Yo degens, anyone remember what Terra Terra 🌍 Powered by LUNA 🌕 was? It was one of the early “DeFi” algorithmic stablecoins with high ambitions, but lost its $1 peg from its peak at near $20B TVL. Today we're bringing Terra back from the grave. Why now? Read on ...👇 1/

0/ A tl;dr on what Mint Cash 🏛️♻️ is If you have found the full Mint Cash whitepaper (mintca.sh/docs/Mint%20Ca…) a bit too long to read, you will find this thread useful

"but ser, that's not how the DSR works" yeah, there were oversimplifications. the DSR is _opt-in_, i.e. only people that stake their DAI with the DSR module and receive sDAI can receive yields. Maker is now Sky claims this is how they implement contraction. We say, not so much.

🌎 The Vision and Path Forward for UST 2.0 🌕 Two days ago, we announced the launch of Mint Cash: a spiritual successor to TerraUSD (UST), a failed stablecoin that tried to become the largest decentralized currency for the masses. The Mint Cash team would like to talk about why

On the original IR deck, when Terra 🌍 Powered by LUNA 🌕 introduced Anchor Anchor Protocol in 2020: "Anchor is able to yield 7~10% APR" on "the Dollar stablecoin", or $UST Those who ignored this warning met only ashes Time to set things right once more Stand with Mint Cash 🏛️♻️

昨天截的这张图，今天Daniel的Twitter不知道为啥被ban了，然后 $ANC Anchor Protocol 被爆拉了87% 😂 难不成，Stablecoin Season要卷土重来？

lol ok, so to respond to some critics' claims on how Mint Cash 🏛️♻️ is merely "using" the Terra 🌍 Powered by LUNA 🌕 $LUNC community to bootstrap our own project: we are probably offering the best deal for $USTC holders so far, EVEN IF you don't believe in us!

(1/n) 🏛️♻️ All things to read about Mint Cash (Updated) ✅ Mint Cash 🏛️♻️ is a permissionless and price-stable payments and savings currency system, denominated in 15+ countries & backed by Bitcoin. ✅ Also sovereign blockchain with Cosmos SDK. ⚛️

WTF is Mint Cash?: A sufficiently simplified read on the Mint Cash stability mechanism, by Shin Hyojin 신효진 🏛️♻️ medium.com/mintcash/wtf-i…

Hear us out: A high yield JPY savings account

Missed us? x.com/mrjasonchoi/st…

T H E B U R N D R O P [ ▓▓▓▓▓▓▓▓▓▓▓▓▓░░░░░░░ ] [*] Initializing... [!] During the burndrop period, Terra Classic users will be able to burn $USTC and redeem $oppaMINT — $MINT call option tokens — and $ANCs (governance token for @SailOnAnchor)

yum 😋

Since yall were asking for more information from us, we will routinely post some of our monetary policy research on our Mint Agora Forum: agora.mintca.sh Join to receive project development updates! (Not accepting third party posts yet)

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