Discover and read the best of Twitter Threads about #Terra_Luna

Most recents (10)

Whatโ€™s dead can never die right? ๐Ÿดโ€โ˜ ๏ธโ˜ ๏ธ

Introducing @BackBone_Labs a new Terra protocol from @Skeleton_Punks with help @PFC_Validator looking to revive DeFi on Terra!

Heres how they will do it๐Ÿงต๐Ÿ‘‡๐Ÿป #Terra #Terra_Luna Image
2.Introducing boneLUNA

โ€ขSwap LUNA for boneLUNA to:
-Autocompound staking rewards
-Use as collateral to borrow a decentralized stablecoin

โ€ข100% of Fees go back to community

-70% incentivize @astroport_fi Luna-boneLUNA
-30% to Skeleton Punks DAO (potentially to stakers)
3.Yes you read that right, 100% of FEES to Community

โ€ขLets say you have 100 staked boneLUNA earning 1LUNA/day in rewards in the Autocompounder

โ€ขBone Labs takes 0.1 LUNA as a fee.

-70% (0.07LUNA) goes to Astroport LP
-30% (0.03LUNA) to SP DAO and potentially SP NFT Stakers
Read 7 tweets
Why do you love $ATOM, IBC and the Cosmos ecosystem?

Here are the top 3 reasons we cannot get enough of Cosmos.


Embrace all tribes, no salty vibes.

It's extremely counterproductive how communities split up in tribes defined by which blockchain you support, especially when blockchains are supposed to be open and transparent.

Cosmos encourages new chains, and shares their success.

Group effort, no cult leader.

No Vilatik $ETH


No Justin $TRX

No Charles $ADA

No Gavin $DOT

No Alex $CEL

Sure Cosmos is founded by Jae and Ethan, but they are not put on a God-like pedestal. Others have picked up and taken the tech to new heights.
Read 5 tweets
Lots of old faces returning to Terra v2 @terra_money and some new ones emerging. So whats changed? What can I do with my $Luna? What should I be excited for in the future?

๐Ÿงต Heres a rundown:
#Luna #Terra_Luna
2/ Stader Labs @staderlabs running on Terra v2!

-Stake your Luna for LunaX to earn Stader token rewards (13% if auto compounding)

-Option to take your Luna X and provide to Luna-Luna X liquidity pools offered on:
3/ Astroport @astroport_fi is back!

-Airdrops going to Astro/xAstro holders (1:1) more details on airdrop in link below

-Liquidity Pools available! These include Luna-LunaX @staderlabs and new liquidity pools with ampLuna from @eris_protocol and USDT and USDC from @axelarcore Image
Read 9 tweets
1 of 12. This thread is targetting information about $LUNA 2.0 and the airdrop coming from genesis.
What are the implications ?
What and when will you receive what?

$UST #Terra_Luna #terraluna #TerraUSD
@OAlsta @Nate_UST @thecontrarycow @terra_money @stablekwon @Orca_Club
2. Letโ€™s base ourselves on the picture of the first post.

Outside of community funds, receiving a share of 25%, the rest will be separate thru 4 categories.
Pre-Attack aUST (100m LUNA)
Pre-Attack LUNA (350m LUNA)
Post-Attack LUNA (100m LUNA)
Post-Attack UST (200m LUNA)
3. Pre-Attack aUST
According to the Prop. 26.72% of aUST are considered. For a total of 3.874G $UST.
Hodlers with more than 500k aUST will be limited to a claim having a valuation of 500k aUST.
None available at genesis.
15% available @ genesis remaining vesting (details to come)
Read 13 tweets
Didn't have time to watch the full episode of The Daily Briefing with @leadlagreport & @AshBennington?

Here's a ๐Ÿงต to get you caught up.

1/8 "Believe me when I say this, the #stockmarket will break #inflation faster than the #Fed."
2/8 The Fed & policy rate normalization ๐Ÿ‘‡

"...No amount of intelligence increases the clarity of one's crystal ball..."
3/8 @leadlagreport on crashes ๐Ÿ‘‡

"When you have so much leverage, the risk is not that the Fed is late to hiking rates. The risk is that the market crashes and they have to then re-lever it up again."
Read 8 tweets
1/๐Ÿงต My $Luna Journey & Why I am Upset/Disappointed
Many are mad at/disappointed in #DoKwon #Terra_Luna #LFG , #influencers etc. I am NOT. I am upset w/Myself bc I know better. This isn't my first rodeo.
2/ Some may feel a couple of my comments to be a little harsh but I hope you see the balance in my assessment should you read the entire thing. I will address 5 Red Flags I ignored & Humbly give some suggestions for the future based on what I've learned from others & myself
1) How this could've even realistically worked w/the US Gov
2)Echo-chamber in the community
3) Over-leveraging strategies/Number go up
4) Do's actions/comments
5) The community's reactions to Do's behavior/comments & the unwavering idol worship
Read 34 tweets
.@stablekwon has proposed to fork #Terra_Luna blockchain. This is a momentous decision.

Before voting on it, let's first look at 2 notable blockchain forks. Why we needed those forks, who proposed them, and how it ended.

