"Anchor's yield reserve depleting! $UST is going to zero!"
The $UST peg and the @terra_money ecosystem is significantly more robust than you think.
Here's a megathread of DeFi protocols building on #TerraLuna and brief explainers of what you can do with them $LUNA $UST ๐งต ๐
The $UST peg and the @terra_money ecosystem is significantly more robust than you think.
Here's a megathread of DeFi protocols building on #TerraLuna and brief explainers of what you can do with them $LUNA $UST ๐งต ๐
// Disclaimer
This thread refers to @SmartStake's overview of the @terra_money ecosystem and will only cover a few categories of DeFi such as:
Exchanges, money markets, derivatives, staking, insurance, asset management, yield farming & infrastructure solutions.
This thread refers to @SmartStake's overview of the @terra_money ecosystem and will only cover a few categories of DeFi such as:
Exchanges, money markets, derivatives, staking, insurance, asset management, yield farming & infrastructure solutions.
I am a core member of @gtcapital_ and am currently invested in Terra and a number of its projects.
Any information below is not financial advice, do your own research before making a particular investment.
Any information below is not financial advice, do your own research before making a particular investment.
1 / @anchor_protocol $ANC
Decentralized savings protocol currently offering ~19% APY on $UST deposits.
Borrow $UST on your collateralized liquid staked assets $bLUNA & $bETH.
Potential bAssets coming soon: $bSOL, $bATOM, $bAVAX, $bMATIC.
Decentralized savings protocol currently offering ~19% APY on $UST deposits.
Borrow $UST on your collateralized liquid staked assets $bLUNA & $bETH.
Potential bAssets coming soon: $bSOL, $bATOM, $bAVAX, $bMATIC.
2 / @orion_money $ORION
Cross-chain stablecoin bank plugging into Anchor's ~19% APY yield on $UST deposits.
Deposit $USDT, $USDC, $DAI, $BUSD, $FRAX on ETH Mainnet for up to 16% APY in stablecoins.
Expanding to BSC, Polygon and other chains in the future.
Cross-chain stablecoin bank plugging into Anchor's ~19% APY yield on $UST deposits.
Deposit $USDT, $USDC, $DAI, $BUSD, $FRAX on ETH Mainnet for up to 16% APY in stablecoins.
Expanding to BSC, Polygon and other chains in the future.
3 / @riskharbor's Ozone
Risk management platform providing protection for $UST deposits on Anchor. Ozone offers protection on risks associated with @anchor_protocol (e.g. smart contract risk).
Purchase protection on your $UST deposits, file a claim in the event of loss.
Risk management platform providing protection for $UST deposits on Anchor. Ozone offers protection on risks associated with @anchor_protocol (e.g. smart contract risk).
Purchase protection on your $UST deposits, file a claim in the event of loss.
4 / @pylon_protocol $MINE
Launchpad and lossless investments protocol enabling sustainable transactions between users and creators.
Deposit $UST in pools to earn project tokens, retrieve full principal deposit upon subscription expiry.
Stake $MINE for project token airdrops.
Launchpad and lossless investments protocol enabling sustainable transactions between users and creators.
Deposit $UST in pools to earn project tokens, retrieve full principal deposit upon subscription expiry.
Stake $MINE for project token airdrops.
5 / @StarTerra_io $STT
Launchpad on Terra with main focus on gamification through factions, tier systems, NFTs and Play2Earn.
Stake $STT according to various tiers to participate in token public sales.
Prefund $UST to invest in new project tokens vested over a period of time.
Launchpad on Terra with main focus on gamification through factions, tier systems, NFTs and Play2Earn.
Stake $STT according to various tiers to participate in token public sales.
Prefund $UST to invest in new project tokens vested over a period of time.
6 / @terraformer $TFM
All-in-one liquidity stack / launchpad for startups and new projects on Terra. Provides the technology, community-led funding, support network and marketing to help bootstrap new projects.
Participate in token public sales, stake pools and farms.
All-in-one liquidity stack / launchpad for startups and new projects on Terra. Provides the technology, community-led funding, support network and marketing to help bootstrap new projects.
Participate in token public sales, stake pools and farms.
7 / @Atlo_Protocol $ATLO
Decentralized autonomous launchpad platform governed by $ATLO token holders.
Through governance voting and community evaluation, $ATLO governance decides which projects launch on its platform, as well as the allocation of project tokens.
