1/ Important update on Anchor Protocol 🧵. With the passing of Prop 29, the community has decisively voted to limit Anchor’s functionality to prevent further attacks. Results here 👇.

5/ Drop your ideas on the forum to start a discussion 👇.

4/ Anchor has been a mainstay on Terra from the beginning & many in the community want it to live on. The decisions around its future are being seriously debated in the community, so make sure your voice is heard.

3/ Deposits will stay open permanently (without interest) to enable Mirror protocol borrowers using $aUST as collateral to obtain $aUST when necessary to prevent margin calls.

2/ All actions on Anchor aside from withdrawing funds & depositing $USTC to obtain $aUST will now be frozen.

Prop 29 to freeze Anchor Protocol in order to protect against attacks is live. The voting period ends in 4 days. Cast your vote 👇 🗳️. Note: Users will still be able to withdraw from Anchor if Prop 29 passes.

is up and running once again.

Attention users, we are aware of the issue regarding access to Anchor Protocol. The team is currently investigating and are working to restore access as soon as possible.

RT @terra_money: 1/ Block 1 of the brand new Terra blockchain (with a chain_id of “Phoenix-1”) has officially been produced at 06:00 AM UTC….

RT @terra_money: 1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives. The community has been working around the clock to coo….

9/ You should now see the $stETH in your Ethereum wallet ✅. Note: you are now staking $ETH on @LidoFinance & earning staking fees. You can unstake your $stETH to receive $ETH using @LidoFinance.

8/ Step 4: Convert $bETH to $stETH. Go to 👇. Connect your wallet, click the “To stETH” button, enter the amount of $bETH you would like to convert to $stETH on @LidoFinance, & convert it.

7/ Note: you will need $ETH in your Ethereum wallet for gas fees to complete these steps.

6/ After, proceed to step 2 to target & connect your Ethereum wallet. Then, choose your preferred asset to pay fees in & select transfer. Thereafter, proceed to step 4 & redeem the tokens. At this point, the token names should appear in your Ethereum wallet ✅.

5/ Step 3: Bridge $webETH to Ethereum. Go to 👇. Select bridge from Terra to Ethereum, connect your Terra wallet, select $bETH ($webETH from Anchor) from the dropdown menu, & enter the amount to bridge.

4/ Step 2: Add $bETH & $stETH to your Ethereum wallet. Go to 👇. Connect your wallet & click the “+” next to both $bETH & $stETH to add the tokens to your Ethereum wallet.

3/ Next, connect your wallet & click “to webETH” on the top right side of the page. You should see your $bETH balance appear under the $bETH section. Click the $bETH balance in gray & convert your $bETH to $webETH.

2/ Step 1: Convert your $bETH to $webETH. Go to 👇.

1/ For those who would like to bridge $bETH off of Terra to Ethereum, here’s a 🧵 on how to send your $bETH from Terra to Ethereum & swap it for $stETH, which yields you a staking yield of ~3.8% APR.

RT @stablekwon: 1/ Terra governance prop #1623 to rename the existing network Terra Classic, LUNA Classic ($LUNC), and rebirth a new Terra….