva di convertire tutte le #StableCoin (tranne #USDT) in #BUSD….
Read 15 tweets
2022 was the victim of many major #crypto crashes, but three of them stood out the most.

#LUNA\#LUNC | #FTX | #CelticFC

Here's a thread! 🧵👇
2- Let's start off with the infamous #TerraClassic, which saw its token at the time, $LUNA (now known as $LUNC) crash from $86 to under $0.01 in just 48 hours which caused $LUNA holders to lose a total of $60 Billion.
3- What happened? Well, over $2 Billion #TerraUSD $UST was unstaked from #AnchorProtocol and many millions of dollars swiftly became liquidated.

#TerraClassic still exists to this day and their community of #LUNAtics still believe in its future, but do you?
Read 7 tweets
To make exchange holdings easier to understand, below are both their relevant portfolios & associated explanatory statements.

- Binance
- Cryptocom
- KuCoin
- Deribit
- Bitfinex
- Huobi

2/ 📌 Assets/Net Worth shown is the value of the holdings in the wallet addresses provided by the exchanges, on blockchains that we support.

It is not meant to be an exhaustive or complete statement of the actual assets/reserves held by the exchange on behalf of its users.
3/ @binance portfolio:…

Current holdings: $64.3B (removed Binance Bridge pegged tokens, only include their original assets)


Binance statement:… Image
Read 11 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!