Decentralized autonomous launchpad platform governed by $ATLO token holders.
Through governance voting and community evaluation, $ATLO governance decides which projects launch on its platform, as well as the allocation of project tokens.
8 / @astroport_fi $ASTRO
Automated decentralized exchange protocol with flexible pool architecture, dual liquidity mining and a xSUSHI + veCRV inspired governance model.
Swap any asset on Terra with low fees & slippage.
Future cross-chain expansion through IBC and Wormhole V2.
Automated decentralized exchange protocol with flexible pool architecture, dual liquidity mining and a xSUSHI + veCRV inspired governance model.
Swap any asset on Terra with low fees & slippage.
Future cross-chain expansion through IBC and Wormhole V2.
9 / @terraswap_io
First decentralized automated market maker (AMM) on Terra which facilitates trustless on-chain exchanges using a Uniswap-inspired x*y=k Constant Product Pool model.
Allows users to swap assets & provide liquidity to earn trading fees.
First decentralized automated market maker (AMM) on Terra which facilitates trustless on-chain exchanges using a Uniswap-inspired x*y=k Constant Product Pool model.
Allows users to swap assets & provide liquidity to earn trading fees.
10 / @loop_finance $LOOP
Decentralized exchange and community gateway hub to Terra. Swap assets and farm $LOOP by providing liquidity to trading pairs.
Earn $LOOPR to yield $LOOP through community engagement activities like writing and commenting.
Future NFT marketplace.
Decentralized exchange and community gateway hub to Terra. Swap assets and farm $LOOP by providing liquidity to trading pairs.
Earn $LOOPR to yield $LOOP through community engagement activities like writing and commenting.
Future NFT marketplace.
11 / @miawtrader $MIAW
Open-source decentralized exchange facilitating on-chain limit orders and LP / staking farming strategies. Also a community meme coin with an on-chain note board.
Set on-chain limit orders to buy / sell assets on Terraswap & Astroport.
Open-source decentralized exchange facilitating on-chain limit orders and LP / staking farming strategies. Also a community meme coin with an on-chain note board.
Set on-chain limit orders to buy / sell assets on Terraswap & Astroport.
12 / @TerraFloki $TFLOKI
Community-owned DAO, decentralized exchange, NFT marketplace, NFT-as-a-subscription launchpad, play-to-earn metaverse & deflationary memecoin ecosystem.
Swap tokens, yield farm, stake, trade and farm NFTs, bootstrap NFT projects.
Community-owned DAO, decentralized exchange, NFT marketplace, NFT-as-a-subscription launchpad, play-to-earn metaverse & deflationary memecoin ecosystem.
Swap tokens, yield farm, stake, trade and farm NFTs, bootstrap NFT projects.
13 / @local_terra $LOCAL (To Be Launched)
Decentralized peer-to-peer marketplace for Terra assets. Onramp & offramp protocol connecting buyers and sellers.
Trade Terra assets & stablecoins like $UST and $LUNA in-exchange for fiat currencies and vice versa.
Decentralized peer-to-peer marketplace for Terra assets. Onramp & offramp protocol connecting buyers and sellers.
Trade Terra assets & stablecoins like $UST and $LUNA in-exchange for fiat currencies and vice versa.
14 / @mars_protocol $MARS (To Be Launched)
Decentralized credit protocol building on Terra. Inspired by Aave, Mars enables borrowing & lending of tokens from users & protocols in a trustless & permissionless manner.
Deposit tokens to earn interest, borrow tokens at loan rates.
Decentralized credit protocol building on Terra. Inspired by Aave, Mars enables borrowing & lending of tokens from users & protocols in a trustless & permissionless manner.
Deposit tokens to earn interest, borrow tokens at loan rates.
15 / @EdgeProtocol $EDGE (To Be Launched)
Community-based money market protocol facilitating the creation of customized money markets.
Edge is a marketplace for limitless varieties of asset pools and interest rate models. Fully customizable for end users, DAOs or protocols.
Community-based money market protocol facilitating the creation of customized money markets.
Edge is a marketplace for limitless varieties of asset pools and interest rate models. Fully customizable for end users, DAOs or protocols.
16 / @Levana_protocol $LVN (To Be Launched)
Decentralized leverage & perpetuals derivatives trading protocol creating new yield generation and trading strategies while integrating DeFi with NFTs.
Mint 2X leveraged assets and trade perpetual swaps up to 10X leverage.
