Instead of booting beloved and highly aped LPs out of the Alliance, I think a more reasonable and approach would be to dilute the influence of single sided LPs by giving "Double LUNA" LPs a 2x multiplier to their votes totals.
After a brief hiatus last week, the Community Calls are back!
As usual everyone is welcome to join us and discuss their opinions in a calm and respectful manner ๐ณ
https://t.co/8OUicxplij
What happened with $RUNE makes it clear that few projects in #Cosmos will have the resources to continue developing useful products in the future
Moving forward, the key will be cooperation between projects with common and specific goals. There are highly talented individuals and teams, but by collaborating with others, this growth will only accelerate exponentially.
$bWHALE $bHUAHUA $bLUNA $bJUNO $bOSMO $bINJ
@phoenix_dir and @WhiteWhaleDefi should work together to build Terra.
The Terra Liquidity Alliance (TLA) incentivizes liquidity on Terra via Ve3 model with two competing dexes (Astroport and White Whale). The amount of rewards provided to each white-listed pool is a competitive process with votes determined by the amount of locked $LUNA. Currently the White Whale community has substantial locked $LUNA for ~ 50% of the votes for liquidity, indicating support for Terra by this community.
Terra Prop 4832: Suspend incentives for ampWHALE (@eris_protocol) -WHALE and boneWHALE (@BackBone_Labs) -WHALE LPs. https://t.co/3oEl04nmxU
Not proposed: Suspend incentives for xASTRO (only single asset in TLA; non-tradeable).
"Despite receiving significant liquidity incentives, trade activity within the ampWHALE-WHALE LP and boneWHALE-WHALE LP has been low."
๐ค xASTRO is a single asset that is not even tradeable on Terra and yet it receives $LUNA incentives. Why is single xASTRO not a concern with 0 trading activity?
Terra is providing incentives for White Whale dex.
๐ค TLA incentives are competitively provided based on Ve3 system, so rewards were generated by (i) liquidity and (ii) votes for the LPs.
๐คLiquidity on WW dex is substantial and provided by community members not the WW team.
๐คThe WW dex team has market bought substantial $LUNA and max locked it to direct incentives to Terra LPs. Community members have also contributed.
๐คWW dex has provided minimal liquidity to LST-WHALE LPs, therefore the incentives do not go to the Migaloo Foundation!
Does the @phoenix_dir no longer believe in TLA and how do they plan to compensate users who locked their LUNA to vote on the LST-WHALE LPs?
WW needs to make "significant contributions that directly enhance the Terra ecosystem."
๐ค Ophir Dao (member of White Whale family) is launching a bond market to Terra. The only funding provided by @phoenix_dir was for the audit. What justification is there for stating that WW is not building on Terra?
๐ค The autocompounding LPs (including LST-WHALE - WHALE LPs) are fantastic legos as collateral for a bank that Ophir Dao/ White Whale are working on developing. What justification is there for stating that WW is not building on Terra?
๐ค Astroport has not to our knowledge proposed building on Terra while WW family is deploying its first product.
๐ค Without WW dex, there is no Terra Liquidity Alliance. Does @phoenix_dir want to kill the TLA?
We propose that @phoenix_dir and @WhiteWhaleDefi work together to develop a mutually acceptable development plan for White Whale on Terra. The rules should be applied fairly to all TLA participants.
This prop does not benefit Terra or WW.
Robostaking votes NO on Prop 4832 and Yes on Prop 4830 (reinstate Carbon LPs) to keep TLA competitive and open.
Robostaking has launched Terra and Jackal validators that are in the active set. If you appreciate an independent, community validator with a low 5% fee, please consider (re)delegating to us.
Disclaimer: Informational. #DYOR. #NFA. You may lose your funds in Crypto. Robostaking is a validator on Terra, Jackal, Migaloo, Orai, Odin, and Seda. Robostaking owns ASTRO.
Robostaking's third Terra commission 100% max locked on TLA and voting for @BackBone_Labs LPs.
