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Feb 21 • 6 tweets • 2 min read
HERE YOU GO, THE CAP HAS BEEN FULLY RAISED TO $70M.

More details and updates below
🧵🔽
From the previous poll, the result was so obvious, so — let’s raise our Genesis Pool cap to $70M!



P.S. Thanks to our community suggesting a surprise raise to prevent bot :) 🥷🥷🥷🥷

2/
Guards
- Total Value supplied is capped at $70M
- Total $aUST supplied is capped at $7M
- $LunaX cap unleashed!

3/
Progress update 🛠
- The 2nd audit starts proceeding today!
- We’ve refined some front-end experiences according to the community feedback.
- We adjusted the UST interest rate model to make lenders earn interest rate closer to Anchor earn rate given the borrowing rate now.

4/
What’s next?

- Front-end optimization for smooth experiences.
- We will work closely with our auditor to ensure our security in order to take the Genesis Pool to the #NoCap stage :)
- Start working with our partners towards Protocol-Owned-Money-Market (POMM).

5/
**Cautions** (again)

- Experimental pool; please use it at your own risk.
- High risk of loss of funds.
- Zero financial incentives for participation.
- NO TOKEN
- Any yield strategies are not promising; you can have -PnL from using it.

6/

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More from @EdgeProtocol

Edge Protocol Profile picture
Feb 19
Let’s dive deep into what’s happened from the last 48 hours after launch.

And here's an update about cap raising

1/
At the get-go, we’ve been flattered with many participants from Edge and the $LUNA-tics community.

The first cap at 10M was reached in under 2 minutes.

2/
We’re sorry that we couldn’t have everyone who was interested at the very first launch.

So we’ve managed to raise the second cap, but the result is pretty much the same as the first one. Extreme demand :)

3/
Read 7 tweets
Edge Protocol Profile picture
Feb 16
The wait is over.

Genesis Pool is now live!
app.edgeprotocol.io/pool
More information below🧵🔽
Guards
- Total Value supplied is capped at $10M
- Total $LunaX supplied is capped at $1M
- Total $aUST supplied is capped at $1M
Remindoooooor
- *Genesis Pool is NOT Edge Protocol’s primary product*, we’re heading towards becoming the Money-Market-as-a-Service provider. So, there is a lot more to come, anon.

- Experimental pool; please use it at your own risk.
- NO TOKEN, OR ANY FINANCIAL INCENTIVES
Read 6 tweets
Edge Protocol Profile picture
Feb 14
GM Loopoooors and #LUNAtics

The clock is tickin’. We’re going to launch in less than 48 hours
Let’s explore possibilities after #DawnOfEdge

Thread 🧵👇
In the Genesis Pool, countless things are possible.
Especially yield strategies

Let's start with 2 loops for 2 personas

2/
1. FOR ANCHOR DEPOSITOOOOOR

$aUST, one of the assets that will be available on the Genesis Pool.

A Magic wand is here 🪄✨; you can borrow $UST against $aUST that are sitting idle in your wallet and do the steps as illustrated below.

3/
Read 7 tweets
Edge Protocol Profile picture
Feb 11
#DawnOfEdge Unveiled.

🧵 Revealing all [REDACTED]s of Edge Protocol Beta launch. Image
2/ #DawnOfEdge, Beta Launch is on track to go live on February 15, 2022. Image
3/ Assets available – Edge Protocol will kickstart the Genesis pool with
LUNA, UST from @terra_money
aUST, bLUNA, ANC from @anchor_protocol
MIR from @mirror_protocol
And yes, LunaX from @staderlabs Image
Read 8 tweets
Edge Protocol Profile picture
Nov 14, 2021
Edge Protocol — Introducing Protocol-Owned Money Market

link.medium.com/0sjrvGEdblb
1/ In our previous introductory article, we presented an overview of Edge’s three cornerstone products:
1. Customizable pool creation
2. Edge Marketplace
3. Stability Reserve

Which you can find in the link below
link.medium.com/CnGfcSoeblb
2/ Today, we’re excited to announce the first phase of our ‘customizable pool creation’ feature, along with the transformative use cases and benefits that it’ll bring.

"Protocol-Owned Money Market"
Read 14 tweets
Edge Protocol Profile picture
Aug 17, 2021
Edge Protocol will adopt the concept and values of “Collaborative Finance” to create “permissionless money market protocol” on @terra_money, providing the edges on capital efficiency for all people.

$LUNA $UST

1/ 🌚🌝
2/ Imagine a station where people can come together to create their own banks by setting their own terms for their own peers.
3/ Inspired by “Collaborative Finance” and “Microfinance”, we develop our protocol based on two main values as follows.
Read 12 tweets

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