1./ Now Col-5 has launched it's time to look forward. Let me take you straight to September 2022.

It's been a rough year. All the centralised stable coins suffered from the actions of the regulators, but their was one stable coin they couldn't get their hands on: $UST!
2./ Because of this, combined with the ongoing mainstream adoption of crypto currencies $UST now has a marketcap of more than $USDC, $USDT and $UST combined one year ago. Of course this means $LUNA went parabolic and now is the most wanted asset around
3./ The few other stable coins that are still being used are mostly deposited into @orion_money where also the users of other chains receive an APY of around 20% because @anchor_protocol keeps delivering, helped by @neptune_finance.
4./ The Terra network flourishes like never before. Even the $ETH and $ADA early supporters starting to move towards Terra.

$UST is available on all networks and this is accomplished by the integration of $UST on @osmosiszone. Looking back, the rise of $UST started with Col-5.
5./ @loop_finance has become the true DEX of the people. There are more swaps executed on #LOOP than swaps that doesn't get executed there. Their first mover advantage combined with their fair launch made this project the winner of all dexes.
6./ People who want to earn yield are more and more using @ApolloDAO. Their UI made it even possible for people who never heard about crypto to earn +100% yield on certain token pairs. While users only deposit $UST, #Apollo does the work behind the scenes.
7./ To buy one $LUNA people have to buy one $yLUNA and one $pLUNA because @prism_protocol made it much more efficient to split the main token. At the moment, other PoS tokens are fighting each other to be next one integrated by #Prism.
8./ The time of broken nights to prevent our balances for being liquidated are over. @NexusProtocol and @neptune_finance are the auto balancers we should have had in May 2021. Only the early adopters know how it was without them.
9./ Staking is now much more than just depositing a token. @staderlabs has gamified staking and is even providing sTokens to make even staking liquid. Because of this people are more incentivised to stake and more tokens are staked than ever before.
10./ The peg is something we don't have to worry about anymore. @WhiteWhaleTerra keeps the peg of all assets and everyone is able to participate in the game that's called arbitrage. $UST, $bLuna or mAssets, it doesn't matter, they all keep their peg no matter what.
11./ CeFi is more and more moving towards DeFi. People are using @kashdefi for their daily payments with $UST and Wallstreet runs out of traders because everyone is using @mirror_protocol. The promise of "Mirroring all assets under the moon" is becoming reality.
12./ Protocols like @nebula_protocol, @spar_protocol and @mars_protocol attracted TVL that was never seen before. They're being used daily by a countless amount of users.
13./ With leverage trading made possible by @Levana_protocol almost everything seems available on the Terra blockchain. Like many expected, Terra triggered the true mass adoption for DeFi.
14./ While Defi is exploding, also the NFT projects on Terra are outperforming all their competitors. Because of low transaction fees and user friendly UI @ProtocolTalis @OnePlanet_NFT and others became the best in class projects.
15./ But that's not all. The NFTs we know are amazing, but @AndromedaProt is about to melt faces with their new NFT standard. Many projects are waiting to make use of their technology which is never seen before.
16./ And what about those new projects? How to participate early? @pylon_protocol never left the party. It's still possible to deposit your $UST to farm new tokens, but why would you? Deposit $yUST so you can use your $pUST somewhere else!
17./ Of course we also still have @StarTerra_io. The factions are competing like never before and the social media activity of them is seen everywhere. Not launching on their platform doesn't seem to be a real option for new projects.
18./ The world looks wonderful. More new ideas for projects emerge every day and the development of the #Terra ecosystem doesn't seem to be done for a long time.
19./ For everyone reading this, in the coming year you're about to witness something very, very special. We've seen $BTC, we've seen $ETH. Now there is $LUNA.

Don't miss out. #WGMI

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More from @wolf_of_defi

27 Sep
1./ Just imagine a collaboration between @prism_protocol and @ApolloDAO. All mAssets, $LUNA, $ANC, $MIR, $MINE and way more tokens split into yield bearing tokens and principal tokens, all pooled against $PRISM and made available in auto compounding vaults on @ApolloDAO
2./ The only thing you have to do is deposit $UST at @ApolloDAO and everything else will be taken care of behind the scenes. This would be so user friendly and create so much value for $PRISM at the same time...
3./ Keeping in mind that they're also planning to integrate other cross chain assets like $SOL, $ATOM and $ETH, @prism_protocol is going to attract an unbelievable amount of value. It's literally a #BlackHole.
Read 4 tweets
23 Sep
1./ What if all stable coins on #Ethereum will be converted into $UST? Is that bullish? What would this mean for $LUNA?

I think this is possible. The only thing we need is a collaboration between @orion_money and @prism_protocol.

Let me explain what I'm thinking about:
2./ As we all know by now @prism_protocol is planning to split tokens into yield bearing tokens and principal tokens. Also stable coins. We also know @orion_money is giving the best APR's on $DAI, $USDT, $USDC, $FRAX and $BUSD by making use of @anchor_protocol.
3./ Not even to mention the APR's @orion_money will provide when their token $ORION launches.

Behind the scenes those stables are converted to $UST to receive this #APR. But what if we let @prism_protocol join the party?
Read 9 tweets
17 Sep
1./ I think everyone has been in doubt at least once whether they should provide liquidity or stake their precious $LUNA. But what if you can do both?

Let's talk about @prism_protocol again.
2./ As you should know by know at @prism_protocol you can split your $LUNA into $yLUNA, the yield bearing token, and $pLuna, the principal token.

Staking $yLuna at Prism gives you all the airdrops and staking rewards you'd have had when staking your standard $LUNA token.
3./ Great. So let's stake $yLUNA. Now we've $pLUNA left. What can we do?

The most easy thing to do is provide liquidity in the $pLUNA - $PRISM pool. You'll receive liquidity incentives and AMM fees as a result.
Read 8 tweets
14 Sep
1./ "When best of two worlds merge, the power won't be accumulated but it will be multiplied"

Columbus-5 will connect Terra to IBC. What this is gonna do is beyond imagination.

A quick thread:
2./ Once the Columbus-5 upgrade is finalised, $UST will be the first stable coin on @osmosiszone. Till now it still isn't possible to pool your assets against a stable coin. This means when you just want to have $Atom or $Osmo you need to have another volatile asset to pool.
3./ A stablecoin to pool against will give a lot more opportunities than there are now. Because of this, the demand for $UST will explode. We all know what that means.
Read 9 tweets
13 Sep

1./ This project is going to be a killer. Leverage long without liquidation risk? Check my previous tweet about this:

But this is just the beginning. Let's talk about the $Prism token:
2./ Like many tokens, the $Prism token will be used for governance. Also, once staked, users will receive fees earned by the protocol. But this isn't the amazing part. If you love @THORChain, you'll fall in love with $Prism instantly.
3./ At @prism_protocol you can deposit your $Luna and split this in $yLuna and $pLuna. Once you did this, you deposit those tokens in liquidity pools so people can trade them. And every liquidity pool has as base asset... $Prism. Amazing!
Read 8 tweets

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