Evan_Docs_🌕
@evan_docs
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@terra_money docs writer. Writing, music, woodworking.
Joined August 2021
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1/7 I’ll let you in on a secret: ON CHAIN, 1 UST ALWAYS EQUALS 1USD. The market module makes no distinction between fiat per Luna rates and their corresponding Terra stablecoin per Luna rates. UST “depeg” only happens on external exchanges, when pools are unbalanced.
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The Terra Docs are the first in web3 to feature
@codehike_
, a groundbreaking way to visualize code. Check out some of its functionality here:
2/ We’ll get into the design and layout, but one of the things that makes the Terra Docs so unique is the technology used within them.
The new Docs feature Code Hike, a ground-breaking visualization technology to display code 👇
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My top secret project is coming along. If you’re seeing this, you’ll be one of the first to know.
🎯🤝✨
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New docs incoming 🚀🚀🚀
Stay tuned, the new will knock your socks off.
¡Vamos Columubu5!
#WAGMI
@terra_money
@stablekwon
@Jared_TFL
@wencol5
@mcantieri
@MarcGoldich
@sjpark_TFL
@0xwagmi
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I’ve been a writer for many years. I can tell you with certainty that writing about Terra is one of the most exciting things I’ve ever done.
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Enterprise will knock your socks off. T minus 90 mins.
Join us this Thursday at 8pm UTC for our first Enterprise Protocol AMA, featuring
@vladjdk
and special guest host
@Panterra0x
!
Bring your questions and set your reminders ⏰ – we’ll be breaking down the Enterprise roadmap 👀
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Lunatics stick together. One of the most compelling communities I’ve been a part of.
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The future is multichain. Terra is making chains and apps easier to build and easier to use. 🤝🪶🛰🌀🏢🖋🧱🌱👨💻💡🏪
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Actual footage of
@fleece_cannon
at our company all-hands meeting this morning:
1/ TFL has proactively filed for Chp. 11 protection, an action that will allow for continued operations and support the Terra community while resolving outstanding legal proceedings.
Please see the press release for more information, or keep reading ⤵️
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Just dropped some new docs. Check ‘em out!
Alliance is going to be big. 🤝
1/ The Alliance Docs just got an upgrade! 🤝
New Additions:
✔️ Revamped overview w/ Alliance use cases
✔️ Improved docs layout
✔️ Infographics
✔️ Detailed "How it Works" section
Details in 🧵
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🤝🪶🌕
"LUNA will be able to be used as a fee token on all Feather chains, and those spinning up chains using Feather will also have the opportunity to form an Alliance with LUNA early on to bootstrap the economic viability of the network via inbound LUNA yield + users"
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1/2 🧵
Terra Wiki is live!
is the new community-led documentation site for anyone building on Terra.
Terra wiki is offering a 200 UST bounty per page for the first 10 pages written on the site. Find out the details here:
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Working on something really cool. Artists, DM me. If you know any artists, please tag them!
🚀🌕
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New docs site is live!!!
Check it out!
The docs team is committed to making the Terra Docs
#1
in the industry.
Special thanks to
#1
MVP
@octalmage
.
@stablekwon
@terra_money
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@larry0x
The spread fee is there to modulate the volume of market swaps. Too much too fast raises the spread fee. This is to protect against oracle attacks, etc. The mechanism is effective, it just takes time. I’ll do a thread on it tomorrow if enough ppl are interested.
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#3
👀
Dear CT - I will tell you what i am doing and where i am if:
1) we are friends
2) we have plans to meet
3) we are involved in a gps based web3 game
Otherwise you have no business knowing my gps coordinates
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If you have any questions about Terra, where we’ve been, where we’re going, or what’s happening right now, watch this vid:
@fleece_cannon
does a great job of laying it all out. A must watch for anyone in the space, especially
#LUNAtics
.
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🤝Alliance is here!
Alliance assets can be any native token recognized by the bank module. With the addition of the token factory module in the new upgrade, native tokens can be minted with ease. CW-20 tokens from other chains IBC’d to Terra are also considered native assets.
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You guys have no idea what I'm working on. And you're going to love it.
