Discover and read the best of Twitter Threads about #terraautumn
Most recents (13)
1/ With #TerraAutumn🍁 here, I'm diving into one of the ecosystem's most promising projects, @mars_protocol
Why am I so excited about Mars?
Mars provides two fundamental improvements to existing defi money markets:
✦ Uncollateralized Lending
✦ Dynamic Interest Rate Model
Why am I so excited about Mars?
Mars provides two fundamental improvements to existing defi money markets:
✦ Uncollateralized Lending
✦ Dynamic Interest Rate Model
2/ Let's take a deep dive into Mars and how it works
TLDR: 🦧🔴
nfa
TLDR: 🦧🔴
nfa
3/ Mars aims to be a decentralized bank controlled by its users and stakeholders
"Mars is a bank of the future: non-custodial, open-source, transparent, algorithmic and community-governed"
"Mars is a bank of the future: non-custodial, open-source, transparent, algorithmic and community-governed"
META-THREAD (Luna / Terra)
A running thread of all information, threads & content relating to the Luna & Terra ecosystem. Have seen alot of buzz around it, perhaps for good reason (esp after Columbus-5). Hope this info is useful👍
Thread🧵👇#Luna #Terra
A running thread of all information, threads & content relating to the Luna & Terra ecosystem. Have seen alot of buzz around it, perhaps for good reason (esp after Columbus-5). Hope this info is useful👍
Thread🧵👇#Luna #Terra
1/
@NicolasFlamelX sets the stage (back in Aug, $LUNA $12+!) for why Luna will🚀moon w democratization of $UST. The algorithm uses arbitrage to ensure a stablecoin peg for UST. To mint new $UST, we need to burn the equivalent in $LUNA... 👀supply
@NicolasFlamelX sets the stage (back in Aug, $LUNA $12+!) for why Luna will🚀moon w democratization of $UST. The algorithm uses arbitrage to ensure a stablecoin peg for UST. To mint new $UST, we need to burn the equivalent in $LUNA... 👀supply
2/
@ZeMariaMacedo breaks down Terra. Hint: it all revolves around ($UST), an algorithmic stablecoin. First step to global usage comes from mutli-chain usage. Then comes the convergence of UST's participation in real-world events. Huge potential here:
@ZeMariaMacedo breaks down Terra. Hint: it all revolves around ($UST), an algorithmic stablecoin. First step to global usage comes from mutli-chain usage. Then comes the convergence of UST's participation in real-world events. Huge potential here:
1/ @LunaBulls @flipsidecrypto Let's talk about our volume on @randomearth_io - another thread about Luna Bulls and our total sales volume!
2/ We talked about the mint a couple days ago - we sold out in roughly 17 minutes during the Public Whitelist sale. Now let's talk about our sales volume! Number of trades, Total LUNA trading hands, big sales, and more!
3/ How much LUNA has traded hands on Random Earth so far? Over 65,000 LUNA in just a few days! Take a look here: velocity-app.flipsidecrypto.com/velocity/visua…
1/ @galactic_punks @flipsidecrypto Let's talk about our volume on @randomearth_io - another thread about Galactic Punks and our total sales volume!
2/ We talked about the wildly successful mint last week - we sold out in roughly 8 minutes during the Public Whitelist sale. Now let's talk about our sales volume! Number of trades, Total LUNA trading hands, big sales, and more!
3/ How much LUNA has traded hands on Random Earth so far? Almost half a million LUNA! Take a look here: velocity-app.flipsidecrypto.com/velocity/visua…
1/ @LunaBulls @flipsidecrypto Similar to my dashboard and tweet storm for Galactic Punks - let's look at the minting data for Luna Bulls. The link to the dashboard containing this information can be found here, but let's break it down in this thread now. kiwi-paradox-650.notion.site/Luna-Bulls-NFT…
2/ For the minting of all 10,069 NFTs, there were 4 sections to the Luna Bulls mint.
Let's break down the numbers for all 4 sections.
Let's break down the numbers for all 4 sections.
3/
- Airdrop || 120 Bulls (~1.2% of total minted)
- Community Whitelist || 1,904 Bulls (~18.9% of total minted)
- Public Whitelist || 8,045 Bulls (~79.9% of total minted)
- All Luna Bulls || 10,069
- Airdrop || 120 Bulls (~1.2% of total minted)
- Community Whitelist || 1,904 Bulls (~18.9% of total minted)
- Public Whitelist || 8,045 Bulls (~79.9% of total minted)
- All Luna Bulls || 10,069
1/ Have you ever checked out websites like @StakingRewards when considering what crypto to buy? A lot of people do. Here is the thing - this #TerraAutumn sites like this will show $Luna head and shoulders above anything else for staking APY. Why? 🧵👇
2/ Many sites like this take into consideration major airdrops. So APY spiked way up earlier this year with the release of @mirror_protocol and @anchor_protocol. The same will happen but 10-20x that with all the new protocols releasing on Terra in the next 30-90 days! 👇
3/ So my prediction is that while the ecosystem growth will organically pump $Luna and $UST, all the free airdrops that come along with this growth will create a massive "second wave" pump once people begin to FOMO in so they can catch some airdrops too. 👇
@mars_protocol ignition phase lockup:
1. 14 days deposit period (dont need to rush)
2. deposit $UST in a lockup for period between 1-52 weeks
3. day 12 of deposit period = withdrawal closed off
4. $UST is locked up as $maUST
1. 14 days deposit period (dont need to rush)
2. deposit $UST in a lockup for period between 1-52 weeks
3. day 12 of deposit period = withdrawal closed off
4. $UST is locked up as $maUST
5. the $UST is used to bootstrap the activities on Mars for lending, etc
6. lockup participants gain $MARS
7. lockup participants and after launch participants who deposit $UST also get $xMARS
8. end of lockup period = $maUST withdrawal as your deposit + any interest accrued
6. lockup participants gain $MARS
7. lockup participants and after launch participants who deposit $UST also get $xMARS
8. end of lockup period = $maUST withdrawal as your deposit + any interest accrued
disclaimer from Mars:
"NOTE: There is a risk of partial or total loss of the UST tokens, and payment of ‘interest’ is neither contractually promised nor guaranteed. Please see the disclaimer at the end of this article."
