Thread by @terra_money

1/ The Alliance Docs just got an upgrade! 🤝

alliance.terra.money

New Additions:

✔️ Revamped overview w/ Alliance use cases
✔️ Improved docs layout
✔️ Infographics
✔️ Detailed "How it Works" section

Details in 🧵

2/ Alliance is an open-source Cosmos SDK module that leverages interchain staking to form economic alliances among blockchains.

If we think of blockchains as digital nation-states, Alliance enables the implementation of more sophisticated and promising monetary policy.

3/ Here's how it works:

1️⃣ Two chains integrate the Alliance module and decide through governance which assets can be staked on their chain. These are known as Alliance assets.

4/ 2️⃣ Each Alliance asset is assigned a Take Rate (the percentage of staked Alliance assets the chain redistributes to native chain stakers) and a Reward Weight (the percentage of native staking rewards the chain distributes to Alliance asset stakers).

5/ 3️⃣ Users of each chain can then bridge their assets via Cosmos's Inter-Blockchain Communication (IBC) system to the other chain and stake them to earn the Reward Weight:

6/ Alliance presents users and decentralized economies with several use cases, including:

✅ Diversifying & augmenting staking yield
✅ Attracting users, liquidity, & talent
✅ Incentivizing application developers

Learn more about Alliance use cases 👇

alliance.terra.money/overview

7/ Any asset can be used within the Alliance module, including IBC assets, stablecoins, LP tokens, or liquid staking derivatives.

Explore the ins and outs of Alliance assets, as well as how rewards are determined, here 👇

alliance.terra.money/alliance

8/ To more deeply understand the mechanics within the Alliance module, including Reward Weights, Take Rates, governance, and rebalancing, visit the 'In-depth concepts' sections 👇

alliance.terra.money/concepts/staki…

9/ Simply put, Alliance is a novel economic tool blockchains can use to align incentives -- either with other digital nation-states or with native application developers 🤝

10/ To date, eight chains, including @TeamKujira, @WhiteWhaleDefi, and @0xcarbon, have committed to integrating the Alliance module 👀

https://twitter.com/terra_money/status/1620544603995926530

11/ The Alliance module will be battle tested ahead of mainnet release through a public incentivized testnet, dubbed the Game of Alliance 🤝

Details to be released, but for a sneak peak, check out this livestream with @BitesDigitalGrp & @Jared_TFL 👇

https://twitter.com/BitesDigitalGrp/status/1616118556298706944?s=20&t=oMm8_6t7lkh-05tUj19hSw

12/ It's all starting to come together.

As each new upgrade and piece of infrastructure goes live, we get closer to rebuilding our ecosystem, raising others across the Cosmos up in the process 🛰 🤝 🪶

Our story is far from over, #LUNAtics 🌕