UPDATE -- the 3-hour window will commence once the web app goes public, which will be announced soon.
30 Sep 2021, 12:06
UPDATE -- the 3-hour window will commence once the web app goes public, which will be announced soon.
Same news in other sources
3
30 Sep 2021, 12:25
telegram news 30 September 2021 12:25
https://twitter.com/NexusMutual/status/1443546165190934534
30 Sep 2021, 12:25
telegram news 30 September 2021 12:25
https://twitter.com/NexusMutual/status/1443546165190934534
30 Sep 2021, 12:12
🧑🏻🚀Columbus-5 is now officially live as the new Terra mainnet! 🎉
🎶 Welcome to the future of Terra 🌕
✅Col-5 unlocks numerous dimensions for the Terra ecosystem to better capture value, port assets across IBC-enabled chains, and set the foundation for a vibrant TeFi economy.
✅ Columbus-5 simplifies the Treasury Module logic of the Terra protocol so that 100% of the $LUNA seigniorage generated by the expansion of the $UST supply is burned.
✅ By closely tethering LUNA demand to UST demand, LUNA value capture becomes a function of UST’s adoption in a thriving cross-chain, Internet-native environment. As a result, more demand for UST shifts LUNA’s demand curve outward, while LUNA’s supply curve contracts.
✅Since 100% of LUNA is burned in Columbus-5, no more seigniorage will be diverted to the community pool.
🌈 Columbus-5 is just the beginning. It lays the foundation for future waves of apps, protocols, builders, and users to onboard into the TeFi ecosystem -- wielding the power of decentralized money that is more attractive to spend and hold than fiat incumbents.
📺Watch:
📖Detailed Post:
🌍Retweet:
Columbus-5 is now officially live as the new Terra mainnet. Welcome to the future of Terra.
🧑🏻🚀Columbus-5 is now officially live as the new Terra mainnet! 🎉
🎶 Welcome to the future of Terra 🌕
✅Col-5 unlocks numerous dimensions for the Terra ecosystem to better capture value, port assets across IBC-enabled chains, and set the foundation for a vibrant TeFi economy.
✅ Columbus-5 simplifies the Treasury Module logic of the Terra protocol so that 100% of the $LUNA seigniorage generated by the expansion of the $UST supply is burned.
✅ By closely tethering LUNA demand to UST demand, LUNA value capture becomes a function of UST’s adoption in a thriving cross-chain, Internet-native environment. As a result, more demand for UST shifts LUNA’s demand curve outward, while LUNA’s supply curve contracts.
✅Since 100% of LUNA is burned in Columbus-5, no more seigniorage will be diverted to the community pool.
🌈 Columbus-5 is just the beginning. It lays the foundation for future waves of apps, protocols, builders, and users to onboard into the TeFi ecosystem -- wielding the power of decentralized money that is more attractive to spend and hold than fiat incumbents.
📺Watch: https://www.youtube.com/watch?v=hUWZVNM2YkM
📖Detailed Post: https://medium.com/terra-money/columbus-5-launches-welcome-to-the-future-of-terra-8a9ebfa570c5
🌍Retweet: https://twitter.com/terra_money/status/1443533409821675524?s=21