Decentralized leverage & perpetuals derivatives trading protocol creating new yield generation and trading strategies while integrating DeFi with NFTs.
Mint 2X leveraged assets and trade perpetual swaps up to 10X leverage.
17 / @kinetic_money $KNTC (To Be Launched)
Future yield tokenization protocol enabling users to access future yields today through auto-repaying loans.
Deposit stablecoins and yield-bearing assets as collateral, borrow $kUST against future yield with no risk of liquidation.
Future yield tokenization protocol enabling users to access future yields today through auto-repaying loans.
Deposit stablecoins and yield-bearing assets as collateral, borrow $kUST against future yield with no risk of liquidation.
18 / @NexusProtocol $Psi
Decentralized incentive token yield optimizer & liquidation protector protocol building automated yield strategies through its vaults.
Deposit $bLUNA or $bETH to maximize rewards from Anchor's $ANC incentives.
Mirror delta neutral strategy vault soon.
Decentralized incentive token yield optimizer & liquidation protector protocol building automated yield strategies through its vaults.
Deposit $bLUNA or $bETH to maximize rewards from Anchor's $ANC incentives.
Mirror delta neutral strategy vault soon.
19 / @ApolloDAO $APOLLO
Yield management platform and decentralized organization that governs a warchest for meta-governance and capital investments in DeFi.
Deposit $UST & LP tokens in auto-compounding vaults or the farmer's market.
Warchest currently valued at $5.5mil $UST.
Yield management platform and decentralized organization that governs a warchest for meta-governance and capital investments in DeFi.
Deposit $UST & LP tokens in auto-compounding vaults or the farmer's market.
Warchest currently valued at $5.5mil $UST.
20 / @SpecProtocol $SPEC
Yield optimizer protocol allowing users to provide liquidity in auto-compounding and auto-stake vaults.
Deposit LP tokens to automatically compound farm rewards while earning $SPEC tokens.
Yield optimizer protocol allowing users to provide liquidity in auto-compounding and auto-stake vaults.
Deposit LP tokens to automatically compound farm rewards while earning $SPEC tokens.
21 / @YieldFoundryDAO $YFD (To Be Launched)
Decentralized autonomous organization (DAO) protocol facilitating the creation of long-term sustainable vaults & yield farming strategies.
Deposit assets into the @PlusHedge vault to execute a delta neutral strategy powered by Mirror.
Decentralized autonomous organization (DAO) protocol facilitating the creation of long-term sustainable vaults & yield farming strategies.
Deposit assets into the @PlusHedge vault to execute a delta neutral strategy powered by Mirror.
22 / @neptune_finance $NEPT (To Be Launched)
Yield optimizer protocol enabling liquidation-protected leveraged yield farming powered by Terra dApps.
Users can participate in leveraged yield farming strategies by staking their $bLUNA, $bETH, $bSOL and future bAssets.
Yield optimizer protocol enabling liquidation-protected leveraged yield farming powered by Terra dApps.
Users can participate in leveraged yield farming strategies by staking their $bLUNA, $bETH, $bSOL and future bAssets.
23 / @ApertureFinance (To Be Launched)
Cross-chain yield optimizer & aggregator simplifying yield generation strategies into a one-stop solution for users to use, as well as developers to build on.
Invest in various cross-chain yield farming strategies all from one interface.
Cross-chain yield optimizer & aggregator simplifying yield generation strategies into a one-stop solution for users to use, as well as developers to build on.
Invest in various cross-chain yield farming strategies all from one interface.
24 / @staderlabs $SD
Cross-chain yield optimizer protocol for Proof-of-Stake assets. Staking infrastructure enabling high staking yield by auto-compounding staking rewards.
Stake $LUNA in stake pools or receive $LunaX, a liquid staking derivative of staked $LUNA.
Cross-chain yield optimizer protocol for Proof-of-Stake assets. Staking infrastructure enabling high staking yield by auto-compounding staking rewards.
Stake $LUNA in stake pools or receive $LunaX, a liquid staking derivative of staked $LUNA.
25 / @LidoFinance $LDO
Multi-chain liquid staking service allowing users to earn staking rewards without locking their assets or maintaining staking infrastructure.
Mint yield bearing $stETH, $stLUNA and $stSOL which can be used as collateral in Anchor as bAssets (bSOL soon).
Multi-chain liquid staking service allowing users to earn staking rewards without locking their assets or maintaining staking infrastructure.
