PaJacx

[PaJacx @PPalamylc]

@ICEgov In Florida, there are many undocumented immigrants and visa overstayers living on farms

[PaJacx @PPalamylc]

@TrumpweTrust47 @RaeRae680236 @PeterDiamandis @CMDRVALTHOR @catturd2 @Shannon_Pool @Gardiner_AZ @JTaylorForMAGA @KipDynamite0304 @GuntherEagleman Yes, yes, yes...check it out.

[PaJacx @PPalamylc]

@MAGAVoice 👏👏👏👏👏👏👏

[PaJacx @PPalamylc]

@ChairmanSelig @CFTC Thank you very much 🙏

[PaJacx @PPalamylc]

@bgarlinghouse @realDonaldTrump @SECPaulSAtkins @ChairmanSelig Good news 👏 👏👏👏

[PaJacx @PPalamylc]

@SECPaulSAtkins @realDonaldTrump @ChairmanSelig @WhiteHouse Thank you so much Sir

[Leonardo @LeonardoLUNC]

There coming 😎

[PaJacx @PPalamylc]

@SECPaulSAtkins Thank you Sir 🤝👏

[PaJacx @PPalamylc]

@Ripple Please keep moving forward. If South Korea can do it, why can't other countries @Ripple This is the hope of the XRP community 🥹🥹🥹

[PaJacx @PPalamylc]

@pete_rizzo_

[Leonardo @LeonardoLUNC]

🏦 A quick look at the UST1 CMM Treasury page

The Treasury page provides a transparent, live view of the assets backing the CMM and how the system is collateralised.

🔗 https://t.co/bwx2ttYVqR

🔹 Treasury Assets

You can see the assets currently held by the CMM, including USTC, LUNC, vFDUSD, SpaceUSD, ALPHA and protocol-owned liquidity positions.

💧 LP Positions

If you see something like “95.73% of pool”, that simply means the CMM Treasury owns 95.73% of that liquidity pool.

The eligible value of those LP positions can also contribute toward the CMM's collateral backing, while the system avoids double-counting assets already represented elsewhere.

🪙 Token Issuance

The page also shows the current supply of:

• UST1
• USTR
• cLUNC
• cUSTC

📊 Collateralisation Ratio

This is one of the most important numbers on the page.

It compares the eligible assets held by the CMM against the outstanding UST1 liability.

For example, a CR of 4,879% means there is roughly $48.79 of eligible backing for every $1 of UST1 currently outstanding.

The reason it is currently so high is simple: very little UST1 has been issued compared with the assets already sitting in the treasury.

The CMM documentation defines the operating tiers as:

🔴 Below 95% - locked
🟡 95–110% - rebuild collateral
🟢 110–190% - normal operations/redemption
🔵 Above 190% - UST1 minting enabled

So once the CR is above 190%, the system enters the blue tier, and new UST1 can be minted for ecosystem distribution.

Part of that newly created UST1 is intended to support the USTR buy-and-burn programme, as well as rewards for USTR and UST1 staking.

🔍 The important thing here is transparency.

Instead of simply being told that UST1 is collateralised, anyone can open the page and see the treasury assets, liquidity ownership, token supply, collateralisation level and which operating tier the system is currently in.

This has been 3 years in the making; for those screaming for a USTC repeg, this is it

This is why Ceramic built a DEX

https://t.co/olnpXDsfH2

This is why Ceramic built a BRIGDE

https://t.co/QHV5hio1L6

Don’t trust. Verify.

https://t.co/IIvTa3Whwr

#UST1 #USTR #USTC #LUNC #TerraClassic #DeFi #Stablecoin #Crypto

[PaJacx @PPalamylc]

@BSCNews @coinbase @Ripple @chainlink Even as Project CLARITY remains delayed. They will gather to provide insight into the new technological era shaping America's future and DO NOT to let personal matters interfere in national and public affairs 😅😅

[Leonardo @LeonardoLUNC]

📢 CL8Y DEX - Adding Assets to Keplr

A few people are asking how to get CL8Y DEX assets to show up in Keplr.

