Welcome to the Terra Weekly Report #13. This week we will be addressing all of the Terra Ecosystem events that occurred throughout the week of July 19th. 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:
Top 10 Assets by Total Value Locked
Total Value Locked (TVL) is the most important indicator to evaluate the adoption scale of a Crypto Assets by calculating the total value (USD) locked in the corresponding smart contracts. So let’s consider the top 10 best Assets by current Total Value Locked.
Should you stake $MINE? Link to Tweet - Link to Medium
In this article from Joseph, he proposes integrating Anchor Protocol with one of the most exciting “play-to-earn” games being developed on Solana: DeFi Land. Link to Medium
Governance Prop #4 to raise the Max LTV parameter for bLUNA from 50 → 60%, increasing Anchor’s capital efficiency, has passed. Link
This past Friday Do Kwon explained synthetic equities trading on blockchain on the Bloomberg podcast “What Goes Up”. Catch the episode here. Link
TerraUSD 1-Day Social Volume is up 507.4% on 3.1k total social mentions. Link
New platform “White Whale” announces itself on Twitter. Link
Setten.io launches a telegram bot that alerts you when a terra address has an LTV ratio above the safe threshold on Anchor. Link
Astral Money announces the release of Astral Payments!!
Telegram: https://t.me/AstralMoneyOfficial
Website: https://astral.money/
Tweet: https://twitter.com/astral_money/status/1417739403745660930?s=21
A thread on why you should buy and stake $MINE. Link
The Lido Node Operator Subgovernance Group has evaluated 25 new Terra applications. 8 providers have been approved by the Lido DAO to be added as whitelisted bLUNA node operators. Link
Crypto.com now enables recurring LUNA purchases. Automate your purchases weekly, bi-weekly, or monthly. Link
Ryan Park of TFL notes that ~30% of all UST in existence is now parked in Anchor lending. Link
TerraDrops.io releases teaser video showcasing airdrop claiming functionality. Link
DeFi Saftey gives Anchor protocol score of 75% — the highest score given to any non-ethereum defi application to date! Link
Luna is now supported on Celsius Network! Link
Catch Do Kwon’s latest interview on the “This Week in Startups” podcast. DK starts at time stamp 22:38. Link
Prism protocol posts Twitter thread explaining how it will work. Link
Anchor Protocol Max LTV officially Increased to 60%. Link
InsureAce begins offering DeFi Insurance for Mirror protocol — smart contract vulnerability for mAssets. Link
Uniswap begins censoring some token listings. These seem to be tokens related to synthetic stocks such as ones related to projects like Synthetix, MIRROR PROTOCOL, Opyn, and UMA. Community begins questioning the ‘decentralized’ nature of Uniswap, as this appears to be in response to regulatory threats. Link
LOOP announces 2 IDOs. Link
Great thread on pylon protocol value proposition from community member Cypher. Link
Excellent thread on the upcoming Columbus-5 upgrade on Terra and why it is significant! Link
Pylon gateway adds Nebula Protocol and Loop Finance to webapp, under “coming soon”, in anticipation of upcoming launch.
Terra DeFi education class gets added to Udemy (free). 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