๐คRobostaking supports @Skeleton_Punks
Robostaking collected its third commission for its Terra validator, converted 100% into arbLUNA, maxed locked on TLA, and voted for the following LPs on
@WhiteWhaleDefi
dex on TLA:
- LUNA -bLUNA (Project)
- WHALE - bWHALE (Single)
- LUNA - wSOL (Bluechip)
- LUNA - USDC (Stable).
Why arbLUNA, you ask. Following @Migalunatic's advice, we converted LUNA to arbLUNA. arbLUNA currently yields ~44% APR and has been elevated for months, suggesting the high yield will continue. The high yield means we are accumulating more LUNA with time, and hence more votes for the BBL pools. Win - Win - Win. arbLUNA also benefits bLUNA by maintaining its peg to LUNA in LUNA - bLUNA LP.
Robostaking has launched Terra and Jackal validators that are in the active set. If you appreciate an independent, community validator with a low 5% fee, please consider (re)delegating to us.
Disclaimer: Informational. #DYOR. #NFA. You may lose your funds in Crypto. Robostaking is a validator on Terra, Jackal, Migaloo, Orai, Odin, and Seda.
~20% arb on $bWHALE. Steps to earn the arb in 21 days.
1โฃ Check the current arb by using https://t.co/wL6Hqn69yZ.
Migaloo: https://t.co/d0GEUcsdJj
Terra: https://t.co/BUXPbYAh8S
2โฃ Move your $WHALE from Migaloo to Terra chain via IBC. (reason: liquidity is better on Terra. Otherwise: do small swaps on Migaloo).
3โฃ Swap using https://t.co/RkWZMwi7pt or https://t.co/wL6Hqn69yZ.
4โฃ Move $bWHALE from Terra to Migaloo using IBC.
5โฃ Unstake $bWHALE on https://t.co/IQ62ekfMzs. (see tabs)
6โฃ Wait ~21 days, then claim $WHALE. (see tab to right of unstake)
Arb complete.
Robostaking has launched Terra and Jackal validators that are in the active set. If you appreciate an independent, community validator with a low 5% fee, please consider (re)delegating to us.
Disclaimer: Informational. #DYOR. #NFA. You may lose your funds in Crypto. Robostaking is a validator on Terra, Jackal, Migaloo, Orai, Odin, and Seda.
๐จ 48.75% APR on WHALEx i!
WHALEx (WHALE/wBTC LP) is now trading on @WhiteWhaleDefi !
โ Earn high yield
โ Watch for arbitrage opportunities
Coming soon:
๐ @Ophir_DAO bonds to grab $WHALEx at a discount.
Jump in now โก๏ธ https://t.co/X2Uo9sJnj2
๐ RT to spread the word!
#GMCBirthday Joining the GMC was my best move in crypto. I learned so much, shared many laughs and found new frens along the way.
Find a community where you fit in and your personal crypto journey becomes way different.
Happy birthday to us! May there be many more.
๐๐ดโโ ๏ธ๐ซก
โ๏ธ Hydro Liquidity deployment โ๏ธ WhiteWhale has secured a further 10,000 $ATOM in liquidity from round 2 of @CosmosHubโs Hydro, built by @informalinc, to be deployed to the $ATOM / $dATOM pool on @Terra_Money
Using Hydroโs bidding system WhiteWhale has secured over 13,000 ATOM in Liquidity for @terra_money (@phoenix_dir) over two rounds ๐ฅ $ATOM / $dATOM liquidity providers are also eligible to receive Droplets from @dropdotmoney. Just link your Terra address to Neutron using @Eris_Protocol๐ง
The #LUNAtics are always open for collaboration. We wish to build more perfect DeFi and to defend decentralization for all around the world.
@IOHK_Charles, $LUNA V2 is our chain and @phoenix_dir is our leadership.
Let's get $ADA on chain and receiving yield. ๐ค
Learn more about Terra Liquidity Alliance with this cool dashboard from @deving_zone ๐ข
It contains links to tutorials from the likes of @orbital_command and @TheLionDAO ๐ฆ
Moreover there are @PulsarFinance links showing LPs provided to both @astroport_fi and @WhiteWhaleDefi DEXes through Terra Liquidity Alliance ๐
Dashboard link โคต๏ธ
https://t.co/YaJxAeKi9n
$WHALE is gonna blow. Collect your bag now. Criminally undervalued.
