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? 👇
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
https://twitter.com/stablekwon/status/1436153042710241284?s=20
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.
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.
4/ Pylon Pools. The Pool allows you to deposit $UST, lock it for a defined timeframe (6-18 months right now). You get your principal UST back(!!) at the end of the term, AND you get the newly launched tokens (for instance @loop_finance or @terraworld_work) vested back.
5/ So the idea is a "lossless investment". This is possible because your $UST is deposited into @anchor_protocol and the 20% yield pays for the launch tokens. Awesome right? But it goes much farther. @pylon_protocol is planning many more integrations.
6/ Imagine a crypto-powered crowdfunding site like @kickstarter or indiegogo where you don't actually have to *pay anything* to support a new project. You just need to lock $UST and let @anchor_protocol do the work for you!
7/ Another Pylon use-case is supporting content-creators and others with subscription-based services. Something like that is already brewing with @Fansquad_fund. But that just seems like the start. What if @Spotify accepted Pylon and you could losslessly pay for your sub? 🤯
8/ NFT distribution. Join a Pylon pool and potentially get cool, rare NFT drops. Ask @galactic_punks if you want to know more!
9/ Some of the most ambitious plans are leasing real-estate or vehicles with @pylon_protocol. Your $UST interest would pay the cost of the lease, as well as secure the lease by representing your collateral as well! Does a leased Lambo count? 😎
10/ So now you know some of the obvious use cases. As #TerraAutumn continues, other protocols will surely use @pylon_protocol to accomplish things we haven't imagined yet. So exciting!
11/ But what about the token itself? Why buy it? Well in addition to giving you opportunities to get early investments into tokens, @pylon_protocol also captures 10-20% of the yield from the deposited $UST into Anchor and buys back tokens to distribute to $Mine stakers.
12/ Secondly, $Mine stakers will be entitled to free airdrops of upcoming tokens. For example, @terraworld_work is airdropping something like 0.14 TWD tokens for every $Mine staked. @loop_finance is doing the same!
13/ Tokenomics - $Mine tokenomics are absolutely insane! Insanely fair, that is 😉 Only 10% for the team, and no allocation for VCs or private pre-sale. To put it simply, no one is going to dump on $Mine holders. #feelfreetoapein 
14/ To sum all this up, I think that missing out on @pylon_protocol would be a massive mistake. The combination of it's extremely unique "lossless investment" use-case, fair tokenomics, and rewards just for staking the token all point to an extremely bright future!
15/ Almost forgot one of the most promising aspects of $Mine. It’s only 110m mcap right now! If it was just a launchpad, ok maybe the upside isn’t too crazy. But with everything else @pylon_protocol can become 110m is nothing! Hope you enjoyed the thread. 🤜🏼🤛🏼
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