Terra just flipped Binance Smart Chain and became the second largest chain by TVL.

What are some of the most impressive starts behind its growth?

🧵👇
Terra flipped Binance to claim the 2nd spot.

Binance has 232 protocols.

Terra has only 13.

Yet, with ~$20.14B in TVL, Terra moved to 2nd position...

Only behind Ethereum.

Have a look at this:
Another quick stat?

Terra's TVL shot up 2x to reach $20.14B in about a week.

In just the last 24 hours, the increment was 12.41%.

This added to its colossal Year-over-year (YOY) rise of 7,500x.

See it with your own eyes:
Terra's top protocols by TVL are:

- @anchor_protocol
- @LidoFinance
- @terraswap_io
- @astroport_fi
- @mirror_protocol
- @staderlabs

Together, they accumulate $19.08B TVL.

Which means:

These protocols account for 95% of Terra's entire TVL.
Why such a sudden jump in TVL?

You see, $UST is flying to other protocols like Ethereum, Solana, Polygon, and many others.

In practice this means:

People who've never heard of UST or LUNA started to discover the wonders of @terra_money.

In other words:
it's all about massive adoption.

Therefore, price appreciation.

Plus, more and more #LUNAtics are locking their $LUNA and earning yield.

By the way...

Did you notice that Stader is well placed at no. 6?

Check this out:
Stader's TVL has reached $527.22M.

Meanwhile $SD token’s price is still $0.73.

So catch them before they're gone.

Stake now:

terra.staderlabs.com/pools

• • •

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

Keep Current with Stader Labs

Stader Labs 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 @staderlabs

23 Dec
5 ways to skyrocket your rewards using Stader.

(that you won’t find on other staking solutions).

🧵👇 Image
Way #1: Auto-Compounding Rewards.

At Stader, we auto compound your rewards.

You could try it manually... but:

- You could spend way too much on gas fees...
- Or leave yield on the table.

Plus.

If you have a small stake, you risk ending up with staking dust: Image
Staking dust comes as those small coins you can't really use due to their small amounts.

This usually happens when you claim fewer staking rewards, before converting them to $LUNA.

Stader’s auto compounding solves both these problems in one shot and also boosts your yield.
Read 10 tweets
23 Dec
Stader's Plain Staking Community Farm rapidly came to an end.

2% of $SD tokens (3 million tokens) have been farmed by #LUNAtics in record time.

What's the next step and what does it mean to you? 👇
Starting tomorrow, Stader’s plain staking pools will be set to auto-compounding mode.

In practice this means:

All stablecoin rewards will be converted to $LUNA and restaked for boosted yield.

Get set to enjoy staking rewards on steroids.

There's even more exciting news:
We are launching Stader tokens via a top global platform in Jan’22.

Prepare for a HUGE event!

We've also partnered with a key Terra protocol.

Through this partnership, all Stader stakers will have exclusive access to even more $SD tokens.

Even more crazy news:
Read 6 tweets
22 Dec
Dear #LUNAtics:

We are thrilled to announce our partnership with @iSafePal.

Safepal is a decentralized wallet with 4+ million users across 190+ countries.

Both teams are working together to allow SafePal's users to stake directly with Stader’s pools.

Here are the details:
SafePal is the first Tokenized Crypto Hardware Wallet.

It supports 30 blockchains and 10,000+ tokens.

After the integration, $LUNA holders will be able to stake directly with Stader’s pools.

Which means:
You will have access to all of Stader’s staking features without leaving your @iSafePal wallet:

- Auto compounding
- Validator monitoring
- 1-click Airdrops
- And much more

This will happen once both parties have been fully integrated through mutual development efforts.
Read 5 tweets
21 Dec
How to "forecast" token price variations based on social sentiment?

A.K.A: Picking the right tokens without tech skills and using alternative tools.

STEP-BY-STEP GUIDE: 👇
Have you noticed?

Some people manage to pick the right projects with no tech skills at all.

How is that even possible?

Meet social sentiment.

An alternative way to analyze projects and ecosystems, pick tokens and even "forecast" price variations.

Here’s how:
It’s no secret:

Token price variations don’t only respond to tokenomics and fundamentals.

Quite the contrary:

Most of the time, it’s the market mood that moves the needle the most.

Even in spite of fundamentals!

So how do you measure that?
Read 17 tweets
20 Dec
6 reasons why $LUNA is growing against all odds…

(while the rest of the market is in red)

🧵👇
Before you dive into the reasons, remember some Terra basics:

In order to mint $UST, the equivalent in $LUNA has to be burned.

In other words:

The more use cases and adoption of UST, the more minting pressure on $LUNA.

Now that you have the context, let's dive in:
Reason #1:

Thanks to IBC and Col-5, @cosmos blockchains can access Terra assets.

@osmosiszone was the first to adopt $UST and $LUNA to their incentive pool…

And the opportunities started spreading like wildfire.

For example:
Read 15 tweets
18 Dec
How to protect your digital assets from hackers:

Step-by-step guide: 👇
It was a usual morning on Dec 2, 2021...

That day, thousands of folks found their wallets drained off their precious crypto.

Someone had stolen $120M by hacking a DeFi website.

After some tracking, PeckShield Inc found the stolen booty:

The question is:

How did the hackers manage to steal all of this?

Did someone leak a list of private keys?

Was it due to some accident by an unassuming crypto enthusiast?

The answer is:

None of the above.

Instead, what happened was a totally wicked thing...
Read 15 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!

:(