1/ Introducing the Liquid Liquidity Pool (LLP) - TerraFloki’s integration with @anchor_protocol
This thread contains alpha, so be sure to read the medium article that we have prepared at the end of this thread
2/ In this thread, we share more details on the Earn component of Play-to-Earn; how users and players of #Flokiverse will be able to sustainably generate income while interacting with the $TFLOKI ecosystem
3/ Today, what is arguably the best feature of @anchor_protocol is the provision of stable ~20% yields on stablecoins. What happens when 50% of a liquidity pool is deposited into Anchor? One could potentially generate decent passive income for owners of the LP.
4/ Henceforth, TerraFloki Labs officially removes the word ‘potentially’ out of the first sentence. We will be going ahead to implement this for the TerraFloki - UST LP. Rewards collected this way will be distributed fairly among Flokiverse players.
5/ Details of how we plan to reduce the price volatility of $TFLOKI even with this implementation may be found in our Medium article. Spoiler alert: A Rebalancer will ensure that the ratio of LP'd UST and deposited Anchor UST is maintained at the desired 50:50 ratio.
6/ Think about how the rewards could be supercharged with the user of yield optimisers, for instance @SpecProtocol@ApolloDAO 👀👀
7/ With the conclusion of the voting on the latest proposal by the TerraFloki DAO, a new liquidity pool will be launched, incentivised by fractions of NFT tickets. 30% of the total Gen 2 ticket supply will be reserved only for LP providers.
8/ This will not only deepen the liquidity pool, but also serve to increase the rewards for all in the Flokiverse.
9/ There’s a last piece of alpha on the date of the Planet Landlord Auction in the Medium article, so we won’t spoil that surprise here on Twitter for now. Read the Medium article, it’s worth your time - we promise.
10/ Now Master, with everything that has been delivered so far and the plans we have shared, is this direction the right one we have chosen for you? Is @TerraFloki a good boi? Is he going to make it?
1/ While building the Flokiverse, the @TerraFloki team places a heavy emphasis on immersion for players. How can we empower our Flokies to accomplish even more while being in the #Flokiverse?
2/ At TerraFloki Labs, when we think about our future collaborations, the first thing we have in mind is always this - how do we incorporate the partnerships benefits directly into the Flokiverse such that Flokies are able to harness new features, utility and entertainment?
3/ As our community already knows, Planets play a key role in the Flokiverse, obtainable through Planetary Auctions and owned by Planet Landlords. Planets will have city spaces which will be rentable by Planet Landlords to renters who will pay taxes: More: bit.ly/terraflokiplan…
1/ Introducing the first Play-to-Earn game in the @terra_money metaverse: the Flokiverse
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2/ Floki NFTs are not your regular PFP NFTs. They are playable characters within the Flokiverse which will allow players to have fun while earning passive income.
3/ Being a strategy game, there are a total of 1020 planets where cities may be built upon and wars may be waged. Players can choose to compete and dominate or dig their feet down to collaborate with one another