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Mantlemint is the most powerful addition to any Cosmos chain. Ever wonder why Terra is always so smooth? Mantlemint. No more congested queries.
Terra = best tech for your chain
Most wont get this, but more interesting than station will be mantlemint support - its the most performant rpc in cosmos (basically backend for apps) which comes as a package
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Y'all don't understand how big of an alpha drop this is:
"From payments to labor, Enterprise v2 is set to redefine what managing a Web3 organization looks like. Stay tuned for more information as we approach the release later this year!"
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Still true.
I’ve been a writer for many years. I can tell you with certainty that writing about Terra is one of the most exciting things I’ve ever done.
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If this hits 200 viewers I'll paint the Terra Bites logo onto the side of my house.
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3/7 The ultimate source for this balancing is the market module, which lets users users swap 1 UST for 1USD of Luna and vice versa. When off-chain pools of UST are unbalanced, the market module becomes the source or sink UST balancing, incentivized by arbitrage.
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Get ready!!!
@fluffy_trex
@kujikenni
@evan_docs
Great description! Yes, if you participated in the Game of Alliance, you will be able to claim an Alliance DAO NFT, which can be locked on
@enterprise_dao
to earn $LUNA rewards via Alliance 🤝
@evan_docs
will be on next week's TFL Space to discuss Alliance DAO in more detail
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2/7 AMM pools get unbalanced. It’s normal. They rebalance through arbitrage incentives. When one pool is unbalanced, people use other balanced pools or sources to trade against and profit the difference, leading to a “leveling” effect. Imagine the way water always seeks level.
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Terra Bites is here. We so back.
Pete and I return to Youtube tomorrow to grill TerraForm Labs about everything they're working on + their latest community proposal. $LUNA
🔴 LIVE at 3:30pm tomorrow
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Incoming transmission 📡🚀
1/ 🌠 Initiating first contact:
#AllianceDAO
is landing on Terra!
Ahead of the launch, discover the ins and outs of the
#AllianceDAO
NFT collection, its backstory, and more in our first Medium article:
🔗
For a brief overview 🧵, keep reading ⤵️
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Y’all don’t even know about the secret projects. Like what I’m working on.
🛠️🤫🌖
Did you just drop a roadmap
@fleece_cannon
? 👀 can we get more details on the ones we never heard of like : foundation? tashkent? project Q? epiphany?
Also heard rumors of an oracle chain?
Damn
@terra_money
is busy 🤯 & you thought $LUNA is inflationary? IYKYK
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That was a marathon of a talk for me. Many thanks to everyone who tuned in!!!
Catch the recording below:
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Told you. Big month. 🛰🌀🤝...
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4/7 example: 1UST = .99 USD on exchange
#2
. Users buy 1 UST for .99 USD, swap 1 UST for 1 USD of Luna in the market module, which burns UST to mint Luna. Profit .01 USD. Repeat until pool is rebalanced, 1 UST = 1 USD, and the arbitrage opportunity is closed.
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The Station browser extension is safe to use. Please update your extension to make sure it works.
You can access Station at the domain.
Refrain from using the mobile app, it is down right now.
Full info here:
1/ Update: We've made significant changes to ensure the safety and security of our users. Please read the following thread for important information and links 🧵👇
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Marrying your best friend is the best decision you will ever make.
“may you be in love every day for the next 20,000 days. And out of that love, remake a world.”
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It feels good when hard work pays off. Now back to 🛠.
1. 🌎🍂
2. 🌕
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✅✅✅✅✅✅✅✅✅✅ 🚀
Tomorrow is the big launch!!!!!!!!!!!
Day 10/10! ✅
Tomorrow is the big day!! Stay tuned for announcements regarding tomorrow's launch!! 🚀
Today's planet is Cristall: where amethysts grow like mountains 🏔️
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7/7 The example pics in this tweet are not perfect, but they provide a good visualization of pool balancing effects. Think of the market module as a source of constant price. More drawings and interactive explanations are on their way. Further reading:
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Bullish on this community.
@thejamhole
@Cephii1
@cryptoismyjam
@KingBoiWabi
y’all are why Terra is great.
