Discover and read the best of Twitter Threads about #terraformlabs

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🚨
$USDC to nie $UST
#Circle to nie #TerraFormLabs

Kilka suchych faktów dlaczego w.w. sytuacje są od siebie całkowicie różne.

Zostaw ♥️ i zapraszam do lektury ⬇️
1⃣ Różnica w działaniu.

🌑Jak wszyscy dobrze pamiętamy $UST było stablecoinem algorytmicznym, podpartym koszykiem różnych aktywów jak stable, $LUNA, $BTC czy $ETH.

🔵 $USDC jest tokenem podpartym prawdziwym dolarem, wyemitowanym przez podmiot regulowany przez SEC.
2⃣ FUD

🌑FUD w kwestii $UST obracał się wokół podparcia niestabilnymi aktywami oraz nadmiernym napływem supply przez #AnchorProtocol

🔵Cały dzisiejszy FUD wokół $USDC opiera się o upadłość banku, w którym #Circle posiadało niecałe ~5% zabezpieczenia dla swojego stablecoina.

2/
Read 10 tweets
JUST IN: #DoKwon submits a revival plan for #Terra including resetting the network ownership to 1B tokens. Maybe it's not game over for #Luna just yet? 👇🧵
@stablekwon proposes to establish a new chain, resetting the supply to 1B tokens. The priority is to preserve the Terra ecosystem community, which is the primary source of value for Terra.
The new chain is to be community run, i.e. the distribution of the new token is to be airdropped to community participants, and none allocated to #TerraformLabs. Check the proposed distribution here.
Read 5 tweets
Splitting ("refracting") your #LUNA into #yLUNA and #pLUNA can currently earn you the highest attainable #LUNA yield in the @terra_money ecosystem 👀

That is, if you know what to do 💡

A quick 🧵 on how to maximize your #LUNA #ROI on @prism_protocol 🔥
1/ First step: Refract your #LUNA (see above). You now own an identical amount of #yLUNA and #pLUNA.

These tokens can always be merged back together to form a full #LUNA (well, #cLUNA, which has to unbond back to #LUNA for 21-24 days, like #bLUNA - but you get the point!)
2/ #yLUNA is #LUNA's yield component. Therefore, it can be staked, just like regular #LUNA. You can attain the "normal" staking yield in @prism_protocol's "stake" tab.

#Airdrops are automatically claimed by the protocol, further simplyfing your UX.
Read 8 tweets

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