π @terra_money Liquidity Alliance Incentive Boost! π
In early 2023 The Migaloo Foundation announced the Terra x Migaloo Alliance. With 2025 around the corner, we are still committed to that special relationship and are continuing to put our money where our mouth is. π
The Migaloo Foundation has topped up Terra LP Alliance Voter incentives with 4-week linear schedules:
πΈ 80k bWHALE - $LUNA / $USDC
πΈ 80k bWHALE - $LUNA / $WHALE
πΈ 80k bWHALE - $LUNA/ $SOL
πΈ 63k bWHALE - $LUNA/ $ATOM
LUNA/ATOM is a new addition to our incentives on LPA! π
#Migaloo #DeFi #Terra
@simon_warta @CosmWasm@WhiteWhaleDefi uses it for querying the balances of the vault manager to make sure the flashloan operations didn't tampered other tokens in the contract
contribution confirmed at slot 3619
thank you for your help summoning @penumbra <3
here's your contribution receipt (save this to verify inclusion in the final transcript):
3611B136A6A26ABDF983D5DF98BE665EB5EE621520B818B6D16A9732B27E8F25
Lessgo!
Successfully contributed to the summoning of @penumbrazone
Slot Number : 2113
Contribution Receipt (Hash): C455476DFA95D8A0AE6F6682D5340043B4111E72C1B9B6958F83D4E6658EDC6C
π₯
Here is the official Mission List for the Sail Airdrop β΅οΈπͺ
1οΈβ£ Stake 1k native $WHALE
2οΈβ£ Bond amp/boneWHALE to our @Migaloo_Zone Satellite Market (Level 1: 1k/ Level 2: 25k amp/bWHALE )
3οΈβ£ hold in your wallet: #arbWhale, (Level 1: 1.5k; Level 2: 15K)
4οΈβ£ hold in your wallet #vampWhale (1k)
5οΈβ£ Burn $WHALE on the Furnace: (Level 1: 150; Level 2: 1.5k)
6οΈβ£ Provide 1000 amp/boneWhaleT on @ginkou_io as collateral
7οΈβ£ Alliance stake Whale-USDC LP ($100 worth)
8οΈβ£ [Redacted]
9οΈβ£ [Redacted]
The weight of the missions is TBD! We will make data driven decisions based on the numbers that we are seeing. Further missions might be appended.
Happy hunting everybody π³
If you checked out @AbstractSDK a few months ago and were confused, we understand.
Now is a good time to try again. We've been shipping documentation improvements like no other.
https://t.co/6dk2P0qHwq
Details for $SAIL airdrop to @osmosis voters of the Sail DAO proposal:
Total amount of airdrop - 400,000,000 (40% of total supply)
Where to claim - airdrop campaign will be facilated by @coinhall_org through their innovative @genie_coinhall protocol. (link when live)
π’HUGE if True! The Unbonding time on White Whale DEX's across all chains has been reduced from 14 days to 1 day!
What does this mean?
White Whale's DEX bonding mechanism might be one of the most overlooked elements in the Migaloo Ecosystem, but that is about to change. Designed by the Meastro himself @0xSenCom, users can bond their $WHALE lst, either bWHALE or ampWHALE to any of our DEX deployments on any chain, and earn swap fees from that particular DEX on top of the autocompounding yield of the LST. Each White Whale DEX has it's own yield, so the bonders on HuaHua receive a different yield than Terra for example.
Now here's the kicker, the longer you leave your WHALE LST bonded to a chain, the more your mulitpier increases, and you receive a greater share of the reward pool.
Current bonding yields on a few of our DEX's:
Injective: 227.92%
HuaHua: 95.38%
Migaloo: 30.93%
Terra: 21.34%
This is real yield, single asset. And remember these numbers are in addition to the roughly 6.7% yield from the LST autocompounding. To put his into perspective, Astroport is currently boasting 32.8% yield for their stakers, also respectable.
Up until today, there was a 14 day unbonding period for all bonders, but now it has been decreased to just 1 day. This will introduce a new gameified dynamic to the entire Migaloo ecosystem as it enables users to move their bonded WHALE between dex's much more efficiently. So as a particular chain heats up, say Injective, or HuaHua, users can quickly unbond and migrate over to those chains. However, don't forget if you unbond, you lose you're multiplier. Let the bonding games begin!
Happy Yield hunting Migalunatics...
π Airdrop checker is live on Discord for $PRISM holders on Terra Classic!
π You can still earn a $PRYZM #airdrop & be a Pryzm VC by delegating $ATOM, $OSMO or $LUNA to a Pryzm validator!
π More airdrops on the way... join our testnet!
https://t.co/UGsDnjLQGN