Terra $LUNA updates 26 July-1 Aug(Weekly Terra Report)

4 min readAug 2, 2021

Welcome to the Terra Weekly Report #14. This week we will be addressing all of the Terra Ecosystem events that occurred throughout the week of July 26th. A LOT has occurred this week! Enjoy!

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.

Weekly News:

Orion Money partners with Frax Finance to bring FRAX stablecoin to Orion Saver. Link to Tweet

New blockchain insurance platform Risk Harbor will be offering protection against UST depegging events starting in as soon as 1–2 weeks, at an amazing rate of just 0.1%! Link

New Terra ecosystem entity “Validator Watchtower” pops up. Dedicated to promoting decentralization on the Terra blockchain. Follow them on Twitter here: https://twitter.com/terravalidator?s=21

Two clarifications on this week’s $MINE airdrops for $LUNA stakers. Link

TerraDrops.io officially launches. On their site, you can claim all of your Terra ecosystem airdrops in one transaction! Link

Great thread comparing how different popular stablecoins are backed. Link

Twitter lunatic ‘Anonymous’ points out that after the 1.1m Luna burn today, the liquid circulating supply of Luna falls below 100m for the first time ever.

Phuture announces integration with @mirror_protocol to offer tokenised equities within Phuture indices!

Terra Cards is now on Twitter! https://twitter.com/terra_giftcards

Wall Street Bets drops Teaser of their upcoming new Dapp to trade “stonks” on ethereum. The teaser pic shows UST trading for mAmazon, suggesting that the App will use mAssets and essentially be a new UI/UX for mAsset trading! Link

Transak Finance now supports UST!!

TerraUSD featured in new article highlighting the growth of stablecoins in the last few months! (subscription required) Link

GitHub commits suggest bETH could be very close to coming to Anchor protocol! Link

Latest issue of Our Network, an on-chain analytics newsletter, shows staggering growth for L1 blockchains including a great section on the Terra Blockchain user growth over the last few months. Link

LUNA is now available for exchange on Changelly! Link

Beefy.Finance adds LUNA-DFYN vault to its platform. 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. We need MORE people to be introduced to this rapidly growing 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.

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Orbital Command Twitter: https://twitter.com/orbital_command