Discover and read the best of Twitter Threads about #Terrastation

Most recents (5)

1/
Many of you are aware of the current problems with #LUNC out of gas failing transactions. Good news first: A solution is in the works! But I want to explain to those who are interested what I researched and what @edk208 was so kind to confirm to me that they suspect similar …
2/
When you make transactions of #LUNC or #USTC to the chain via #TerraStation (and by other means), first there is a simulated transaction done to get the estimated "Gas" that will be consumed by the transaction. The Station then takes this estimation, adds a bit of safety …
3/
… amount to it and then sends the actual transaction.
What now happened is, that the code that calculates the actual tax on-chain, writes the tax spent to a storage for statistics. This can be queried per block, so it is a permanent and increasing storage. Putting anything …
Read 11 tweets
1./ $LUNA is one of the best yielding assets. I honestly don't care about the price. I take profit from the yield I make. Not from selling $LUNA. Partially compounding, partially cashing. $LUNA is my life time passive income.

A thread on how to make $LUNA yield 🧵
2./ In the past year many protocols launched on @terra_money. For almost all projects $LUNA and $UST are the most important assets and especially for $LUNA many of them made a derivative. We have $nLUNA, $bLUNA, $LUNAx and so on... I'll try to cover all of them one by one.
3./ First: $bLUNA

$bLUNA was the first $LUNA use case and still is very popular. Bond your $LUNA, receive $bLUNA use it as collateral and borrow $UST. With this $UST you can do whatever you want. All of this is made possible by @anchor_protocol
Read 27 tweets
Terra ($LUNA) Deep Dive Analysis and Long Term Performance

This is a condensed twitter thread of my full essay altcoinevolution.substack.com/p/terra-luna-d…

Video version:

TL;DR below in 3️⃣ tweets, full🧵 in 75 tweets
i) 2021 was a breakout year for many alt L1s, none more so than Terra which blasted it’s way to second position in Total Value Locked (TVL) of any chain and it’s stable coin UST flipped DAI to take the number 4 spot.
ii) If anything this trend is accelerating in the beginning of this year (recent events excluded) so Terra is definitely something we should be looking at.
Read 81 tweets
1./ At the moment we have $LUNA, $bLUNA, $LUNAx and $nLUNA. $yLUNA and $pLUNA are coming. What are all those different types of $LUNA?

Let's dive into the greatest asset ever existed, $LUNA!

A thread 🧵
2./ $LUNA is the token we all fell in love with. To mint $UST the equivalent dollar amount of $LUNA have to be burned. The more $UST is minted, the less $LUNA is circulating so the more value one $LUNA has.
3./ $LUNA is the basic version of the token, this is the token that's available on exchanges like @binance and @kucoincom. To get access to all those different types of $LUNA you need to send your $LUNA from the exchanges to a #Terrastation wallet.
Read 18 tweets

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