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Imagine Terra being a major hub for stablecoins, with the highest liquidity for USDT<>USDC, and others.
That's what this prop enables:
I'm back reluctantly again with a potential solution:
The two pools we want to incentivize have different objectives.
1. For USDC/USDT, we want to "win the route". Meaning we want the majority of those swaps to hit the
@terra_money
chain and that means that the pool is…
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6/7 I’ll talk about how the spread works and why we have one another time. Just know that it prevents Oracle attacks and combats volatility spikes. TLDR: market module mint/burn process modulates supply of UST and balances prices of external exchanges through arbitrage.
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Pay attention. 🌖
@terra_money
/ TFL status update
🌖Warp, Alliance, Enterprise🌖
🌗Enterprise v2, Station v3🌗
🌘Feather, JAX, Terrain v2🌘
🌑Foundation, Tashkent, Project Q, Epiphany🌑
Its early
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We live!!
Dropping my secret project today. Tune in right now!
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5/7 Reverse the process when price is high. Why does depeg happen? Why isn’t balancing instantaneous? Market fluctuation= normal and trades take time. The market module spread fee (valve in pic ⬇️) limits minting and burning volume. Too much at once ups the spread fee.
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Sure. I’ll be on spaces on Thursday to talk about my secret project.
Also, rumor is
@vladjdk
and
@octalmage
can each bench 350 lbs.
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Ok
@everyone
,
tune in to be the first to know about my secret project:
Tune in this Thursday at 6 pm UTC for TFL's second bi-weekly Twitter Space with the
#LUNAtic
community, featuring
@fleece_cannon
,
@octalmage
,
@Zion_Schum
,
@evan_docs
,
@vladjdk
and other TFL chads 🎙️👇
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$ROAR chart showing lion formation.
(Do not buy or trade this token. It's just for fun/educational purposes.)
@enterprise_dao
@TheLionDAO
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Today is the day! 🎉
Join us for the launch of the AllianceDAO NFT!! 🚀
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Not your keys not your crypto.
If you’ve lost your seed phrase, you need to send all your coins to a new wallet.
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After months of hard work, it's exciting to see this posted!!!!!
🎉🚀🤝
Attention, Allies! 📢
The AllianceDAO asset prop is LIVE!
This prop seeks to establish a unique role for AllianceDAO in promoting the adoption and evolution of the Alliance module for Terra and its community.
Join the conversation 👇 🤝
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Big alpha from
@biglabseu
Bonus guest unlocked 👀
@0x7183
of
@biglabseu
will join Talking Terra to discuss their [REDACTED] project for the Terra ecosystem 🤫
@0xphilipp
will also be there to discuss
@eris_protocol
& Alliance. Come join!
📆 Thursday, Mar 14th
🕒 3 pm UTC
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I'll be on in an hour and a half to talk about the AllianceDAO NFT. See you there!
Join us on Thursday at 8 pm UTC for another episode of Talking Terra with TFL 🎙️
This week, as we approach its launch, we'll have
@evan_docs
on to talk about Alliance DAO, including the NFT collection, how it rewards
#GameOfAlliance
participants, & more.
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If you are a buidlr and you need to put down the work of others to feel/look better, you’re ngmi.
Your work should speak for itself.
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👀
Incoming transmission! 📡
The AllianceDAO has just intercepted 10 top-secret planetary dossiers. Brace yourselves for daily releases leading up to our epic launch! 🚀
First up, let’s dive into Lusa: The water planet 🌊
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It's better to wash tomatoes out of your hair than to compromise your standards. 🫡
1/ Get the 🍅s ready...
The Enterprise team has decided to push back DAO v2. Which is good news for the future of Enterprise.
Why? Because we believe that smooth & simple UX is important, & while preparing the upgrade the team realized that v2's UX was not up to our standards.
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Proud to present the Alliance Docs:
Good work everyone!!!!!
🤝🚀🤝🚀
Want to learn what Alliance is?
Want to learn how Alliance staking works?
Want to integrate Alliance?
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See you there!!!
The DAO asked for it, so get ready for it!
