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1/ A third party audit of LFG and TFL's peg defense activity during May 2022 has been published:
1/ Today, LFG releases the technical audit report conducted by JS Held, an experienced third-party auditing firm, providing full transparency into the trading, blockchain records, and efforts of LFG and TFL to defend the price of TerraUSD ($UST) between May 8th & May 12th, 2022.
Do Kwon 🌕 retweeted
if you make your blockchain into a bundle of contracts with "constitutions" etc., govts/courts/law enforcement will treat them accordingly--immutability is not legal
cryptosystems are best treated as people opting out of a rights/duties regime into a powers/incentives regime
Do Kwon 🌕 retweeted
🎉 Announcing: Skip is now live on Terra2!
Fun fact! Skip was founded at a Terra hackerhouse in May.
This is not the *same* Terra, but we're thrilled to come full circle and bring Skip to the Terra2 validators and community 🚀
How to get started 👇
Do Kwon 🌕 retweeted
Genesis, a lending firm, “bought” $1b of UST from LFG in April. This UST was sold into the Curve pool during the early morning hours on Sunday (May 8th), initiating the depeg
The answer to who attacked UST will be found on the Genesis lending book
nytimes.com/2022/12/07/busin…
This is fairly public knowledge at this point, but the large currency contraction that UST went through in Feb 2021 was started by Alameda, when they sold 500mm UST in minutes to drain its curve pools during the MIM crisis
Do Kwon 🌕 retweeted
Help us build the NEW TERRADASH using our newly curated Terra Phoenix data 🤩
Everything from staking rewards, to swaps, governance, and nft sales are now labeled and ready to show off in a dazzling new dashboard. The data is live on @flipsidecrypto.
👇Bounty deets below
Do Kwon 🌕 retweeted
The original Terradash was epic. A dozen of the best analysts in the space, working with each other to produce comprehensive ecosystem metrics, updating with @flipsidecrypto data in near-real time
It wasn't unveiled to the public before the crash
Time to run it back
Help us build the NEW TERRADASH using our newly curated Terra Phoenix data 🤩
Everything from staking rewards, to swaps, governance, and nft sales are now labeled and ready to show off in a dazzling new dashboard. The data is live on @flipsidecrypto.
👇Bounty deets below
Do Kwon 🌕 retweeted
The world still needs a scalable and truly decentralized stablecoin.
UST collapse shouldn’t distract us from this.
Strike 2 👍
Seoul court rejects prosecution’s move to detain Terraform Labs execs: Yonhap
theblock.co/post/191842/seou…
Do Kwon 🌕 retweeted
Today, history has been made! 🔥🔥🔥
TFM became the first protocol with native proprietary DEX and NFT aggregation anywhere on web3, and we did it on Terra $LUNA blockchain 🌖
Buy NFTs from multiple marketplaces all from one terminal 🙌
Try now 👉 tfm.com/terra2/nft/collectio…
🧵👇
Do Kwon 🌕 retweeted
Coinhall just launched 👉 @TerraWhaleAlert!
We built a Whale Watcher for the community to be able to track all large token transfers (and more to come - i.e., swaps, delegations/mint & burns) on Terra.
Do Kwon 🌕 retweeted
1/7
Low liquidity on CEX orderbook = bad 🙅
Low liquidity on TFM orderbook = no problem 🙆♀️
Find out how pro traders can profit from TFM limit orders and how this DeFi lego could pull $LUNA liquidity on-chain 🧵👇
Will use Seer to enable push notifications on Station
Introducing Seer: Real-time data indexing infra for the Cosmos ecosystem 👨💻⚛️
Spend more time on developing your app, leave the indexing to us!
With the exponential growth happening on #Web3, quick access to data is increasingly pivotal for scalability.
Do Kwon 🌕 retweeted
this is why solana is actually doing interesting work and writing it off as an “unsustainable alt L1” is dumb, same with Fuel or other state models that have different trade-offs.





















