Thread by @arringtonXRPcap

After a successful overnight launch, we're excited to announce our investment into @anchor_protocol, the latest DeFi innovation in the @terra_money ecosystem. (1/9)

We believe @anchor_protocol will be one of the most important DeFi launches in 2021, representing a new economic primitive for crypto fixed income. (2/9)

We published our research report on @anchor_protocol & $ANC:

Resurrecting The Saver: Walking Tall With Anchor (3/9)

https://twitter.com/arringtonXRPcap/status/1372300440826572802

Our first investment into $LUNA was made in 2018. We purchased additional tokens in 2020, own $MIR, own $ANC and are also equity investors into Chai Series A & B.

Why are we so excited about the @terra_money ecosystem? (4/9)

Simply: @d0h0k1 and the team. They are *still* one of the most underrated teams in crypto.

The Terra ethos has been unchanged since we first met the team over three years ago: long term growth & mainstream adoption. (5/9)

They have been relentlessly heads-down long before the market recognized their efforts.

Anchor builds on Terra's ecosystem and product-market fit, from the rise of $UST to Chai's mainstream adoption & @mirror_protocol's rapid growth. (6/9)

It's hard to ignore Terra's insurmountable traction. We believe Anchor is positioned to become the Stripe for Savings and a portal between mainstream savers & DeFi yield. (7/9)

In our opinion, the launch of @anchor_protocol is one of the most important money market launches in DeFi, creating a stable interest rate and possibly birthing DeFi’s risk-free rate, a foundation for crypto-native fixed income. (8/9)

Terra is just getting started. We are thrilled to continue investing in the ecosystem and meeting teams as they discover its possibilities. (9/9)