Discover and read the best of Twitter Threads about #terraautumn

Most recents (13)

1/ With #TerraAutumn๐Ÿ 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:

โœฆ Uncollateralized Lending
โœฆ Dynamic Interest Rate Model
2/ Let's take a deep dive into Mars and how it works

TLDR: ๐Ÿฆง๐Ÿ”ด

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"
Read 36 tweets
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 useful๐Ÿ‘

Thread๐Ÿงต๐Ÿ‘‡#Luna #Terra
1/

@NicolasFlamelX sets the stage (back in Aug, $LUNA $12+!) for why Luna will๐Ÿš€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... ๐Ÿ‘€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:

Read 10 tweets
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/visuaโ€ฆ
Read 16 tweets
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/visuaโ€ฆ
Read 16 tweets
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-NFTโ€ฆ
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.
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
Read 18 tweets
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? ๐Ÿงต๐Ÿ‘‡
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! ๐Ÿ‘‡
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. ๐Ÿ‘‡
Read 5 tweets
@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
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
disclaimer from Mars:
"NOTE: There is a risk of partial or total loss of the UST tokens, and payment of โ€˜interestโ€™ is neither contractually promised nor guaranteed. Please see the disclaimer at the end of this article."

deposit your $UST at your own risk
Read 4 tweets
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 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
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
Read 9 tweets
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 ๐Ÿ‘‡
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! ๐Ÿ‘‡
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 (๐Ÿ‘๐Ÿ‘). But what benefits does the Warchest bring to the $Apollo token? ๐Ÿ‘‡
Read 12 tweets
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 ๐Ÿ‘‡
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.
๐Ÿ‘‡
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.
๐Ÿ‘‡
Read 13 tweets
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? ๐Ÿ‘‡
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.
Read 16 tweets
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.
Disclosure: I am long Luna, Delphi is heavily involved in the Terra ecosystem.
Read 3 tweets
Few realise it, but #TerraAutumn is coming ๐ŸŒ–๐Ÿ‚

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 ๐Ÿ‘‡
1/ Before we begin, itโ€™s important to realise what Terra is

Terraโ€™s product is often misunderstood as an L1

In reality, Terraโ€™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 Iโ€™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
Read 23 tweets

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