Terra $LUNA updates 14 June — 20 June (Weekly Terra Report)

5 min readJun 20, 2021

Welcome to the Terra Weekly Report #8. This week we will be addressing all of the Terra Ecosystem events that occurred throughout the week of June 8th.

Thanks for all the community love and support, some of you requested a donation option, so if you enjoy your read and would like to contribute feel free to use the donation address at the bottom of the page.

This Report/Blog is for informational purposes only! Nothing here is financial advice. Always make sure to do your own research and be aware that anything you invest in is your choice and is at your own risk. Be aware.

Orion Money ALPHA release!

Orion Saver Alpha and EthAnchor are now live! With Orion Saver you can now deposit Ethereum stablecoins $USDC $USDT $DAI & $BUSD for up to 20% APY. Bringing an all-new gateway from Ethereum to Terra.

Visit https://orion.money/ to try it for yourself!

Weekly News:

CTO of Delphi Digital Luke Saunders drops some alpha and discusses 6 projects building on Terra that they have been helping with. Link

Loop Finance plans to integrate with Thorchain to make cross-chain swaps between native assets (BTC, ETH, BNB) and any Terra asset possible.

Joseph with Qi Capital published an article on “Different Ways to Earn on Anchor Protocol” Make sure to check it out! Link to Medium

Mirror V2 new Dashboard

Mirror V2 testnet is now live. Mirror V2 builds on the best of V1, incorporating invaluable community feedback to deliver a number of innovative key features. Link to details

Some changes:

  • Improved incentives for gov participation
  • New collateral options: LUNA, MIR, ANC, aUST
  • Shorting incentives (generating sLP tokens)
  • Pre-IPO assets

Learn how to build Terra-specific dapps at the Zero to Dapp with Terra workshop featuring Terra’s Dev Relations Lead. Link

June 15, 1PM-2:30PM UTC / 10PM-11:30PM KST

Rerun app Litepaper released. It’s an overview of strategy, tokenomics, roadmap, and how our founder used similar habit-building methods after being booted off of a rollercoaster. Link

“Kado is hitting the gas. We’ve been working with some heavy hitters for the past month and we are excited to formally introduce our first round of advisors to the community.” Link

Local Terra Teaser

Local Terra provides teaser photo of their app development progress. Link

More details released on how Pylon Gateway works, as Pylon protocol nears launch. Link

Overview Article on Loop Finance
- Problems and Solutions
- Web and Mobile Interfaces
- The Vision
- Why Terra?
- Roadmap
- Loop partnerships
- Token distribution
and much more…

Link to Tweet-Link to Medium

Gemini exchange lists Mirror (MIR) token. Link to Tweet

Mars protocol thread on differences between Mars and Anchor. Link

Do Kwon comments on some recent events in the Terra ecosystem. Link

Global Virtual Hackathon and Accelerator program “Next Top Blockchain Startup” announces its ‘Defi for the Masses’ tract sponsored by Terra. Link

Do Kwon and Woojin Lim hint that Pylon protocol release is next week!

Detailed thread on UST and Iron by Do Kwon. Link to Twitter thread

Anchor Governance Prop #2 to change the interest rate parameters have been executed. Link

Orion Money completes $1.7M seed round including investors Hashed and Delphi Labs. Link to Tweet

New features coming in Mirror V2! Link

I recently made a donation wallet. Don’t feel obligated, but if you find value in my articles and reports it would be very much appreciated if you left a donation! Here is the address:

Thank you all for reading. This week was filled with a lot of new things for Terra. Share the link everywhere so we can get more people informed about this ecosystem.

made by: Fynn

It would be much appreciated if you all could check out my Twitter because I will be posting articles solely dedicated to different projects joining Terra.

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The orbital command Intel report was used as a source to gather some of this information. If you enjoyed this report, please consider delegating to Orbital Command.

Also, check out their Twitter
Orbital Command Twitter: https://twitter.com/orbital_command




Luna Holder and Believer. Not financial advice