1/ Pleased to announce that @antimatterdefi will be supporting non-oracle-based perpetual options using Terra assets on Columbus-5!
2/ Users will be able to buy and redeem call and put options on AntiMatter at a low cost, enabling risk-hedging and amplified price exposure to Terra assets.
3/ Non-oracle perpetual options eschew conventional oracle-based price feeds in DeFi for an arbitrage-oriented model that simplifies the user experience and maintains independence from external feed reliance.
4/ Options are a core primitive of TradFi and help promote market efficiency and liquidity for Terra assets.

Antimatter is a great addition to the blossoming decentralized derivs market for Terra, bolstered by projects like @prism_protocol, @sig_finance, and @Levana_protocol
5/ Decentralized derivatives are gradually catching up to their centralized counterparts in user experience, features, and liquidity (e.g., dYdX) and we’re thrilled to welcome Antimatter to the #LUNAtic community.
6/ Their team is currently working on deployment to the Columbus-5 mainnet, so please stay tuned for the release schedule and list of initially supported Terra asset pairs :)

• • •

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More from @terra_money

30 Sep
1/ Columbus-5 is now officially live as the new Terra mainnet!

Welcome to the future of Terra 🌕

2/ Col-5 unlocks numerous dimensions for the Terra ecosystem to better capture value, port assets across IBC-enabled chains, and set the foundation for a vibrant TeFi economy.
3/ Economic Changes:

Columbus-5 simplifies the Treasury Module logic of the Terra protocol so that 100% of the $LUNA seigniorage generated by the expansion of the $UST supply is burned.
Read 14 tweets
29 Sep
1/ The official Columbus-5 execution plan and set of available resources 👇

At the block height #4,724,000, the Columbus-4 chain will halt and the Columbus-5 mainnet migration will commence.
2/ This roughly translates to the following times:

Wed Sep 29 2021 23:00:00 GMT-0800 (PDT)
Thu Sep 30 2021 07:00:00 GMT+0000 (UTC)
Thu Sep 30 2021 16:00:00 GMT+0900 (KST)
3/ The migration is expected to take roughly 2 hours pending no extenuating circumstances.

The initiation of the migration will be relayed publicly both 1 hour before its execution and also at the precise time that the Col-4 chain halts.
Read 15 tweets
28 Sep
1/ Important Columbus-5 mainnet migration update for VALIDATORS:

The oracle-mempool-priority patch has been released with the applied version of core to avoid oracle misses even when the network is congested.

- github.com/terra-money/co…
2/ Hardware Requirement for Validators:

CPU: Computer Optimized 4x cores
Ram: 32GB
Storage: 1.5TB
3/ Don't forget to update your Go version to v1.16+

Required ops pre-Mainnet Upgrade:

Set halt-height(4,724,000) via --halt-height=4724000 flag option or config in ~/.terrad/config/app.toml (restart required)

Upgrade to Bombay-12 node to v0.5.5-oracle tag version for testing
Read 5 tweets
28 Sep
1/ Important Bombay-11 → Bombay-12 testnet update in preparation for the Columbus-5 mainnet launch.

NOTE -- Bombay-12 does not contain breaking changes to Bombay-11, but developers still need to migrate to the new testnet in preparation for the Col-5 mainnet.
2/ The latest core release v0.5.5 for Columbus-5 and the new Bombay-12 testnet will occur on:

2021-09-28T09:00:00 (UTC)
2021-09-28T18:00:00 (KST)
2021-09-28T01:00:00 (PDT)
3/ core@v0.5.5 will be released with the fix of the issue in the wasm event emitter.

- github.com/terra-money/co…

- github.com/terra-money/co…
Read 9 tweets
14 Sep
1/ Thrilled to see @JumpCryptoHQ officially launch!

Jump has quietly played a pivotal role in the Terra ecosystem for a long time and is one of the most well-reputed, talented, and strategically important firms in the broader market.

bloomberg.com/news/articles/…
2/ Jump is a consummate Terra partner.

Watching an established TradFi firm dive headlong into crypto underscores the potential of the crypto industry. As premier builders and market makers in crypto already, Jump Crypto opens up an array of new possibilities.
3/ @wormholecrypto and @PythNetwork are just the beginning. We look forward to a vibrant future with the Jump team, expanding our co-initiatives in liquidity, market-making, building, and other forms of collaboration.
Read 5 tweets
1 Sep
1/ The Columbus-5 mainnet deployment will be delayed ~3 weeks until a new block height of 4,724,000, roughly equivalent to the following times:

9/29 at 20:30 PST
9/30 at 03:30 UTC
9/30 at 12:30 KST
2/ No need to fret, as the goal is to implement some extra precautionary measures for the rollout of Terra’s most significant mainnet upgrade yet to ensure the smoothest launch possible.
3/ For some context, the Columbus-5 mainnet upgrade is massive.

Behind the scenes, numerous moving parts require attentive and thorough examination from multiple perspectives + reviews between TFL, eco partners, the community, and projects dependent on Terra applications.
Read 14 tweets

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