Home of Galactic Punks & Ordinals Stake GPs on DAO DAO https://xitter.cf/t.co/xKgLBIDMFS
Terra 🌕
Joined August 2021
- Tweets2.9K
- Following498
- Followers31.7K
- Likes4.9K
Galactic Punks retweeted
Terra validators, @binance are prepared for the upcoming network upgrade, are you?
Upgrade height: 22942000
Estimated Time (UTC): Sep 21st 2026, 14:48:34
binance.com/en/support/annou…
Galactic Punks retweeted
Additional chain-owned liquidity has been deployed by Phoenix Foundation.
• PAXG–wBTC.atom LP
• USDC–wBTC.atom LP
Chain-owned liquidity supports deeper markets and strengthens liquidity infrastructure on Terra.
Current treasury positions can be viewed via the Liquidity Alliance DAO: dao.phoenix.money/dao/terra1…
Galactic Punks retweeted
WBTC on Creda now has two paths:
• Boosted APR (Liquidity Alliance)
• Collateral (borrow & deploy)
Two different paths but with the same outcome. Putting capital to work.
Galactic Punks retweeted
This is how I'm turning WBTC into a productive asset on Terra.
I'm using the new @creda_finance money market to generate yield 📈
Step 1: supply WBTC as collateral
Step 2a: borrow USDC to provide liquidity to the USDC–SOLID LP on @eris_protocol, current APY 40%
Step 2b: borrow USDC to buy more WBTC. Provided WBTC goes up in value, I can sell for additional profit
Galactic Punks retweeted
A simple way to put capital to work on Creda.
Supply → Borrow → Deploy
Unlock liquidity without selling your assets.
Galactic Punks retweeted
WIND-DOWN OF THE QUARKS WARCHEST
After extensive internal discussion and reflection, we have concluded that the most responsible next step is to wind down the Quarks Warchest in a transparent, and structured manner, returning capital directly to active members of the Galactic community.
This Medium article explains in detail why we are doing this, how the distribution methodology was determined, the distribution timeline and how to claim: medium.com/@galactic.quarks/…
KEY POINTS:
- The Quarks Warchest will be split between GQs and GPs.
- In order to receive your share, you must stake your GQs and GPs to their relevant DAOs.
The Galactic ecosystem has spanned chains, cycles, and technologies. Ending this chapter responsibly is in the best interest of the Galactic brand and community. On behalf of the entire team, we are deeply grateful for the support, belief, and participation over the years.
Galactic Punks retweeted
I'm quite happy with the yield I'm generating on Terra, using a combination of @creda_finance and Terra Liquidity Alliance 🌕
Do you agree with my risk management? Or should I be more aggressive with my LTV?
Full video on YouTube: youtu.be/soYTugDSrlA
Galactic Punks retweeted
The Terra Liquidity Alliance, by @eris_protocol, is a coordinated way to direct liquidity where it’s most useful.
• Protocols offer incentives to attract liquidity to their pools
• Voters decide how $LUNA rewards are distributed to the LPs
• LPs provide liquidity which benefits protocols
Rewards aren’t fixed. Protocols offer incentives to attract votes (bribes). Voters select their preferred pools. LPs earn more when their pool gets more votes.
It's a dynamic ecosystem. If you’ve used @aeroxyz, you already know how this works - voters decide which pools get rewards.
Visit Terra Liquidity Alliance today, to discover the various ways to earn yield.
🌐 erisprotocol.com/terra/liqui…
Galactic Punks retweeted
Top Terra Liquidity Alliance APRs in epoch 170.
This is a place where Voters, Bribers, and Liquidity Providers all come together to participate in an exciting DeFi ecosystem on Terra 🌕
Galactic Punks retweeted
Ok, time to look at some of the positives in Cosmos.
Incredibly, a ray of hope comes in the form of Terra!
Check out these apps which seem to be going from strength to strength:
1) @eris_protocol: erisprotocol.com/terra/liqui…
Arguably some of the best yields available right now.
37.7% APR in ETH.
23.5% APR in wBTC.
4.4% on USDC / USDT.
2) @creda_finance: exclusive.creda.finance/?ref…
The new money market. Even more relevant given what happened to Mars recently.
You can borrow USDC for just 3.5%!
3) @phoenix_dir: phoenix.money/my-portfolio
Brand new portfolio tracker, tracking all your assets across the ecosystem!
4) @solid_capa: app.solidcapa.com/dashboard
Decentralised stablecoin called SOLID can be minted (and paired with USDC on Eris for 38.7% APR!)
5) @votion_money: votion.money/liquidity-allia…
If you hold LUNA, one of the best returns you can get is by locking and voting on Eris. Track all your locks here.
6) @Boost_DAO: boostdao.io/ignite/permissio…
An OTC desk for selling any asset!
I welcome your thoughts!
Ed x
Galactic Punks retweeted
Tired of being rugged on NFTs? Come to Terra! $luna
Here are 5 beautiful NFT collections. Each one is actively developing and has a strong community.
Bellow is basic info about each one.
Explore them here:
app.backbonelabs.io/nfts/mar…
and here:
boostdao.io/ignite/permissio…
🧵⬇️
Galactic Punks retweeted
Orbital Command has voted YES to Prop #4844 🗳️
The 30M $LUNA (~$2.2M) Protocol Owned Liquidity (POL) deployment will increase: (1) liquidity, (2) validator alignment, and (3) community pool revenue generation.
Voting closes on December 2nd. This is the perfect moment for more voices to join the conversation on the Terra Phoenix forum.
1. The plan is to deploy 30M LUNA from the Community Pool into two essential liquidity pools: USDC-ampLUNA and LUNA-ampLUNA on @astroport_fi 🔵
Only 25% of the LUNA is converted into USDC, via Ignite OTC on @Boost_DAO and the Liquidity Alliance portal on @eris_protocol ⚫️
2. With ~15M LUNA converted to ampLUNA, validators locking LUNA on Eris Amp Governance will be able to compete for increased delegations.
3. Part of the proposal discusses how the LP fees will be used: either compounded, growing community pool assets - or burned 🔥
Don’t just watch from the sidelines, join the forum discussion. Governance is stronger when more people are involved!
🌐 forum.phoenix.money/t/draft-…
