Eventful day Volatility Knives out FUD abound Anchor liquidations orderly Terra protocol humming On-chain spreads healthy 3-pool rebalancing Anchor withdrawals stabilized $UST peg fine Ezpz stress test Mr. Kwon watering the plants again Nice try beras gn

🧵 There were 0 liquidations in the Nexus vaults over the past couple days. If you were in there, you were, and are completely safe. Our team is focused on launching the $yLuna and $xPRISM vaults - we expect these to be live early next week.

We all have been bleeding, but we still believe in Terra and our product. That is why we arbed 2k of Luna, 1k for Telegram users and 1k for Twitter. Like, retweet and we will airdrop all arb rewards to random people. See you in 21-24 days. Terra 🌍 Powered by LUNA 🌕 N/A

1/6 On Sunday night, we started seeing a 6x increase in volume of transactions. These were likely bot driven and impeded Terra from being able to use its signature economic model to restore its UST peg. 🧵

Some interesting data on $UST and Terra's Anchor Protocol: - There are 256K Anchor wallets - The top 1000 Anchor wallets own 82% of all UST - The poorest wallet in this top 1000 has 955K UST This is great news for $UST / Anchor depositors. Why? Let me explain.. 1/

Hello, Twitter! Here is my proposal to use the LFG funds to process a capped per-wallet UST to USDC redemption bridge that would make most Anchor users and UST holders on Terra 100% whole. agora.terra.money/t/proposal-tie…

Vitalik (a mind I greatly admire and respect) agrees with my proposal. This is the way forward Do Kwon 🌕

1) This post may be controversial to some. I agree with the take that compensation should be more heavily weighted to smaller UST holders. And this is from someone who had lots of $LUNA and lost 7 figs. This is why 👇🏻

Terra 🌍 Powered by LUNA 🌕 Could you have someone from TFL respond to this proposal? agora.terra.money/t/proposal-tie…

🧵👇 A compilation of why I believe Do Kwon is, at some level, personally responsible for the UST machine and owes something to people who lost millions in savings. Not all the blame falls on him but these factors should be factored in ethically, morally, and legally. 🧵👇

🧵👇 Do Kwon just posted 'Terra Ecosystem Revival Plan 2' on Agora... Here's why it's a bad plan. 🧵👇

This is very sensible in my opinion and perhaps a superior framework to the existing one if we assume Terra 2.0 must assume the 'debts' of Terra 1.0 in order to have sufficient goodwill / legitimacy. medium.com/@mc123456/a-ne…

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