Columbus-5 deployment has started! @terra_money is having one of its most important update with the launch of Col-5 which comes with a bunch of new and exciting protocols launching.
Here's a mega thread to get you familiar with existing and key upcoming dapps!
🧵👇
We have split it up into a few categories in this order:
Apologize if we missed anyone or made any mistakes!
Btw we run a motion design company (gramvideos.com/cryptogram), if any protocol is looking for explainer / educational videos to better explain and simplify their protocol's use cases visually, we would love to discuss!
.@mirror_protocol - Synthetic assets protocol that allows you to gain exposure to real-world assets.
Most of us should be familiar with this amazing protocol which became popular after the @RobinhoodApp incident. Other protocols will build on this.
.@sig_finance - Options protocol is powered by @mirror_protocol to unlock more strategies in your investments, from hedging, to leveraging, etc.
Probably starting with mirrored equity options, it'll eventually have non-equity options for greater flexibility and convexity.
.@Levana_protocol - Leverage any assets. Starting with 2x luna tokens, and branching out to mAssets as well.
It will eventually have perpetual swaps that allows you to long and short any asset with up to 10x leverage, all settled in $UST.
.@prism_protocol - Starting with $LUNA, it can split any yield / PoS tokens into two, a principal token (pLUNA) which is liquid and can be collateralized, and a yield component (yLUNA) which can get you airdrops.
Potential is immense, and can even stretch out to NFTs.
.@nebula_protocol - ETFs protocol that has baskets with unique weighting / rebalancing methodology.
Metrics used for rebalancing tokens are not limited to mcap, they can include price momentum, social media traction, and more, highly unique!
Starting with Eth network, users can use ERC20 stablecoins to earn stable ~15% APY powered by anchor, with more networks soon.
Eventually they aim to have an on and off-ramp solution for users to spend their earned interest.
.@mars_protocol - Money market protocol that allows for borrowing and lending.
Has unique uncollateralized loan feature where a proposal is submitted in the form of a smart contract and presented to the Mars governance for approval, similar to a business plan loan from a bank.
.@TeamKujira (Formerly Harpoon) - Liquidation protocol that allows you to bid on at-risk collateral in order to earn from liquidating loans on Terra.
Time to be on the other side of liquidations.
After col-5 there will be more features such as liquidation queues.
.@LighthouseDefi (Part of Original Harpoon) - Liquidation protocol that allows users to deposit UST to manually target liquidable loans.
Users can also park UST in their automated Defi products and earn even if no liquidations take place.
.@terraswap_io - DEX Protocol, the very first DEX on Terra!
.@loop_finance - Multichain DEX Protocol with all LP pairing with $LOOP (similar to $RUNE)
Will eventually integrate with @THORChain to enable cross-chain swaps into Ethereum and Solana using @wormholecrypto.
Also a content platform but more on that under the marketing dapps!
It's currently a vault similar to @SpecProtocol but will eventually become a war chest that acts as a decentralized hedge fund investing in various DeFi projects.
.@NexusProtocol - Liquidation protector / loan management vaults to maximize your yields without liquidations.
It helps users automatically manage your LTV and liquidation risk on Anchor instead of doing it manually. Nexus will also have Delta Neutral strategy on Mirror.
.@WhiteWhaleTerra - Arbitrage protocol to allow everyone to be the whale and keep the peg.
It allows users of any size to arbitrage all terra assets back to peg. Users deposit UST into the protocol and Whitewhale then helps users to arbitrage, earning fees.
They help users realize gains from vaults with Zero-loss donation & perpetual endowments, by separating yield from principal for spending, either instantly or after a user-defined time period.
A gamified launchpad that is kind of play2earn. Users can choose to stake $STT and be part of different factions and actively market their particular faction for popularity contest to get more allocation during IDO launches.
Tsunami is a DeFi Data market, aggregator, and storage solution. A decentralised data exchange protocol that helps to unlock data for ai, or other use cases.
Winner of one of the top prizes in a startup competition hosted by @chainlink
Stader helps to decentralize staking allocation, preventing centralization.
It also provides various themed staking pools, convenient airdrop collections, and auto-compounded staking rewards.
Beta-tested their UI and it is sleek!
.@ozoneprotocol - Insurance Protocol
Similar to @NexusMutual, Ozone offers insurance products and will allow insurers sufficient incentivization to insure against technical failure risks in the Terra DeFi ecosystem, giving potential investors confidence in $UST and more.
Similar to Wordpress for smart contract, they bring the power of building to non-coders, allowing them to create modular objects that can interact with others.
They call these modular NFTs as Andromeda Digital Objects (ADO).
The platform is built as a DAO, tackling the problem of tokenizing physical assets. These physical assets can be wine, watches, vintage cars, real estate, etc.
Allow users to use their NFTs as collateral and borrow $UST to earn yield.
.@Terrafirma_NFT - Tokenizing Real Estate as Fractionalised NFTs
They are bringing real-world real estate investing to the Terra through Fractionalised NFTs, giving real-world value through yield and capital growth.
They allow for perpetual subscriptions to services through upfront ‘deposits’, leveraging on Anchor Protocol’s fixed, stable yield, similar to Pylon Payment subscriptions, but with more options.
They are a global social enterprise that leverages DeFi yield such as Anchor to create perpetual charity endowments, while securing the health of $Terra with a locked, compounding $UST floor.
Perpetual donations for gaming tournaments & esports by harnessing Anchor to create perpetual prize pools. I.e. Matcherino/Patreon/Twitch donations with yield.
Donations will also be given to pro educators soon.
They allow users to create referral Marketing campaigns for dApp sign ups.
They are focused on marketing and promoting those crypto-native apps and activities, providing trackable marketing campaigns for dApps with on-chain data.
Not just a DEX, users can also write and interact with articles, review and comment on them. Interactions are rewarded with $LOOPR tokens, which can then be staked to receive $LOOP tokens.
Get paid to contribute content to the community!
Wow that was a long thread. I didn't go through NFT Games and will probably do so in another thread, hope I didn't miss out any important protocols!
Can't wait for Columbus-5, let's goooooooooo!
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1/
What is @ApolloDAO
- autocompounder in Terra Ecosystem, similar to @iearnfinance
- 2nd place for Delphi Digital Terra Hackathon
- potential multi-chain strategies getting yields from @solana
- more features in the future. eg. self-repaying loans @AlchemixFi
2/
Apollo Tokenomics
- Community farming event (CFE) distribute 3 mil tokens fixed at $0.25 via APR, with 50% released @ TGE,
- CFE extended to another 6m Apollo tokens
- initial cir supply: 5mil
- Total supply distributed over 3 yrs: 100mil
- Details: apollodao.medium.com/community-farm…
3/
Apollo token use cases
- governance token
- Apollo LP Vaults and zApollo (stake $APOLLO tokens)
- Apollo warchest (like hedgefund)
- DAO governance and metagovernance (how to govern the use of governance token)
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
1/6 Yield Farm $10,000 in One Month in the Bear Market with Mirror 1. Intro to Mirror
- protocol for synthetic asset (eg. BTC, ETH, AAPL, AMZN)
- $MIR holders get to create & vote for proposals new assets, to be traded
- 24/7 trading
- synthetic asset-UST LP to earn $MIR
2/6 2. how to get UST?
- buy UST on uniswap/pancakeswap
- download on chrome terra extension to create terra wallet
- send USDT to terra wallet address via bridge
3/6 3. tips on which synthetic asset (mAssets) to choose... not financial advice
- high growth stocks eg. T*sla, etc.
- pro cypto--> coinbase