Lighthouse Defi

Liquidations all at your fingertips, with no hidden strings and fees attached.

Make Lighthouse Your Defi Home!

[Lighthouse Defi @LighthouseDefi]

We're back... and better than ever... coming in the Near future 👀

[Lighthouse Defi @LighthouseDefi]

GM! Who doesn’t love checking up on their favorite liquidator? Alpha testing soon 👀👀 (note live data isn’t on yet!) $near $brrr

[Will Chen @stablechen]

The community is deciding on a new @terra_money, between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA.

We must salvage the remaining value in the ecosystem & community and rebuild the right way

[Jay Jaboneta @JayJaboneta]

If this is truly the end, I hope we can consolidate all the #Terra projects (DeFi, NFTs, etc.) into one coalition and collectively decide:

a) Which chain to move into?
b) Whether there is a possibility of forking Terra and building there instead?

Your thoughts?

$LUNA $UST

[Anchor Protocol @anchor_protocol]

1/ It’s the moment you @solana bulls have been waiting for…

$bSOL is coming to Anchor as a new collateral type! 🎉 Upon execution, users will be able to borrow $UST against their $bSOL up to 60% LTV.

[Alice @alice_finance]

One step at a time...

[Lighthouse Defi @LighthouseDefi]

Get to voting folks! bSOL incoming!!!

https://t.co/0wLwmpQMkC

[Anchor Protocol @anchor_protocol]

1/ Following @AcalaNetwork’s plans to join @wormholecrypto, Acala & the Anchor Protocol community will be working together to grow the decentralized stablecoin space through a variety of integrations spanning the @terra_money & @Polkadot ecosystems! 🎉🎉🎉

Anchor 🤝 Acala

[Lighthouse Defi @LighthouseDefi]

Well then… its quite an eventful weekend hope everyone is enjoying catching some cheap Luna! 😎

[Richard Seiler @richardseiler]

Is it any wonder $LUNA is making moves, there is a lot going on here ⭐️⭐️⭐️(credit @Terrians_ ) - hands down the most sound algo stablecoin $UST and now the @LFG_org strategy with $BTC reserved.. this is a power narrative right here 💪🏼⚡️⚡️⚡️@stablekwon

[Lighthouse Defi @LighthouseDefi]

@itsleowithadot @j8hnny1369 Yes correct. Its an integrated tax on any transfer of stablecoins, see Terra Tax in the docs link above.

[Lighthouse Defi @LighthouseDefi]

@itsleowithadot @j8hnny1369 To add here is the Terra documentation: https://t.co/Xyn4SLAa6E

Any stablecoin transfer (in this case to Anchor Earn) is subject to the Terra tax.

[Lighthouse Defi @LighthouseDefi]

@itsleowithadot @j8hnny1369 That’s a fee tagged on from the Anchor Earn smart contract. We don’t charge any bits to interact with it, so any fee you see on the liquidation contract or savings contract comes directly from Anchor.

[Lighthouse Defi @LighthouseDefi]

Luna right now…

[Big Brain Kasey 🧠 @BigBrainKasey]

Gm! 🏌🏼‍♂️everyone enjoy your weekend!

[Lighthouse Defi @LighthouseDefi]

@kashdefi 😉

[Lighthouse Defi @LighthouseDefi]

This week's update is a bit shorter since it would be beneficial to have a more in-depth article explaining the cross-chain bits in the space! Stay tuned! 👀👀

[Lighthouse Defi @LighthouseDefi]

Update #6 is out now! https://t.co/nP9UBY62A7

[Lighthouse Defi @LighthouseDefi]

@JojoLeMerou8 @avalancheavax @anchor_protocol @stablekwon @wormholecrypto @traderjoe_xyz We'll have a guide up on Medium as well, but a little hint is we're going to implement a streamlined process for swapping the liquidated savax (wasavax) back into UST. Keep a lookout 👀👀👀

[Lighthouse Defi @LighthouseDefi]

Pool’s Open 👀👀👀, Jump In 🏊‍♂️! @avalancheavax

[Lighthouse Defi @LighthouseDefi]

@JojoLeMerou8 @avalancheavax @anchor_protocol @stablekwon It's a bit of a manual process. Right now, you have to unwrap the liquidated collateral (wasavax) into (savax) via @wormholecrypto and then trade it through an available @avalancheavax dex such as @traderjoe_xyz. Then you would swap back to UST and wormhole it back to Terra.