deposit your $UST at your own risk
"NOTE: There is a risk of partial or total loss of the UST tokens, and payment of ‘interest’ is neither contractually promised nor guaranteed. Please see the disclaimer at the end of this article."
deposit your $UST at your own risk
Small thread on the current $LUNA TA
We have seen a nice retest of an old ATH confluent with a local range that led to a violent upside break
Currently, the price is retesting the old range, with #Col5 just around the corner, which makes it a good place to add to your bags
1/9
We have seen a nice retest of an old ATH confluent with a local range that led to a violent upside break
Currently, the price is retesting the old range, with #Col5 just around the corner, which makes it a good place to add to your bags
1/9
We are also seeing two inside bars already on the Daily TF which adds a nice confluence.
A break to the upside could provide a nice cascading of the price
If you are not sure what inside bars are I recommend re-reading this thread
2/9
A break to the upside could provide a nice cascading of the price
If you are not sure what inside bars are I recommend re-reading this thread
2/9
There are currently two paths from here.
1) We either go straight up, do a small LTF pullback and continue with the upside before #Col5
2) We fake breakdown, possibly revisit old mid-range, and continue up
In any case, we shouldn't be going below 27$ anymore
3/9
1) We either go straight up, do a small LTF pullback and continue with the upside before #Col5
2) We fake breakdown, possibly revisit old mid-range, and continue up
In any case, we shouldn't be going below 27$ anymore
3/9
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? 👇
One of the scariest things in #cryptocurrecy is government (over) regulation. What if you could hedge against regulation in your crypto portfolio without shorting or leveraging anything? Read on to find out how! #LUNAtics #stablecoins
READ below 👇
READ below 👇
2/ Right now SEC has @coinbase in their sights, as well as potentially stablecoins like $USDC and $USDT. Both of those coins are centralized - they supposedly hold USD cash and derivatives to back their entire crypto market cap.
👇
👇
3/ It's possible that these USD funds could be frozen by SEC. That would destroy them as stablecoins. Yes, this is a worst-case scenario and a court case could potentially take years to play out. But at the same time, if SEC takes them to court the FUD will be instant.
👇
👇
1/ Welcome all the new #Lunatics today! If you are new to $Luna I want to open your eyes to one of the most exciting aspects of the Terra ecosystem today. @pylon_protocol. WTF is that? 👇
2/ @pylon_protocol is a lot of different things. The main purpose right now is a Launchpad for the Terra ecosystem called Pylon Gateway. ~50 new protocols are nearing the end of development and many of those will be launching on Pylon. #TerraAutumn
3/ Those launches are done in two ways:
Pylon Swap is a fixed price token swap for $UST. You need to hold a certain amount of $Mine (Pylon's token) to take part. For the last swap it was 10k $Mine.
Pylon Swap is a fixed price token swap for $UST. You need to hold a certain amount of $Mine (Pylon's token) to take part. For the last swap it was 10k $Mine.
If anyone wants to understand what is going on with Luna, read these two threads.
#TerraAutumn is coming, tons of development on Terra driving UST utility and demand.
#TerraAutumn is coming, tons of development on Terra driving UST utility and demand.
Disclosure: I am long Luna, Delphi is heavily involved in the Terra ecosystem.
Few realise it, but #TerraAutumn is coming 🌖🍂
The pieces will start falling into place once Columbus 5 goes live in late September
In this thread, I share my mental model for @terra_money and guide to the end of year setup as I see it 👇
The pieces will start falling into place once Columbus 5 goes live in late September
In this thread, I share my mental model for @terra_money and guide to the end of year setup as I see it 👇
1/ Before we begin, it’s important to realise what Terra is
Terra’s product is often misunderstood as an L1
In reality, Terra’s only product is $UST. Everything else, including the L1, simply exists to help make $UST the most useful and decentralised form of money there is
Terra’s product is often misunderstood as an L1
In reality, Terra’s only product is $UST. Everything else, including the L1, simply exists to help make $UST the most useful and decentralised form of money there is
3/ The decentralisation mechanisms are well-covered, so I’ll focus mostly on utility. What makes money useful?
Money can either be spent or held/invested (deferred spending)
Terra aims to make $UST useful for both
Money can either be spent or held/invested (deferred spending)
Terra aims to make $UST useful for both
