1/22 🧵 A beginners guide to Liquidity Pools (LPs) on @terra_money & some of the higher return options currently available.

Note: LP provision is a high risk play & the following thread should not be considered advice - always DYOR.

$LUNA $UST $PSI $VKR $APOLLO $SPEC $MINE $STT

What is an LP?

A liquidity pool facilitates decentralised trading between 2 assets. The assets on either side of the pool are weighted based on the demand for each asset.

On Terra most LPs are typically a token e.g. $LUNA, $ANC & $MIR on one side & $UST on the other side.

When you are providing liquidity to an LP you provide an equal amount of each token to the pool based on the relative value of each asset at the time you are providing liquidity.

e.g. if $MIR=$3 & you’re adding to $MIR/$UST LP for every 100 $MIR you need to add $300 of $UST.

Read 25 tweets

RyanLion 🌖

@TheRyanLion

10 Oct

@terra_money

1/8 So you may have some liquid $LUNA following @terra_money NFT season, what are your options? 🧵

$LUNA $UST $ANC $MIR $MINE $STT $PSI $WHALE $PRISM $SD $bLUNA $nLUNA 🌝🚀

The classic:

Stake your $LUNA in Terra Station for staking rewards & $MIR, $MINE & $ANC airdrops - plus many more airdrops coming, visible here (filter airdrops):

terra.smartstake.io/projects

@terraswap_io

The LP:

Swap half your $LUNA to $bLUNA & provide liquidity to the $LUNA/ $bLUNA pair on @terraswap_io - your position will increase over time from the swap fees (no impermanent loss, keep your $LUNA liquid) - unfortunately APR has droppped significantly on this pair (3.5%)

Read 9 tweets

RyanLion 🌖

@TheRyanLion

9 Oct

@LunaBulls

Did you manage to mint a @LunaBulls on public whitelist?

Computer said no for me 🥲

@LunaBulls

Please don’t blame @LunaBulls for the minting issues. Looks to have been an issue with @terra_money network.

I guess the one thing they got wrong was 5 bulls available to each public whitelist address. Should have been 2-3 maximum.

Read 4 tweets

RyanLion 🌖

@TheRyanLion

2 Sep

@StarTerra_io

I am seeing a lot of anger in the community about @StarTerra_io and wanted to articulate some thoughts.

It seems things are getting increasingly hostile with personal insults and, in some cases, xenophobic comments being made. Firstly - this needs to stop.

I am NOT one of the “influencers” that was paid. I was however lucky enough to make the public sale whitelist - I made this list through persistent attempts (begging) both on Twitter and Telegram to make contact with the team because I knew the price would rocket post launch.

@pylon_protocol

I knew the price would rocket because the $0.14 per token valued $STT project at a market cap of around $600K - this valuation level would clearly not be sustainable given the comparative project, @pylon_protocol has a market cap of >$100M

Read 24 tweets

RyanLion 🌖

@TheRyanLion

20 Aug

@terra_money

The ultimate LUNAtics guide to $LUNA & @terra_money analytics and dashboards, a thread:

$LUNA $UST $MINE $ANC $MIR $LOTA $ALTE $STT $TWD $NEB $LOOP $ORION

🌝🚀👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻

@ExTerraFinder

1. finder.extraterrestrial.money @ExTerraFinder

My current homepage. The perfect view of all Terra ecosystem live token prices, as well as Terra blockchain explorer. They are constantly iterating and improving. They also have a handy countdown timer to Colombus 5 launch!

@SmartStake

2. terra.smartstake.io @SmartStake

Live on chain analytics including the famous $LUNA supply history charts you see LUNAtics spamming all over Twitter on 🔥 days. Also includes info on validators, upcoming projects, airdrops & much more.

Read 13 tweets

Share this page!

RyanLion 🌖

Try unrolling a thread yourself!

More from @TheRyanLion

RyanLion 🌖

RyanLion 🌖

RyanLion 🌖

RyanLion 🌖

RyanLion 🌖

RyanLion 🌖

Did Thread Reader help you today?

Like this author's thread?