1/ Band Protocol will permanently cease price feed support for Terra Classic, including Mirror Protocol, at 5AM UTC on August 26th, 2022. Without price feed support, the protocol will no longer function.
1/ Official Announcement: On August 26th 2022, 5 AM UTC, Band Protocol will cease price feeds support on Terra Luna Classic, meaning that Mirror Protocol’s feeds will also be stopped (@mirror_protocol).
👇Read thread for full details
1/ Band Protocol will permanently cease price feed support for Terra Classic, including Mirror Protocol, at 5AM UTC on August 26th, 2022. Without price feed support, the protocol will no longer function.
1/ Official Announcement: On August 26th 2022, 5 AM UTC, Band Protocol will cease price feeds support on Terra Luna Classic, meaning that Mirror Protocol’s feeds will also be stopped (@mirror_protocol).
👇Read thread for full details
7/ You can find the proposal's details published in the link below, which will be initiated as a governance poll following community feedback.
https://t.co/1rHgtGPNv9
1/ As a fully decentralized protocol governed by the holders of the $MIR token, it’s crucial that all MIR stakers participate in important governance matters, such as parameter changes and contract migrations for the future of the protocol.
6/ This proposal suggests that the reward distribution be higher for those actively voting on Mirror governance, splitting the distribution to non-voters at 30% and to voters at 70%, respectively.
💻 While delta-neutral trading strategies can be done manually, doing so is complex.
🙌 Aperture Finance has designed a simple, one-click solution to easily execute a DN strategy for synthetic assets, including synthetic stock tokens on @mirror_protocol.
#OnlyOnAperture
🎉Good new: $MIR is listed on @krakenfx
🔥 @krakenfx is a United States-based cryptocurrency exchange and bank, founded in 2011. Kraken provides trading between cryptocurrency and fiat currencies.
👉Trade now: https://t.co/mxjAPsIxBa
#TERRA#LUNATICS@mirror_protocol
Soon, they will be using their $LunaX as collateral on @anchor_protocol and @mirror_protocol.
Many other options are coming too!
Plus...
We are actively promoting current staking rewards on Terra to attract even more users.
It's a great way to increase your yield from 20% to 40% APY, however, it's not completely delta neutral.
I know the @mirror_protocol team is working on making new strategies, and I think we will see lots of interesting things from them going further into 2022.
/28
An in-depth analysis of the delta-neutral strategy with @anchor_protocol, @mirror_protocol, and @SpecProtocol, and how Aperture automates this strategy at scale. Join our waitlist for our Private Beta in January 2022!
https://t.co/4MmywTlO2a
Last week we submitted 2 proposals.
The first one is to include $LunaX as a collateral asset on @mirror_protocol.
Just imagine having all the usual Stader benefits like auto compounding...
Plus censorship-resistant, "mirrored" versions of real-world assets, too.
1/ A new Mirror Forum post is proposing to delist $ANC and $MIR as collateral types in light of the pending transition of MIR-UST and ANC-UST rewards from TerraSwap to @astroport_fi 👇
https://t.co/cCqKjJatx7