@WhiteWhaleTerra has launched LBP sale of their $WHALE token.

You are probably wondering, what is a good price to buy.

May I help with that?

πŸ§΅πŸ‘‡

/1
LBP is not exactly the only place to get your hands on the $WHALE token - there is another one!

That place is @pylon_protocol Gateway:
gateway.pylon.money/tokens/whale

There are 3 pools available - 6M, 12M and 18M.

Let's take a closer look at them.

/2
Total $WHALE available in the pools and total $UST deposits are:

18M - 32.5M $WHALE - 5.0M $UST
12M - 12.5M $WHALE - 5.5M $UST
6M - 5.0M $WHALE - 6.75M $UST

Based on that - and assuming Anchor Earn as the opportunity cost - we can calculate the price of $WHALE in Pylon.

/3
Cutting to the chase, the prices are:

18M --- 0,04494 $UST
12M --- 0,08592 $UST
6M --- 0,13136 $UST

/4
I have additionally reverse-engineered the APR calculation of Pylon and figured that the APRs shown assume the base $WHALE price of ~0.05 $UST.

That's another hint beside the one above.

/5
Now, there are 2 things worth remembering:

- LBP is a swap - you get your tokens immediately, your $UST is gone
- Pylon Pools have a lockup period, but you get your $UST back at the pool maturity

Considering this, I predict the market price to be north of $0.13.
Feel free to check the math and do your own calculations using my "Terra Tools and resources" Google Sheet:

docs.google.com/spreadsheets/d…

Just remember to make a copy for yourself - no way in hell I will give you editing permissions. ;-)

/7-end

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with Patryk (πŸŒ–,πŸ’™, πŸ”Ί)

Patryk (πŸŒ–,πŸ’™, πŸ”Ί) Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @AgilePatryk

10 Dec
@prism_protocol - strategies 101
S02E05 - LP refraction

πŸ§΅πŸ‘‡

/1
Let's make it simple - LP tokens are just like any other yield-bearing token and refracting those is on the roadmap for the Prism Protocol.

Why would I want to refract them at all? I am glad you asked!

/2
I can think of a few reasons we do LP:

(1) High yield / incentives
(2) We are bullish on a couple of tokens and want higher APR than single-asset staking
(3) Continuous cashflow
(4) Farming event ($APOLLO, $HALO, etc.)

There's possibly some more, but that's not the point

/3
Read 13 tweets
10 Dec
Hi @StarTerra_io!

I did some math around @play_nity allocations and arrived at a different result than yours. 🀨

Could you lend me a hand, please? In absence of clear guidance it is difficult to prepare a tool to estimate future allocation.

πŸ§΅πŸ‘‡

/1
I have joined the IDO as a member of #LUNAtics faction.

Lunatics ranked 2nd. In previous IDOs that meant 30% of gamified pool would go to Lunatics - I assume that's true for $PLY as well, though the article did not mention that explicitly.

/2
That would mean total allocation to Lunatics faction is:

15% (standard) + 15% * 30% (gamified) = 19.5%

With total raise of 420k UST, 19.5% translates to 81.9k UST total allocation.

/3
Read 11 tweets
19 Nov
@prism_protocol - strategies 101
S02E03 - Fixed-rate lending at @mars_protocol

Originally, I planned on describing fixed-rate borrowing. After doing more homework I could not figure out, how it would work, so I decided to settle on fixed-rate lending.

Brain so smooth. 🧠🀷

/1
Small refresher on @mars_protocol - this dApp will bring money-market primitive to @terra_money.

At launch, we will be able to lend/borrow $UST, $LUNA, $MIR and $ANC. Further tokens to be added via governance votes.

/2
Both collateralized and non-collateralized loans will be possible - in the latter case loan will go issued to a protocol.

E.g. we will be able to farm $ANC - $UST by providing $ANC to Mars, with Mars supplying the $UST part. (2x leverage in this case).

/3
Read 12 tweets
5 Nov
Quick thread on "Crypto never sleeps".

πŸ§΅πŸ‘‡

/1
We tend to fall into a certain thinking pattern(s):

(1) Crypto never sleeps
(2) I need to be connected 24/7
(3) Staying on top of all the developments is a must
(4) I want/have_to know about every project there is

/2
While (1) is certainly true, (2)-(4) not so much.

Just think about it - there are hundreds of project launching just on @terra_money, similar on other chains: @harmonyprotocol, @avalancheavax, @FantomFDN, @kadena_io,...

There is no way anyone can cover such breadth alone.

/3
Read 11 tweets
5 Nov
@prism_protocol - strategies 101
S02E02 - Yield cluster at @nebula_protocol

Today we will look at possible partnership between Nebula Protocol and Prism Protocol, that would provide a pretty decent option for a passive income.

/1
We all hope WAGMI. We write it on CT, we encourage one another as fellow #LUNAtics - and for good reasons. The spirit of community thrives.

But ser, what are we gonna do, once we finally make it?

@nebula_protocol and @prism_protocol might help with it.

/2
Not sure about you, but once I make it, I will move a significant portion of my portfolio to a β€˜safe haven’ - @anchor_protocol-Earn-like where I can enjoy 20-30% APR, which would allow me and my family not to worry about πŸ’° anymore.

What would that look like?

/3
Read 12 tweets
4 Nov
@prism_protocol - strategies 101
S02E01 - @pylon_protocol capital efficiency

Yay! We made it to the 2nd seasons!

Pretty much all of the episodes will be focused on various partnerships Prism Protocol can get into to bring value to #LUNAtics.

Buckle up!

/1
How the pools on @pylon_protocol work:
(1) You deposit $UST
(2) Pylon deposits $UST to @anchor_protocol
(3) Yield is redirected to: $MINE buybacks (10%), dev team (90%)

/2
(4) Dev team supplies their token into the pool
(5) Pool distributes tokens at a stead rate per minute
(6) You can collect your tokens as defined in the pool (that might vary)
(7) You get your $UST back once the pool reaches maturity (6/12/18 months / whatever)

/3
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(