Make sure you are connected to Terra Classic (columbus-5), then add the following CW20 contracts manually:

🔹 CL8Y

terra16wtml2q66g82fdkx66tap0qjkahqwp4lwq3ngtygacg5q0kzycgqvhpax3

🔹 vFDUSD

terra1mnl9azefrqpmu888ar2u6zrcwr80hxlt3avf4300r576cw5ar7esvxsvj3

🔹 UST1

terra1f0eqgy9w7e5e7up97vjudqwx38tesf8ylx75x2lv3nwm0clry0pqmgfy72

These are the Terra Classic CW20 contract addresses, not wallet addresses. 🙂

🔗 CL8Y DEX: https://t.co/olnpXDsfH2

#CL8Y #LUNC #USTC #TerraClassic #DeFi

[Leonardo @LeonardoLUNC]

@Frith64469433 Try it; I just grabbed this screen from CL8Y DEX

Ceramic has just gone live with pairs, so expect a few wrinkles to be ironed out; it's why the LPs started small

That's a straight swap

Remember, no more USTR will be created until the next USTC conversion window 😃

[Leonardo @LeonardoLUNC]

🚀 CL8Y DEX UPDATE — ECONOMIC TRADING IS NOW LIVE

CL8Y DEX has taken another major step forward, with live economic trading now underway on Terra Classic.

Current live pairs :

🔹 cUSTC / UST1
🔹 USTR / UST1
🔹 cLUNC / UST1

A small amount of test liquidity was first added to the cUSTC/UST1 and USTR/UST1 pairs so the DEX could begin operating under real economic conditions while keeping early-stage risk controlled.

Since then, two further updates have landed:

⚙️ Fee schedule updated

The trading fee structure has been adjusted to encourage limit-order and market-making activity, making the CL8Y DEX more attractive to active traders, bots, and liquidity providers.

🌕 cLUNC/UST1 trading added

cLUNC/UST1 is now available using community-provided liquidity, rather than CMM-provided LP.

This builds on the infrastructure already put in place over the last few days:

✅ UST1 ↔ vFDUSD conversion live
✅ USTC and LUNC wrap/unwrap live
✅ cUSTC and cLUNC backed through the CMM treasury
✅ Live economic liquidity introduced
✅ Limit-order incentives improved
✅ cLUNC trading now available
✅ Community liquidity beginning to appear

This is still the early economic phase, so liquidity remains small and testing continues. Anyone using the DEX is encouraged to report bugs or unexpected behaviour.

🔗 https://t.co/olnpXDsfH2

The important change is that CL8Y DEX has moved beyond non-economic testing.

Real assets. Real liquidity. Real trades. Now we see what the market does with it. 🔥

#CL8Y #LUNC #TerraClassic #USTC #USTR #DEX #DeFi

[PaJacx @PPalamylc]

@misspaulata700 I feel like this guy is always hyping up XRP, but in reality, there's nothing to it

[Leonardo @LeonardoLUNC]

I’ll raise a GitLab issue for the mobile WalletConnect flow 👍

In the meantime, you could try connecting through Keplr Mobile:

1. Open the Keplr app
2. Open Keplr’s in-app browser
3. Navigate to the dApp
4. Tap Connect Wallet → Keplr

That should let you connect on the same device without needing to scan a QR code. Let me know if that works 👍

[ジュンイッチ（Junicchi） @11Junicchi11]

👀👀👀💡

#USTR
#UST1
#LUNC
#USTC

[Leonardo @LeonardoLUNC]

Why is Ceramic building UST1 as an unstablecoin rather than promising a rigid $1 peg?

The original UST tried to ensure stability through LUNA minting. Under extreme pressure, that mechanism became a death spiral.

UST1 accepts temporary instability to protect collateral and give the underlying system a chance to survive.

🎥 Here is the difference explained in three minutes.

📖 https://t.co/Nyvi9oqmm0

Music: “Tech Ambient” by Tunetank via Pixabay
https://t.co/ljsUa0RQUg

#UST1 #USTC #LUNC

[Leonardo @LeonardoLUNC]

Yes, broadly, that is the idea.

The Collateral Diversification Strategy is meant to build backing when assets are relatively cheap, rather than waiting until after they have already appreciated. A bear market can therefore be an attractive accumulation period.

The first USTC → USTR conversion window has already passed. The next conversion window would occur once the infrastructure has been fully deployed and sufficient collateral is in place to safely handle additional USTC debt conversions.

So I wouldn’t frame it as “USTR price must pump first.” What matters more is achieving the conditions under which the next stage can be deployed sustainably without weakening backing or liquidity.

In short: cheap assets are an opportunity, but the protocol still has to be ready, both technically and in terms of collateral, before taking on additional USTC conversions.

The economics and mechanics are explained in more detail here:
https://t.co/Nyvi9oqmm0