There are multiple reasons to consider investing in $WHALE.
๐ Dex only TVL to MC is ~4.9, so a 10x increase in price results in fair value. TVL is dex only and does not include staking, LSTs, etc), so total TVL to MC is much higher than 5.
๐ Dex TVL has grown massively with the Terra Liquidity Alliance (TLA) over the past few months. Increased >10x to $7.8M. Dex tx volumes have also increased.
๐ Daily buybacks from dex profits have exceeded inflation (~60k) for months. Increased burn fees are reducing the net inflation.
๐ Terra Liquidity Alliance rewards to LPs on White Whale dex @ Terra are still increasing, increasing dex TVL and tx volumes. TLA rewards to WW LP holders is >$3M annually for a 1.6M MC chain. ๐คฏ
๐ #WHALEprints. Multiple avenues to earn high yields:
- Dex bonding (with multipliers >300% for holding). Current 7-yields on Terra and Migaloo are >90% without taking multiplier into consideration (see @deving_zone )
- WHALE - wBTC LP on Migaloo yields ~200%. Autocompounding to be released soon with $WHALEx.
- Many TLA LPs yield > 100% with autocompounding available through @eris_protocol for tax advantaged gains.
๐ Pending improvements to Migaloo chain: $WHALEx, Migaloo command (central hub), auto repaying loans, bonding, and revamp of Restake Dao. All should add value.
๐ Team is financially stable with multiple sources of income (including their validators), so Migaloo will not fold.
Buying now, and TLA staking in WHALE - bWHALE LP with autocompounding yields 193% APR may result in outsized returns. Purchasing $bWHALE at a discount through the dex (currently >6% arb) further boosts your returns.
Robostaking launched Terra and Jackal validators that are in the active set. If you appreciate an independent, community validator with a low 5% fee, please consider (re)delegating to us.
Disclaimer: Informational. #DYOR. #NFA. You may lose your funds in Crypto. Robostaking is a validator on Terra, Jackal, Migaloo, Orai, Odin, and Seda.
Community Calls are back with a bang for 2025!
Tune in tomorrow at the usual time of 15:00 UTC.
Get involved by supplying questions below, in discord or request to speak on the spaces ๐ณ ๐ฅ
https://t.co/SqbmjfPEMM
Robostaking's second commission 100% max locked on TLA and voting for @BackBone_Labs LPs.
๐คRobostaking supports @Skeleton_Punks' goal of directing rewards to BBL LPs.
Robostaking collected its second commission for its Terra validator, converted 100% into arbLUNA, maxed locked on TLA, and voted for the following LPs on @WhiteWhaleDefi dex on TLA:
- LUNA -bLUNA (Project)
- WHALE - bWHALE (Single)
- LUNA - wSOL (Bluechip)
- LUNA - USDC (Stable).
Why arbLUNA, you ask. Following @Migalunatic's advice, we converted LUNA to arbLUNA. arbLUNA currently yields ~89% APR and has been elevated for months, suggesting the high yield will continue. The high yield means we are accumulating more LUNA with time, and hence more votes for the BBL pools. Win - Win - Win.
arbLUNA also benefits bLUNA by maintaining its peg to LUNA in LUNA - bLUNA LP.
Robostaking launched Terra and Jackal validators that are in the active set. If you appreciate an independent, community validator with a low 5% fee, please consider (re)delegating to us.
Disclaimer: Informational. #DYOR. #NFA. You may lose your funds in Crypto. Robostaking is a validator on Terra, Jackal, Migaloo, Orai, Odin, and Seda.
The weekend rewards have been sent!
Thank you for being part of this community SPs
Remember to lock your $LUNA on https://t.co/DBhdgVp4lk
Weโve been locking every $LUNA that finds its way into our bony hands!
$LUNA $bLUNA