Welcome to the Terra Weekly Report #11. This week we will be addressing all of the Terra Ecosystem events that occurred throughout the week of July 5th. 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:
Staking Mondays with Do Kwon of Terra $LUNA 🌖on DeFi, Staking Rewards & Crypto Mainstream Adoption. Link to video
Loop Finance reveals details on their upcoming soft launch and Airdrops!
Loop finance releases its Tokenomics info ahead of imminent launch
Terra Bites Livestream ln 7/6. Link to Tweet
Terra — Decentralized Stablecoins and The Power of Community with Do Kwon. Link to podcast
Flypsidecrypto stats show a significant increase in new Terra wallets over the past 90 days. Link
New Terra dApp Neptune Finance is announced!
“The first dApp to be built on Anchor’s backend to support the Anchor Protocol”
-The planned upgrades to Anchor on the short-term horizon:
-Introduction of bETH as collateral
-Yield farming bAsset vaults�New liquidation mechanism (liquidation queue)
-Increase bLUNA max LTV to 60%
-Other new collaterals: Following bETH, other PoS staking derivatives including bATOM, bSOL, and bDOT will be added as collateral to Anchor (estimates suggest that these Anchor can sustain $10B in deposits without relying on reserves in long term)
-Algorithmic adjustment of long-term Anchor rates
-Diversification of yield sources
June 2021 Community Update published. Link to Medium
Lunar Crush data shows significant uptick in Terra (Luna) social media mentions and social media engagement in the last 24 hours (up 194%) Link
Mirror Community Update | June 2021 Highlights: Link
- Robinhood, @AMD, @Square, Polkadot are live Gemini
- @Gemini supports $MIR deposits & custody
- -Mirror Market& Flipside Crypto release dashboards — V2 alpha
- Polls to whitelist
- Mirror V2 launches!
Harmony announces ‘full-stack’ partnership with Terra. Link
“This paves the way for UST to migrate to Harmony and to be used on applications in the Harmony Ecosystem” Peter Abilia, Harmony’s VP of marketing
Terra Bites reaches 10,000 followers on Twitter! Doing a 100 Luna giveaway. 10 winners of 10 Luna each. Details in the link. Link to Tweet
Saber is announcing an integration with Terra to launch the first TerraUSD (UST) stable pool on Solana. Starting today, users will be able to trade UST and earn yield by supplying liquidity to the UST-USDC pool. Link
Anchor Community Update — June 2021. Link to Medium
Weekly News Bites from Terra Bites. Link to video
Must-Read thread by Flood Capital on the Value accrual of LUNA. Link
UST and MIR soon to be listed on Bitfinex! Link
Coin98 Wallet integrates with Terra. Link
RenBridge now supports Terra! Link
Terra (LUNA) trending at #1 spot on LunarCRUSH! Link
Introducing Spectrum Protocol on mobile. 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:
terra14zspjxtgtd60pnz82w727804netllqatc662ju
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.
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