1/6
what is Columbus-5?
-5th upgrade to Terra
-might be bigger than Ethereum $ETH EIP 1559 in terms of price action
what is Columbus-5?
-5th upgrade to Terra
-might be bigger than Ethereum $ETH EIP 1559 in terms of price action
2/6
Columbus-5 Key updates
1. improved Tokenomics
2. Inter-blockchain connectivity
3. Launch of Ozone Protocol
Columbus-5 Key updates
1. improved Tokenomics
2. Inter-blockchain connectivity
3. Launch of Ozone Protocol
3/6
Improved Tokenomics
- burn all seigniorage(profit from minting a stablecoin)
- making network token $LUNA more scarce
- fees generated from swaps will go to stakers
Improved Tokenomics
- burn all seigniorage(profit from minting a stablecoin)
- making network token $LUNA more scarce
- fees generated from swaps will go to stakers
4/6
Inter-blockchain Connectivity
- allows more interchain support bridging to other network
eg. Cosmos, Polkadot, Solana
$ATOM $DOT $SOL
Inter-blockchain Connectivity
- allows more interchain support bridging to other network
eg. Cosmos, Polkadot, Solana
$ATOM $DOT $SOL
5/6
Ozone Protocol
- insurance protocol in case of technical failure of Terra
- Ozone insurance tokens $OZ will be distributed when Columbus-5 launch
Ozone Protocol
- insurance protocol in case of technical failure of Terra
- Ozone insurance tokens $OZ will be distributed when Columbus-5 launch
6/6
Earn 40% APR by providing LUNA LP on Terraswap
For the full guide, checkout the video and subscribe!
@terra_money
@terraBitesPod
@terraswap_io
@LearnTerra
@solana
@polkadot
@cosmos
@ethereum
Earn 40% APR by providing LUNA LP on Terraswap
For the full guide, checkout the video and subscribe!
@terra_money
@terraBitesPod
@terraswap_io
@LearnTerra
@solana
@polkadot
@cosmos
@ethereum
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