Mint yield bearing $stETH, $stLUNA and $stSOL which can be used as collateral in Anchor as bAssets (bSOL soon).
26 / @angelprotocol $HALO
Sustainable perpetual charity endowments protocol utilizing Anchor Earn and other yield-producing assets to create sustainable income streams for charities.
Donate $UST to perpetually growing charity endowments, receive tax reliefs.
Sustainable perpetual charity endowments protocol utilizing Anchor Earn and other yield-producing assets to create sustainable income streams for charities.
Donate $UST to perpetually growing charity endowments, receive tax reliefs.
27 / @SubsidiumDGTL $SUB (To Be Launched)
Web3 solution for philanthropy and charity. Facilitates the creation of on-chain yield bearing tax-receipts, perpetual good NFTs and more.
Intends to build an auto yielding philanthropic treasury.
Web3 solution for philanthropy and charity. Facilitates the creation of on-chain yield bearing tax-receipts, perpetual good NFTs and more.
Intends to build an auto yielding philanthropic treasury.
28 / @SandclockOrg $QUARTZ (To Be Launched)
Multi-chain yield optimizer, investment management & philanthropy platform empowering next-gen wealth creation.
Access automated dynamic cross-chain yield generation strategies, donate yield, receive on-chain tax receipts.
Multi-chain yield optimizer, investment management & philanthropy platform empowering next-gen wealth creation.
Access automated dynamic cross-chain yield generation strategies, donate yield, receive on-chain tax receipts.
29 / @ProtocolVoid $VOID (To Be Launched)
Decentralized opt-in privacy protocol enabling users to grant themselves financial anonymity on the blockchain.
Deposit $UST into one of Void's pools, reclaim $UST from different wallets using a cryptographic key after a period of time.
Decentralized opt-in privacy protocol enabling users to grant themselves financial anonymity on the blockchain.
Deposit $UST into one of Void's pools, reclaim $UST from different wallets using a cryptographic key after a period of time.
30 / @terrabayio $BAY (To Be Launched)
Decentralized privacy / mixer protocol for anonymous transactions and yield-bearing NFTs.
Transact anonymously using mixer pools. Own Ronin NFTs to gain partial ownership of the protocol. NFT holders are rewarded with fees generated.
Decentralized privacy / mixer protocol for anonymous transactions and yield-bearing NFTs.
Transact anonymously using mixer pools. Own Ronin NFTs to gain partial ownership of the protocol. NFT holders are rewarded with fees generated.
31 / @nebula_protocol $NEB (To Be Launched)
Permissionless auto-rebalancing indexing protocol which facilitates the creation of dynamic ETFs / clusters of assets that rebalances dynamically based on pre-determined criteria.
Create and invest in dynamic baskets of assets.
Permissionless auto-rebalancing indexing protocol which facilitates the creation of dynamic ETFs / clusters of assets that rebalances dynamically based on pre-determined criteria.
Create and invest in dynamic baskets of assets.
32 / @spar_protocol $SPAR (To Be Launched)
Decentralized on-chain asset management protocol powered by Mirror. Allows pool managers to create on-chain hedge funds to source liquidity from passive investors.
Invest in any pool without deposit / withdrawal restrictions.
Decentralized on-chain asset management protocol powered by Mirror. Allows pool managers to create on-chain hedge funds to source liquidity from passive investors.
Invest in any pool without deposit / withdrawal restrictions.
33 / @TeamKujira $KUJI
Protocol leveling the playing field with whales and bots by democratizing the liquidation markets. ORCA allows users to participate in bids on liquidated assets.
Deposit $UST in pools to purchase liquidated bAssets at a discount.
Protocol leveling the playing field with whales and bots by democratizing the liquidation markets. ORCA allows users to participate in bids on liquidated assets.
Deposit $UST in pools to purchase liquidated bAssets at a discount.
34 / @LighthouseDefi
All-inclusive DeFi suite platform facilitating liquidation bids and savings deposits powered by Anchor.
Bid on undercollateralized $bLUNA & $bLUNA at a discount, access Anchor's Earn through a simple interface.
All-inclusive DeFi suite platform facilitating liquidation bids and savings deposits powered by Anchor.
Bid on undercollateralized $bLUNA & $bLUNA at a discount, access Anchor's Earn through a simple interface.