We're hosting the second community town hall this Friday at 3pm UTC 🕒
Topics will include ways to strengthen governance, ideas for the DAO treasury, and the Alliance Asset proposal.
Set your reminder 👇
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Gonna have to tighten up security 👀
Hacking the main frame doesn't comes easy 🔐
Gaining access was the first hurdle. It was hard to stay hidden. The sentries cut the connection, leaving me with access to just one Game of Alliance NFT 🌖
It's a good one! Fire planet...with twin moons 🔥
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I’m here to build cool shit.
Buidl/dance like nobody’s watching.
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New Terra docs site is live🚀🚀🚀
¡Vamos Columubu5!
#WAGMI
@terra_money
@stablekwon
@Jared_TFL
@wencol5
@mcantieri
@MarcGoldich
@sjpark_TFL
@0xwagmi
@PFC_Validator
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That’s my hair in the lower right corner. I had such a good time seeing everyone’s presentations! Big brains in the room that day.
2/ Warp Workshop & Hackathon 🌀
From sustainable energy matching systems to grid bots and Alliance auto-compounders, we saw several interesting Warp use cases built out in the 2023
@warp_protocol
Workshop & Hackathon 🌀
📸:
@vladjdk
&
@djsimovic
discussing Warp w/ participants
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🤝
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Talk to y’all tomorrow!
Join us on Thursday at 8 pm UTC for another episode of Talking Terra with TFL 🎙️
This week, as we approach its launch, we'll have
@evan_docs
on to talk about Alliance DAO, including the NFT collection, how it rewards
#GameOfAlliance
participants, & more.
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Halfway to launch!
Day 5 of 10!
We're halfway to the AllianceDAO NFT launch 🚀
Step into the Jungle and explore Zando 🌳
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👀
Well looky looky what we found. Something big must be coming soon.
@The_AllianceDAO
@terra_money
@enterprise_dao
$LUNA
#LUNAtics
#GameofAlliance
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Imagine what life would be like millions of years from now, living on a volcanic planet filled with acidic lakes, charred trees, and lava rivers... 🌋
Explore the backstory behind the AllianceDAO NFT collection in our latest article ⤵️
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Want to know how Alliance works in simple terms? Join us!
🪐 Alliance Made Easy Spaces 🪐
Join
@evan_docs
,
@swgee_writes
&
@MB_Aejir
for an intro to the Alliance module powered by
@terra_money
, (re-)staking with Alliance, and more 🤝
📅 April 3rd, 13:00 UTC
See you there and bring your questions, Allies!
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1/ I learned the other day that grocery stores use a huge company you’ve never heard of to track their coupons. They settle vendor coupon payments using a blockchain. Millions of coupons are used each day. Coupons are issued by vendors and product manufacturers
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@crypto_magix
@LFG_org
Base pool parameter is the theoretical “limiter”. The actual protocol isn’t limited, it’s the spread fee that’s added to prevent attacks.
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It’s coming sooner than you think.
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✅✅ 8 7 6 5 4 3 2 1
Countdown to launch: Day 2! 🚀
Introducing Ozara, the mysterious desert planet 🏜️
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I really really want some $ROAR
I will distribute 1,000,000 $DOCS to $ROAR stakers as an act of goodwill.
LionDAO🤝DocsDAO
People are actually staking their tokens - if you staked some tokens, you're a legend. Who will raise the first governance proposal?
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I forgot to give
@deving_zone
a shoutout as well!!
@deving_zone
, it was a pleasure meeting you at Cosmoverse, and I look forward to your participation in AllianceDAO!
That was a marathon of a talk for me. Many thanks to everyone who tuned in!!!
Catch the recording below:
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I can’t believe Cardi B just made an appearance at Cosmoverse. Wild.
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✅ 9 8 7 6 5 4 3 2 1
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If you made multiple wallets, the scores from all the wallets will be added, resulting in a higher rarity score and a cooler NFT!
(But even if you scored low, the NFT will still look really cool).
Set up 100 wallets from the same IP…you get 1 NFT. Unlucky playa 😆
During the claim window…which will be short. Keep your eyes open and ear to the ground, we will be able to claim our Alliance DAO NFT using the wallet that we used to play Game of Alliance.
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