RyanLion πŸŒ’ Profile picture
Mar 30 β€’ 45 tweets β€’ 21 min read Twitter logo Read on Twitter
Going to document myself making a DAO...
Gonna use my merge protocol Terra address because that meme is over and it has some $LUNA I can use for gas in it that's not connected to any other wallets 😊
It's going to be a community token DAO.

We need some memecoinery Image
We'll call it Lion DAO - not feeling very creative rn Image
Hmmmm.... $LION token or $ROAR token? Image
Hmmmm do I make a token with like 1 Trillion tokens or like 1,000 tokens? πŸ€” Image
I'm going with 1 Trillion tokens. I'm a bit confused at this stage but I'm also refusing to read the instructions so I'm just going to wing it, so looks like I'm sending half the tokens to the DAO and half the tokens to my address (which I will send to other people) Image
OK slightly confused at this stage.

I don't know what a marketing owner address is, so I just used my same address. I don't know what Projct means, so just said Lion DAO again.

Looks like I'm going to have to make a token Logo... Image
I made a logo Image
OK now to set governance parameters, gonna have 24 hour governance votes and 24 hour unstaking period for lolz. Image
I don't really know what this means, but I'm just going to allow it anyways: Image
Now I have to make some socials or something brb Image
OK - Made a discord, telegram & Twitter lolz

@TheLionDAO $ROAR Image
Oh shitttt Image
@enterprise_dao Help I accidentally made it twice πŸ˜‚πŸ˜‚πŸ˜‚ Image
@enterprise_dao Made 3rd DAO - this is real DAO! πŸ˜‚ Image
@enterprise_dao Staked 100Bn $ROAR tokens to prevent early governance attack (watch and learn how it's done @AquaOnJuno) Image
Oh shit can see my $ROAR tokens in my @StationWallet straight away Image
Someone other than me staked some $ROAR in the DAO: Image
Have distributed 25Bn $ROAR so far - turns out manually sending out tokens was probably a bad idea, but I'm committed now
People are actually staking their tokens - if you staked some tokens, you're a legend. Who will raise the first governance proposal? Image
3 people joined the discord & 1 person joined the telegram lol ImageImage
Might as well make a liquidity pool on @astroport_fi right? πŸ€·β€β™‚οΈ Image
Added 10Bn $ROAR & $63 to the liquidity pool.

$ROAR has an FDV of $63.7K

#WAGMI Image
OK hit my first snag - don't seem to be able to make a swap on @astroport_fi

I'm messaging Astroport devs
OK while that's going wrong - let's see what we can do on @enterprise_dao governance wise - I'm thinking can we get staking rewards for staked DAO tokens from the DAO treasury. That might be a bit advanced, but I'm going to message @enterprise_dao devs to see what we can do.
@enterprise_dao UPDATE: @astroport_fi devs are giving this their full attention Image
@enterprise_dao @astroport_fi UPDATE: @coinhall_org are ready to chart: Image
UPDATE: @astroport_fi are worried it's a rug Image
@astroport_fi Lion DAO Twitter is picking up steam, it already has more followers than most LUNC bot accounts.

There are now 60 $ROAR holders. 12 in the discord & 8 in the telegram.

Lion DAO could be the next big thing. Image
@astroport_fi UPDATE: just had a dm from @eris_protocol - they're working on ampROAR. Not wanting to be late to the party @JGnft_is_me is working on $bROAR. Then @stride_zone messaged to say they're willing to give me 200% APR on $stROAR/$ROAR pair on @osmosiszone
UPDATE: Airdrop for $ROAR stakers confirmed!! πŸͺ‚

Life moves fast when you're in Lion DAO

UPDATE: Someone airdropped $LUNA to $ROAR stakers πŸ˜‚

Thanks whoever it was - I'm running low on gas fees! Image
UPDATE: We have governance proposals! And people are actually voting on them 🀣 ImageImage
UPDATE: The @astroport_fi LP for $ROAR / $LUNA is working!

Advice from the @TheLionDAO team is: DO NOT BUY OR SELL UNDER ANY CIRCUMSTANCES ‼️ Image
@astroport_fi @TheLionDAO UPDATE: In a desperate act of apology for calling Lion DAO a scam the @astroport_fi devs have added $ROAR token symbol to the front end

@ZeMariaMacedo has also dmed to say he will be giving $ASTRO emissions to $ROAR / $LUNA at next emissions review Image
@astroport_fi @TheLionDAO @ZeMariaMacedo UPDATE: @TheLionDAO has $12.90 in treasury - someone donated 10 $LUNA.

Lions are not just ferocious, they are also kind hearted. Image
@astroport_fi @TheLionDAO @ZeMariaMacedo UPDATE: $ROAR is trending on @coinhall_org ‼️ Image
Go and check out real DAOs that are on @enterprise_dao like this one from @redacted_money
UPDATE: Initial airdrop has been claimed by 100 wallets. More info tomorrow. This was fun :)

UPDATE: because someone else makes a $ROAR/$USDC & $USDT pair, bots are actually arbing $ROAR 🀣🀣🀣 this bot made 3 $LUNA profit on his arb

terrasco.pe/mainnet/tx/44A… Image
32.7% of the $ROAR I airdropped has been staked. Very well behaved lions 🦁 Image

β€’ β€’ β€’

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

Keep Current with RyanLion πŸŒ’

RyanLion πŸŒ’ 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 @TheRyanLion

Apr 1
Starting a DAO on @terra_money using @enterprise_dao DAY #3! 🧡

We're about 60 hours into the DAO's life. Will do a few tweets in this thread with a summary of some of the key activities so far & will update as the day progresses.

