1/ Wormhole for Terra has arrived!

With V2 now live and the Guardian set supporting Terra on mainnet, inter-chain DeFi between @ethereum, @solana, @BinanceChain, and Terra can realize its full potential.

2/ TFL will be converting its Shuttle bridge implementations to Wormhole, meaning that the Terra -- ETH and Terra -- BSC Shuttle bridges will be migrated to Wormhole, which will remain available on the Terra Bridge UI just with different back-end functionality.
3/ Solana will be added to the Terra Bridge UI as well, utilizing Wormhole. Stay tuned for further updates.

Eventually, the goal is for Terra Bridge to serve as the unified front-end for inter-chain transfers between Terra and other chains, including both Wormhole and IBC.
4/ To build on Wormhole V2, users should read the guidelines in the Wormhole design documents below and the official Wormhole Github repo from Certus One, including Certus One’s reference node implementation.

5/ Wormhole extends the tendrils of demand for $UST across diverse DeFi ecosystems, unlocking a whole new dimension of cross-chain value and message transfer between the Terra economy and connected chains.
6/ If you’re interested in building something on Terra, Wormhole-related, or are ideating something interesting that has mutual synergies between Terra, Solana, BSC, and Ethereum, please let us know by filling out the Airtable application form below!

7/ Let’s realize the full potential of inter-chain DeFi together. Enter the Wormhole.


• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Terra 🌍 powered by Luna 🌕

Terra 🌍 powered by Luna 🌕 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @terra_money

6 Aug
1/ Community Content Bounty Update:

Introducing Week #5’s winners and a special new format for the next 2 weeks!

Check out the details below 👇
2/ After the first 5 weeks of the community content bounty program, we’ve discovered some truly talented content creators part of the #LUNAtics fam. We’ve also received some valuable feedback, which has contributed to internal discussions about modifying the program.
3/ In that light we’d like to introduce a new format for weeks #6 and #7 -- a 2-week, open-ended topic bounty pooling both weeks’ prizes ($3K total) into one bounty.

Winning submissions will be awarded as follows:

1st Place -- $1,800

2nd Place -- $700

3rd Place -- $500
Read 18 tweets
17 Jul
1/ Community Bounty Program -- Announcing last week’s winners and the new bounties!

Thanks, everyone for your submissions! The quality is excellent and we encourage the continued diversity in both perspectives and content format (e.g., animated video, written content, etc).
2/ Let’s dive into week #2’s winners:

Bounty #4 -- Winning 3 Submissions:

-- 350 UST

jayljl.medium.com/terra-re-deleg… -- 100 UST

aurastake.medium.com/terra-redelega… -- 50 UST
Read 11 tweets
16 Jul
1/ Introducing the latest issue of Terra’s Project Spotlight, a special edition covering our valued partner network and one of the most fascinating application-specific blockchains in the Cosmos ecosystem -- @SecretNetwork!

2/ Secret is built on the Cosmos SDK and Tendermint, and is the only permissionless smart contracts platform to offer “privacy by default.” Secret Contracts allow queries from other application-specific chains in Cosmos to verify data integrity without sacrificing privacy.
3/ Known as “computational privacy,” Secret enables applications on the network to utilize encrypted data on the network without ever exposing the data itself -- even to network nodes. This supersedes the “transactional privacy” of most privacy-oriented public blockchains.
Read 9 tweets
16 Jul
1/ We’re thrilled to introduce Terra’s new $150M Ecosystem Fund, which will propel Terra towards its next adoption phase; augmenting an accessible, cross-chain DeFi supersystem targeting mainstream adoption -- supported by the amazing #LUNAtic community.

2/ The onset of dozens of projects on Terra has induced the need to bolster the ecosystem’s capital & resource base to support its exponential growth effectively, culminating in the Ecosystem Fund to guide the development of Terra towards a brighter future.
3/ The Ecosystem Fund serves as a capital foundation for builders to access the resources of the industry’s leading investors to manifest their vision for apps, protocols, & tooling on Terra. Accepted applicants will unlock a line of communication with the ensemble of investors
Read 6 tweets
9 Jul
1/ Announcing the community content bounty program’s winners and the new bounties for the next week!

First, we’d like to thank everyone for their submissions. The quality across the board was excellent, and we encourage writers who didn’t win to keep sending submissions.
2/ Let’s dive into week #1’s winners :)

Bounty #1 -- Top 3 Winning Submissions

1. jayljl.medium.com/forget-banks-e… -- $350 UST

2. danku-r.medium.com/how-to-get-sta… -- $100 UST

3. medium.datadriveninvestor.com/this-new-savin… -- $50 UST
3/ Bounty #2 -- Top 3 Winning Submissions

1. fynnlikesluna.medium.com/terra-validato… -- $350 UST

2. aurastake.medium.com/how-to-choose-… -- $100 UST

3. mlolalime.medium.com/how-to-pick-a-… -- $50 UST
Read 11 tweets
10 Jun
1/ In our fourth issue of Terra’s Project Spotlight, we’re thrilled to introduce @pylon_protocol --  a yield-based saving, payment, and launchpad platform built on Terra.

2/ Pylon is the 5th app incubated by the TFL team, following Chai, Mirror, Anchor, & Nebula. Pylon similarly infuses itself with the theme of “looking outwards,” where adoption, accessibility, & use cases that appeal to the average user are powered by Terra’s DeFi ecosystem
3/ The idea enshrined in Pylon is to swap “payments-in-principal with payments-in-cashflow” using Anchor’s high-yield, low-volatility deposit rate.

Anchor’s ability to unlock new dimensions for user engagement with products and services is powerful.
Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!