Terra - Announcements

2021-07-19 19:18:02 Should I stake my MINE?

Here are a few compelling reasons why you should

All forthcoming Pylon Swaps (swap UST for MINE) will feature an early priority queue for MINE stakers and liquidity providers to the MINE-UST pool.

The total amount of MINE staked (calculated via periodic snapshots pre-launch) will determine early allocations into pool entries as well as the maximum amount of UST that investors can commit to each fixed swap pool.

All Pylon Pools will dedicate 20% of accrued yields for MINE token buybacks on TerraSwap, which will be distributed entirely to MINE stakers.

MINE buybacks will go into effect on July 26th, 2021, in order to provide initial buy demand and encourage new MINE holders to stake their MINE holdings. The yields accrued from the ~$10.6M UST deposits on Pylon Gateway (as of today) will be powering the initial annual percentage yield (APY) for MINE stakers.

On a project-by-project basis, additional benefits for MINE stakers may include early access queues, higher maximum deposit allocations, higher rates of project token distribution per MINE staked, exclusive participation in MINE staking pools, and/or project token airdrops.

The platform will be integrating benefits for long-time MINE stakers, with snapshots taken periodically to determine user MINE holdings over time.

The platform will also feature a MINE stakers leaderboard wherein the top MINE stakers in a given category will receive VIP perks.

The two project token launches are coming to Pylon Gateway later this month.

Remember that Pylon Protocol encompasses much more than a fair project launchpad: it is a new DeFi standard for yield redirection and sustainable payments via cashflow.

In essence, the more MINE you hold and the longer you hold it, the more benefits you’ll get on forthcoming Pylon and Terra projects.

https://medium.com/terra-money/pylons-mine-staking-rewards-be3636fed15b

https://twitter.com/pylon_protocol/status/1417150482208858112?s=21 Open / Comment

2021-07-17 09:49:03 Check out Do Kwon discussing synthetic equities on Bloomberg’s “What Goes Up” Podcast with Michael P. Regan!!

https://www.bloomberg.com/news/articles/2021-07-16/do-kwon-explains-synthetic-equities-trading-on-blockchain

Retweet: https://twitter.com/terra_money/status/1416153284054863880?s=21 Open / Comment

2021-07-17 09:07:40 Unslashed Finance officially announces listing of Terra's $UST depeg policy!

Insure your $UST against depeg and sleep tight: https://app.unslashed.finance/welcome

Retweet: https://twitter.com/unslashedf/status/1416107685578219526?s=21 Open / Comment

2021-07-16 21:28:40 Don’t forget to check out the detailed medium article on “Terra Ecosystem Fund”!!

Detailed Medium Article: https://medium.com/terra-money/introducing-the-150-million-terra-ecosystem-fund-6aee01629edc

Terra Ecosystem Interest Form (for projects): https://airtable.com/shrN4ydO8nZcMa0ku Open / Comment

2021-07-16 19:31:39 Terra - Announcements pinned a photo Open / Comment

2021-07-16 19:30:40 Announcing Terra Ecosystem Fund-the next adoption wave on Terra!!

Ecosystem Fund will serve as a capital foundation for builders to access the resources of the industry’s leading investors to manifest their vision for apps, protocols, & tooling on Terra!

Terra Ecosystem Fund is supported by capital commitments of $150 million from an all-star team of investors, including:

Arrington XRP
BlockTower
Delphi Digital
Digital Galaxy
Hashed
Lightspeed
Pantera Capital
Parafi Capital

And many others!


Which projects will be eligible for the Terra Ecosystem Fund

Build a protocol or application directly on the Terra blockchain

OR

Use Terra assets (e.g., UST, mAssets, aUST, ANC, MIR, etc.) in a meaningful way


More details here: https://techcrunch.com/2021/07/16/crypto-investors-like-terraform-labs-so-much-theyre-committing-150-million-to-its-ecosystem/

Retweet: https://twitter.com/terra_money/status/1416066201189556224?s=21 Open / Comment

2021-07-15 21:24:55 Make sure to check out Do Kwon on @SCB10X_OFFICIAL's "Redefine Tomorrow 2021" Global Virtual DeFi event on July 23rd at 13:00 BKK time (GMT+7)!

https://www.zipeventapp.com/e/REDeFiNETOMORROW2021

https://twitter.com/terra_money/status/1415139421867941888 Open / Comment

2021-07-15 13:58:19 The Mirror community has spoken: Polkadot, Square, & AMD are now up on Mirror!!

https://twitter.com/mirror_protocol/status/1415600281195225089 Open / Comment

2021-07-14 09:38:55 Anchor yield reserve has now been replenished with 50 million SDT (~70 million UST)!

More details here: https://t.me/Luna_Terra_Lounge/660

Retweet: https://twitter.com/anchor_protocol/status/1415191473067200513?s=20 Open / Comment

2021-07-13 06:46:38 Welcoming Harmony Protocol to Terra!

Harmony is now available on the Terra Bridge interface.

Port $UST to Harmony and back with a few clicks.

Link: bridge.terra.money

https://twitter.com/terra_money/status/1414788308757012485?s=21 Open / Comment