Link to the DAO: enterprise.money/dao/terra17c6t…

$ROAR
Community:

Twitter: @TheLionDAO 265 followers

Discord: discord.gg/hZpqVkT3v9 89 members - shout out to @MrMohawk for helping build some features in there.

Telegram: t.me/Lion_DAO 65 members

$ROAR token holders - 729 list here: terrasco.pe/mainnet/addres… ImageImageImage
DAO:

178.5Bn $ROAR staked in the DAO. 100B is my original stake to prevent early governance attacks.

78.5B $ROAR of the 167B which has been airdropped is staked. Giving a staking ratio of 47%.

$ROAR staking has a 24 hour unbond period, which can be adjusted by governance Image
Read 17 tweets
Mar 31
Starting a DAO on @terra_money using @enterprise_dao DAY #2!

Link to DAO: enterprise.money/dao/terra17c6t…

Twitter: @TheLionDAO
TG: t.me/Lion_DAO
DC: discord.gg/hZpqVkT3v9

Read all of yesterday's fun in the thread below πŸ‘‡
On the agenda for today:

- Running a @genie_coinhall airdrop campaign
- Talk to @astroport_fi about how I can add liquidity incentives
- Explore staking rewards in the DAO with @enterprise_dao
- figure out how people can add other tokens to the rewards distributor & treasury
@genie_coinhall @astroport_fi @enterprise_dao Coolest stuff that happened so far:

- people airdropping $LUNA and other tokens to $ROAR stakers
- 30% of the tokens distributed being staked on the DAO
- Trending #1 on @coinhall_org
- @astroport_fi adding our logo instead of making me fork a GitHub repo (WTF?!)
Read 23 tweets
Mar 4
Recently I've been playing around with $EGGS πŸ₯š

An interesting concept with a number of game theory elements.

The supply debases by 0.01% per block but there are a number of ways to "protec" your eggs.

Disclaimer: It's done a 10x since I bought & is high risk.

Quick 🧡 Image
Supply debases by 0.01% per block (~7% per day) but there are 3 ways to protec your eggs πŸ₯š

1. Full Protec:

- Requires a 7 day lock up
- Your $EGGS will not be affected by the debase
- Once the 7 days are up you can withdraw, or hold them there until you want to withdraw Image
2. Big Protec:

- 10m $EGGS are minted every block
- 9m per block are allocated to Big Protec
- Big Protect is providing liquidity to the $EGGS/ $ETH LP
- You need to lock your LP for at least 24 hours
- Whilst the $EGGS in the LP debase, the rewards often exceed the debase Image
Read 14 tweets
Dec 6, 2022
Very quick rebuttal to the @FatManTerra revelations today.

TL;DR: The $UST swaps into the curve pool he identified were clearly communicated as swapping $UST to other stables to purchase $BTC for the @LFG_org reserves.

🧡 1/
Fatman points out that the $UST swaps increased in April. The selling stops exactly in line with @LFG_org announcing the purchase of $1.5Bn of $BTC.

Image
The details of the swap include a $1Bn direct swap of $UST & $BTC with Genesis and an additional $500m $BTC β€œbought” from 3AC.

How much does FatMan allege TFL β€œcashed out” over this period. Oh $450m - this lines up with the $500m $BTC purchase πŸ€·πŸ»β€β™‚οΈπŸ§
Read 6 tweets
Dec 5, 2022
The $HARBOR airdrop is live.

For the majority the airdrop will have been automatically distributed to your Comdex wallet.

For $LUNA, $EVMOS, $SCRT + others you need to manually check eligibility & if eligible send a low value tx to Comdex with you wallet address as the memo.
20% of the $HARBOR airdrop is delivered liquid. The remaining 80% is delivered in $veHARBOR with a number of "missions" you need to complete to unlock the full airdrop.

I believe the $veHARBOR is locked for 4 months before being able to be made liquid.
I already completed the mission to provide liquidity to the $ATOM / $CMDX pool on cswap - which is a little tricky as you need to get both assets onto Comdex to provide the liquidity. I can confirm that there is no minimum, so you can do it with pennies. Comdex is also gasless.
Read 4 tweets
Aug 25, 2022
Reenabling staking on Luna Classic network is pretty bullish for $LUNC.

Staking APR has been insane for the last few months due to the rewards in the oracle contract accrued during the mass $UST burn.

There will be a race to stake $LUNC to take advantage of the crazy APR πŸ§΅πŸ‘‡πŸ»
The re-enabling is staking will potentially reinvigorate some Terra Classic dApps. $bLUNA, $cLUNA & $LUNAX liquid staking derivatives being available could see @anchor_protocol, @prism_protocol & @staderlabs rise from the ashes.
Other projects that weren’t necessarily reliant on $USTC like @astroport_fi DEX, NFT marketplaces like @randomearth_io & money markets like @EdgeProtocol might also see increased traffic as the network starts to see increased activity.
Read 6 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

Don't want to be a Premium member but still want to support us?

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!

:(