Some key numbers first (approximate):
🚀52 updates in 6 weeeks
🚀~150 active projects (excluding NFT collectibles)
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🚀10+ terra based savings/payment solutions
🚀20+ current on/off ramp options (cex based) for different jurisdisctions
🚀15+ wallets supporting Terra Assets
🚀30+ non-terra platforms supporting UST or Luna tokens
🚀10+ chains where Terra assets will be flowing to soon (non-ibc)
🚀5 different bridge software supporting (or will be supporting) Terra assets (non-ibc)
Savings/Trading/Exchange/Yield:
14 - @bitlocus - DeFi investments platform. Crypto to Fiat Exchange
15 - @OutletFinance - bank account replacement powered by #DeFi
16 - @ArielProtocol - Universal Perpetual Instruments
17 - @vertex_protocol - On-chain FX markets
18 - @ApertureFinance - Cross-chain investment ecosystem with a community-driven marketplace for strategies
19 - @YieldFoundryDAO - gets its own category. Smart, community-owned, structured vaults.
20 - @PlusHedge - A protected mAsset Strategy built on Terra. Launching soon on Yield Foundry
NFT Metaverse/gaming/marketplace
21 - @luart_io - the first gamified NFT marketplace on Terra
26 - @Breach_GG - GameFi ecosystem transforming gamers' online identity into a Metaverse Avatar
27 - @LunArt_NFT - Community Driven NFT Platform & Artist Launchpad
28 - @TheBuddyNFT - A playable and evolvable NFT monster based on a real-time turn-based tactical game on NFT
29 - @space_dollars - Imaginary money for the metaverse.
30 - @play_nity - Cross-chain DAO for #Play2Earn game enthusiasts and investors.
And some more Terra focused projects:
31 - Hypernova (@GTCapital) - job board
32 - @BrokkrFinance - Making DeFi accessible & easy to use
33 - @nova_financial - Bringing stability to the blockchain.
34 @GraviDAO_ - We build tools for DAOs to thrive!
I am sure I missed some projects. If your project or your favorite project is missing or has inaccurate details or needs more details, send a reply/DM here or on telegram (contact info @ terra.smartstake.io )
2021 was overwhelming but looks like we are just getting started
btw: the ecosystem map no longer tracks airdrops or the charity alliance membership. this data continues to be available in terra.smartstake.io
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1) Tx fees - smallest component of the three and varies on a daily basis. Consists of all stables & Luna & others 2) - $Luna rewards from Oracle - was 80% of all rewards till last month. Much smaller now but it's contribution never changes irrespective of $Luna price. disabled..
with col5
3) - $UST rewards from Oracle related to swap fees - generated in bulk from the massive community spend $Luna that was burnt in November. While it became the biggest part of all rewards, it's %age share goes up or down (in APR terms) as $Luna price goes down or up.
- click Assets
- Click deposit for Terra - Luna or Terra - UST
- Keplr will prompt for adding Terra chain (experimental). If you are comfortable, approve chain and connection
- In Keplr extension, click on the top icon and select Terra chain
- it will show the equivalent Terra address for your Osmosis wallet
- send a small amount of UST or Luna to this address
- Perform the deposit action from Assets tab of app.osmosis.zone and select Luna or UST
- execute deposit transaction to bring over the Luna or UST
#Lunatics - Given that Terra will have so many projects launching, this would be good time to note down few things on how you assess projects n not blindly fomo into every project
Tl;dr
- read intro articles/ama/watch podcast to understand what the project is about
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2) - see if the project is solving a unique problem or doing something that you like
- asses the stage of the project. Is it just starting /has mvp/ when will it have MVP / is MVP a meaningful product
3- assess the tokenomics to ubderstand FDV, initial mcap, supply distribution, supply curve. Dont look at individual token price
- Don't fall for pylon pool Apr's in the initial few mins unless it's a fixed cap pool. Pylon pools r long term investments n you don't need blind fomo
1/8 - $UST & it's peg stability:
- Watch this intro video to understand how Terra stables work:
- Last 6 months have seen an explosive growth in Terra network, its product & stable coin adoption
2/8 - At the same time, the community has grown many folds & some may not fully understand how stables work
- The events of last few days in crypto have been another humbling experience about how crypto works. X times price growth & huge corrections r part of how all chains work
3/8 - Many of you have noticed how the UST peg is off by 1-2% for the last few days
- If you have been around since $MIR launch, you would have noticed how $UST has been selling at a premium whenever there was increased demand on $UST.