Terra $LUNA updates 24 May-30 May (Weekly Terra Report)

made by Fynn. Link to my Twitter

Welcome to Fynn’s weekly Terra updates. This week we will be addressing all of the Terra Ecosystem events that occurred throughout the week of May 24th. I would really appreciate it if you all would comment on my Twitter with your feedback and suggestions. Enjoy!

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.

Some good news in a world with too much bad news:

Harpoon Protocol is pleased to announce that they will join the Terra Charity Alliance (initiated by our friends over at Angel Protocol) to further boost a steady stream of charitable donations. As part of this, Harpoon has committed to donating a percentage of ALL fees generated on their protocol & platforms through Angel Protocol. Harpoon Protocol is fully committed to adding to the power of the Terra ecosystem in a sustainable way and is looking forward to having a positive impact on those in less fortunate positions on this wonderful planet.

Updated Terra Charity Alliance. It is rapidly growing!

Terra Weekly Report (Events are in chronological order):

Here is an interesting thread by Ed Weng about anchor loans. Link

Here is a great thread published by Thorchain where the UST peg was discussed. Link

Do Kwon held an impromptu AMA in the Terra discord, where he answered many questions that the community had. If you missed it, here is a document highlighting what happened. Link

“Extreme volatility produced a series of collateral effects across the Terra ecosystem, primarily derived from the short-term peg deviation of $UST and its impact on the volatility of $LUNA and levers of the Terra protocol. There’s a lot to unpack, so let’s dive in” Great Twitter thread posted by Terra. Link

Newly published article on the events of the past few days by Terra Bites. Link

Great video created by The Defiant on Anchor. Make sure to go watch. Link

Here is a great video by CryptoCents where he addresses the UST peg. Link

Here is a great thread on Twitter by Joseph on $UST demand. Link

Great Thread by Mars Protocol how Terra was put to the test throughout the market-wide crash. Link

Again, another great thread posted by Anchor protocol regarding Anchor’s performance throughout the dip. Link to Tweet Thread

Crypto.com lists $MIR! Now tradable in USDT pairs. Link

StarTerra launches its website with graphics and a roadmap. Make sure to go check it out! It looks very nice! Also, if you haven't checked out my article on StarTerra here is the link. Link to newly launched website

Terra’s integration with WalletConnect — an open-source protocol designed for dapp<>wallet connectivity — is now live, enabling users to access full Anchor, Mirror & Terra Bridge functionality through Terra Station. Link

New safeguards added to Anchor: Link
40% is now the max LTV allowed and the borrow limit graph changed to LTV

A good summary of Columbus-5 upgrade changes by Joseph. Link to thread

Terra Money to partner with Unslashed Finance to provide UST peg insurance. Link

Arrington XRP Capital seems to be sticking around in Terra and states that he has invested in multiple projects in the Terra Ecosystem. Link

The highly anticipated Columbus-5 Bombay Testnet goes live! Link

Great Article made by Derek Lee on the Terra ecosystem. Link to Medium

Apeboard.finance added impermanent loss tracking on their dashboard. Link

Mars Protocol releases their Litepaper Link to Medium Link to Tweet

Terra announces that Matt Cantieri will be the new General Manager at Anchor Protocol. He was previously the Crypto Lead at Microsoft’s M12. Link

Great video by Crypto Dolphin on Current Market Conditions, Mirror Proposal 97, and Delta Neutral Strategies. Link

If you missed the AMA here is the recording link. Go check it out!

Make sure to go check out the Babylonians Beginner Guide to Terra. Link

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.

My Twitter Link

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

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