Let's dive in. ๐Ÿ‘‡ 1/n
1. The infamous DAO hack.

In 2016, a group of @ethereum users launched a DAO- an investment fund that allowed members to vote on and fund future Ethereum-related projects. They raised more than $160 million worth of #ETH from about 11k investors.

Then came the hackers. ๐Ÿฅฒ 2/n
They found a bug in the smart contract and siphoned 3.6mil ether from the fund.

Think of smart contracts as vending machines. Pop in a dollar, pick the drink and it should dispense it. A vulnerability is akin to getting a free drink without paying.

The community responded. 3/n
Read 14 tweets
ื˜ื•ื‘, ืื‘ืœ ืื ื›ื‘ืจ ืœื•ื ื”, ืื– ื™ืืœืœื”: ืกื™ื›ื•ื ืงื˜ืŸ (ืืš ืœื ืงืฆืจ), ืขืœ ืื™ืš ื”ืชืื“ื• ืœื”ื ื™ื•ืชืจ ืž-40 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ:
1. ืงื•ื“ื ื›ืœ, ื›ื“ื™ ืœื”ื‘ื™ืŸ ืืช ืœื•ื ื”, ืื ื—ื ื• ื‘ืขืฆื ืฆืจื™ื›ื™ื ืœื”ื‘ื™ืŸ ืžื”ื• Stablecoin. ืกื˜ื™ื™ื‘ืœืงื•ื™ื ืก, ืื• ื‘ืขื‘ืจื™ืช, ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื, ื”ื ืžื˜ื‘ืขื•ืช ืฉืขืจื›ื ืฆืžื•ื“ ืœืขืจืš ืžื˜ื‘ืข ืจื’ื™ืœ ื›ืœืฉื”ื• - ื“ื•ืœืจ, ืื™ืจื• ื•ื›ื•'.

ืกื˜ื™ื™ื‘ืœืงื•ื™ื ืก ืžืชื—ืœืงื™ื ืœืฉื ื™ ืกื•ื’ื™ื ืขื™ืงืจื™ื™ื:
1. ืกื˜ื™ื™ื‘ืœืงื•ื™ื ืก ืžื’ื•ื‘ื™ ืคื™ืื˜ (ืžื’ื•ื‘ื™ ื›ืกืฃ ืจื’ื™ืœ) - ื›ืฉืžื ื›ืŸ ื”ื. ืืœื” ื˜ื•ืงื ื™ื, ืžื˜ื‘ืขื•ืช ืงืจื™ืคื˜ื• ืฉืงื™ื™ืžื™ื ืขืœ ืฉืœืœ ืจืฉืชื•ืช ื‘ืœื•ืงืฆ'ื™ื™ืŸ, ืฉืขืœ ื›ืœ ื˜ื•ืงืŸ ืืžื•ืจ ืœื”ื™ื•ืช ื“ื•ืœืจ/ื™ื•ืจื•/ื•ื›ื•' ืื—ื“ ื‘ื—ืฉื‘ื•ืŸ ื”ื‘ื ืง ืฉืœ ื”ื—ื‘ืจื” ื”ืžื ืคื™ืงื”.
ื”ืกื˜ื™ื™ื‘ืœืงื•ื™ื ืก ื”ื’ื“ื•ืœื™ื ื‘ื™ื•ืชืจ ื”ื ืžื”ืกื•ื’ ื”ื–ื” - USDT ื•-USDC (ืื‘ืœ ื‘ื•ืื• ื ื’ื™ื“ ืฉ-USDC ื”ื•ื ื”ืืžื™ืŸ ื™ื•ืชืจ).
Read 26 tweets
My personal reflections on the $Luna $UST collapse.

This is a post-mortem from the perspective of a retail pleb from crypto class of 2021 during arguably the most hellish week of crypto history๐ŸŒ‘


#Luna #UST #Terra #Crypto #Cryptocurrency
I considered myself a relatively conservative investor. I had exposure to $Luna and $UST but knowing the risks of algo stablecoins, I made it a daily routine to check the important indicators:

1. Anchor deposits and yield reserve ๐Ÿฆ
2. Top aUST wallets ๐Ÿ›…
3. Curve pools ๐Ÿšฐ

All the signs were there:

1.Anchorโ€™s UST deposits started decreasing since 8 May and accelerating.

2.A top UST holder has been sending UST to CEXs aggressively.

3.The % of UST in Curve pools has been increasing, means less liquidity for exit out of UST.

Read 28 tweets
We spent the last year figuring out what algorithmic stablecoins are and came up with a dynamic model that might help us understand whatโ€™s going on with #Terra_Luna . Here are our main takeaways. THREAD.
So whatโ€™s an algorithmic stablecoin? Fundamentally the idea is simple: you maintain a peg by dynamically adjusting stablecoin supply to match the demand so that the price doesnโ€™t change.
How is that possible? Creating more stablecoins to accommodate a positive demand shock is easy: you launch the printing press. The problem comes from removing stablecoins in buy-back operations because you need to give something in exchange.
Read 15 tweets

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