35 / @SuberraProtocol (To Be Launched)
Payment infrastructure solution for web3 which allows businesses / services to accept recurring payments from users with stablecoins ($UST and $aUST) to pay for things like subscriptions.
Pay for subscriptions using your Anchor $UST yield.
Payment infrastructure solution for web3 which allows businesses / services to accept recurring payments from users with stablecoins ($UST and $aUST) to pay for things like subscriptions.
Pay for subscriptions using your Anchor $UST yield.
36 / @WhiteWhaleTerra $WHALE
Automated arbitrage platform enabling retail users equal opportunity to generate delta neutral profit from arbitrage opportunities.
Profit from $UST depegging by depositing $UST into automated arbitrage vaults for sustainable yield.
Automated arbitrage platform enabling retail users equal opportunity to generate delta neutral profit from arbitrage opportunities.
Profit from $UST depegging by depositing $UST into automated arbitrage vaults for sustainable yield.
37 / @mirror_protocol $MIR
Decentralized synthetics protocol for on-chain exposure to real world assets through Mirrored Assets (mAssets).
Trade, borrow and farm synthetic assets such as $mAAPL, $mAMZN, $mMSFT, $mNFLX and more.
Global open access asset price exposure for all.
Decentralized synthetics protocol for on-chain exposure to real world assets through Mirrored Assets (mAssets).
Trade, borrow and farm synthetic assets such as $mAAPL, $mAMZN, $mMSFT, $mNFLX and more.
Global open access asset price exposure for all.
38 / @vertex_protocol (To Be Launched)
Decentralized on-chain foreign exchange trading platform powered by perpetual swaps. Marketplace for decentralized non-USD stablecoins.
Bringing leveraged trading & utility across all stablecoins, focused on broad international adoption.
Decentralized on-chain foreign exchange trading platform powered by perpetual swaps. Marketplace for decentralized non-USD stablecoins.
Bringing leveraged trading & utility across all stablecoins, focused on broad international adoption.
39 / @ArielProtocol (To Be Launched)
Decentralized perpetual instruments trading protocol facilitating leveraged long & short positions.
All-in-one platform for cross-margined foreign exchange trading, real-world assets and crypto assets.
Decentralized perpetual instruments trading protocol facilitating leveraged long & short positions.
All-in-one platform for cross-margined foreign exchange trading, real-world assets and crypto assets.
40 / @prism_protocol $PRISM
Derivatives protocol enabling users to split digital assets into yield and principal components.
Refract $LUNA into $yLUNA and $pLUNA. Sell future yield for maximum price exposure or maximize yield by selling the principal component.
Derivatives protocol enabling users to split digital assets into yield and principal components.
Refract $LUNA into $yLUNA and $pLUNA. Sell future yield for maximum price exposure or maximize yield by selling the principal component.
41 / @sig_finance $SIG (To Be Launched)
Derivatives trading protocol facilitating the creation & trade of options for synthetic assets powered by Mirror, and non-equity based cryptocurrencies.
Mint and trade options, enter leveraged positions and hedging strategies.
Derivatives trading protocol facilitating the creation & trade of options for synthetic assets powered by Mirror, and non-equity based cryptocurrencies.
Mint and trade options, enter leveraged positions and hedging strategies.
42 / @Altered_ALTE $ALTE
Synthetics protocol facilitating the creation of the $ATLE token, a non-dilutive elastic supply cryptocurrency.
Aims to create a cryptocurrency which can be printed or taken out of circulation, while achieving price stability and retaining buying power.
Synthetics protocol facilitating the creation of the $ATLE token, a non-dilutive elastic supply cryptocurrency.
Aims to create a cryptocurrency which can be printed or taken out of circulation, while achieving price stability and retaining buying power.
// Payment Solutions
If you're looking for FinTech apps and consumer-facing payment solutions which rely on Terra stablecoins and its DeFi ecosystem, @eeyernlee has got you covered.
Check out his thread below:
If you're looking for FinTech apps and consumer-facing payment solutions which rely on Terra stablecoins and its DeFi ecosystem, @eeyernlee has got you covered.
Check out his thread below:
Thanks for reading! Hope you found it helpful.
This is by no means a comprehensive thread for all DeFi protocols on Terra. If I have missed any or you think a protocol falls under "DeFi", do tag them in the comments!
This is by no means a comprehensive thread for all DeFi protocols on Terra. If I have missed any or you think a protocol falls under "DeFi", do tag them in the comments!
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