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.
1,906
1,030
3,590
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
241
114
711
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 👇
204
206
795
Do Kwon 🌕 retweeted
There's this notion that "Luna would've failed anyway, if Alameda/FTX + affiliated parties used their clients' assets and positions to orchestrate an elaborate attack on it then who cares" in some pockets This actually gets to a basic white hat vs black hat argument
211
165
862
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…
225
556
1,869
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
264
401
2,236
What’s done in darkness will come to light
548
764
3,321
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
51
85
319
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
47
61
261
Do Kwon 🌕 retweeted
Do you feel it my friends? 👀 The Terra FUD is dying, all allegations have been proven wrong. Terra regains credibility by the day in the eyes of the public opinion. Let's rebuild this #DeFi gem and its community to its former glory 🌕 $LUNA $LUNC
194
266
1,191
Do Kwon 🌕 retweeted
The world still needs a scalable and truly decentralized stablecoin. UST collapse shouldn’t distract us from this.
227
165
1,088
Strike 2 👍
Seoul court rejects prosecution’s move to detain Terraform Labs execs: Yonhap theblock.co/post/191842/seou…
4
332
1,510
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… 🧵👇
69
112
434
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.
56
83
339
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 🧵👇
41
70
275
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.
147
632
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.
27
40
270
Acquisition campaigns are a mature strategy for Web2 apps user growth but remain an inefficient lever within Web3 today. Liquidity mining programs are costly and eventually unsustainable. With Genie, projects can now deploy highly targeted and purposeful Web3 Campaigns. 🧞
70
73
277