White Whale Profile picture
Mar 6 11 tweets 7 min read
1/9
Our Airdrop for Luna stakers on Terra 2.0 aka @terra_money is now live.

This will be the first one in a series of interchain Airdrops.

Chains to come:
@ComdexOfficial
@Injective_
@ChihuahuaChain
@JunoNetwork

🧵 on how to send you token & what to do with them 👇🏼 Image
2/9
Read until the end to find out the best way to farm even more $Whale (9th Tweet 🎁).

1. Provide Liquidity. You have 3 options to provide Liquidity:

$Whale-axlUSDC
$Whale-ampWHALE
$Whale-bWHALE

You can provide the Liquidity in our dApp
app.whitewhale.money/terra/pools
3/9
2. Staking

Note: if you want to stake your $Whale you first need to send them over to Migaloo (watch Tweet 8 on how to bridge).

We have other useful tutorials on our Youtube Channel:

4/9

2. a) Classic Staking:
If you use the Terra Station Wallet you can just stake within the Wallet.

You can stake on one of many Migaloo explorers, via Keplr.

Silk Node explorer:
explorer.silknodes.io/migaloo

Ping Pub:
ping.pub/whitewhale/sta…

🎥 Tutorial:
5/9
2. b) Stake & Autocompound with @yieldmos

yieldmos.com/strategies/wha…

Note: this one is for the Keplr Wallet!

🎥 Tutorial for Autocompound:
6/9
2. c) Liquid staking. You have two options to liquid stake:

➡️ @BackBone_Labs:
migaloo.gravedigger.zone

🎥 Tutorial:

➡️ @eris_protocol:
erisprotocol.com/whitewhale/amp…

🎥 Tutorial:
7/9
3. Trade. On our dApp you can also directly swap $Whale into

#ampWhale
#bWhale
#USDC
8/9
Want to bridge you $Whale over to @Migaloo_Zone?

You can use our Terra Bridge:

airdrop.migaloo.zone/terra/bridge Image
9/9

Bonus 🎁
Earn even more $Whale by providing Liquidity into
ampLuna-Luna &
bLuna-Luna Pools

Rewards are distributed at the end of the special Genie Campaign, only 24 hours left to be eligible 🚨

You can find all infos here:
Link to the airdrop page:

airdrop.migaloo.zone/terra
Of course $Atom stakers will get an Airdrop as well!

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More from @WhiteWhaleTerra

Feb 27
1/6

White Whale Community, the time has finally come!

Our Airdrop for holders of the WHALE Classic token is live! 🎉🎊

Go to: airdrop.migaloo.zone/terra & claim your airdrop now 🪂🐳

You will have 30 days to claim your tokens.

👇🏼🧵
2/6

Here are some things you can do with your WHALE tokens:

1. Provide Liquidity:

While trading is not enabled yet, you can deposit/withdraw liquidity into the pools. app.whitewhale.money/terra/pools

Trading will be enabled in around 24 hours, stay tuned for the announcement 🐳
3/6

2. Trading:
🔴 WHALE-axlUSDC will be live for swapping in approximately 24 hours 🔴

This is to provide time to accumulate liquidity into the pool

The following pools are currently open on Terra:
WHALE - ampWHALE
WHALE - bWHALE

app.whitewhale.money/terra/pools
Read 10 tweets
May 10, 2022
This is a historic moment for Terra. The peg will be restored, it's just a matter of time, and trust will be restored as investors see the builders making the necessary changes that were brought into the spotlight during this crises.
Ultimately, it will prove to be a gigantic stress test that exposed vulnerabilities in the system. In the end, we will be grateful, because it forced us to address these issues and build back stronger. If we want to go higher, we need a stronger foundation.
We have seen a lot in the last 24 hours, and the lessons we have learned are priceless. As the dust settles, we will begin sharing what we have seen from the front lines and having the discussions about what changes need to be made to strengthen the system.
Read 5 tweets
May 10, 2022
Peg Update: The $UST peg broke on-chain a few hours ago. At this time, we saw our peg defender bots wake up and start to see some activity. They are not tied into our dashboard, on a different contract, but you can see them here: finder.terra.money/mainnet/tx/2B0…
However, we are running into some issues arbing UST back to peg. Right now the main issue seems to be the spread. Currently, the spread is so high that it is not profitable to arb UST back to peg.
Because there has been so much activity on the L1, the base pool is low, and takes time to replenish, lowering the spread.
Read 4 tweets
May 9, 2022
Yesterday there was a brief depegging of $UST on Curve and multiple centralized exchanges i.e. Binance, Kucoin, and others...
White Whale is a DeFi protocol, we do not have a Binance account, and we do not have crosschain infrastructure to arb UST on Curve (which is on Ethereum), nor is it reasonable to expect us to have such things at this point.
Instead, we run arb bots that defend the peg on the L1. This means we arb the validator level, where Luna is actually burned or minted, against the on-chain DEX's. This is the peg's core. So long as UST holds peg on-chain all other chains and CEX's can arb it back from there.
Read 7 tweets
Dec 26, 2021
Our product is arbitrage. We are distilling complex automated trading strategies down to a simple, user friendly process so you can benefit from them while simultaneously helping secure the ecosystem and make it more efficient. This is what we will deliver soon.

🧵
In the meantime, we are laying a strong foundation for our tokenomics. By owning our liquidity pool from launch, we do not have to rely on LP emissions for liquidity. Instead, we are earning swap fees every day, which equates to constant buy pressure on the WHALE token.
In the coming days, we will open our gov staking. Rewards will be non-dilutive emissions. Meaning we will emit WHALE to gov stakers at a rate less than the growth of the Treasury. This is a way of distributing tokens to loyal WHALE stakers without dilution.
Read 4 tweets

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