1/ So... I think there are some protocols on @terra_money that don't get enough attention. I am not quite sure why that is - they will bring revolutionary ways to use your $LUNA, $UST or other #Terra assets.
I would like to do them justice, starting with @prism_protocol.
2/ The @prism_protocol series will consist of multiple threads organized into 2 groups.
SEASON 1 - PRISM INTRO 1. Core feature of PRISM 2. DCF valuation method 3. yLUNA-perp pricing 4. pLUNA-perp pricing 5. What can I do with yLUNA? 6. What can I do with pLUNA?
I.e. you could enter a liquidity pool (or a vault) manually, collect rewards and do something with these rewards - perhaps regularly buy more of your LP tokens.
Or you could let Spectrum/Apollo to this for you.
/3
@ProtocolVoid is coming to town and bringing privacy along.
Is it a big deal?
Why should I care?
What does it have to do with @galactic_punks?
🧵👇
/1
Privacy is a pretty important topic. On a general-usage blockchain (such as Terra, Avalanche, Harmony One or Ethereum) all the transactions are visible to everyone.
This means: if you know a person's wallet address, you know their financial standing and all transactions.
/2
There a number of reasons why we might not want our address to be known.
▶ Friends might start behaving differently when they learn how much $LUNA you have
▶ It's more difficult for oppressive governments/dictators to track down your hard-earned money
/3