Community Update — December 2022

2022 was a turbulent year for almost everyone within the crypto community. Still, as many take time off and wait patiently for the bear market to come to a close, LUNAtics remain focused on building the next generation of Web3 products and services.

Let’s dive into the protocol launches, ecosystem developments, governance activity, and media features the Terra community saw in December! 👇

🌎 Ecosystem Updates

• TFM became the first protocol to integrate DEX aggregation + NFT aggregation services on Terra, with additional features in its V2
• Warp Protocol released its roadmap and discussed it on its community AMA
• Warp Protocol published a Medium article outlining the protocol’s key functionalities and how they can be used to power the next generation of decentralized applications
• Enterprise Protocol published a Medium article breaking down how its DAO management solution enables decentralized communities to organize and manage their DAOs, improving their flexibility, governance, and transparency
• Warp and Enterprise released links to their community Discord and Telegram channels
• Prism announced Prism V2, a yield-optimized L1 utilizing a hub and spoke model
• Hermes Protocol made it possible to explore the blockchain without leaving Discord and introduced a new notifications API
• Astroport delayed its $ASTRO unlocks by six months
• Genie by Coinhall released a signup form for their private beta
• The Terra Whale Alert channel launched a Terra whale monitoring service powered by Seer
• Stader Labs expanded its validator set for $LunaX
• Hero NFTs returned to Terra
• Orne.io released their monthly update
• Skip Protocol launched their MEV auction product, mev-tendermint, on Terra’s Phoenix-1 mainnet
• Spectrum and Eris added auto-compounding support for $bLUNA — $LUNA LP positions
• Terrascope released a new governance dashboard allowing users to see validators’ governance participation at a glance
• Edge Protocol launched its money market using $LUNA and $axlUSDC
• Coinhall added new swap functionality to Hallswap, enabling users to swap between ANY two tokens on Terra
• Spectrum Protocol added the Redacted Money RED-LUNA vault
• Talis Protocol added Skeleton Punks NFTs to their NFT platform
• White Whale open-sourced its single-chain and multi-dex arbitrage bot and announced it would launch its token soon
• Capapult released three Medium articles covering the Capapult airdrop, $SOLID stablecoin, and $CAPA governance token
• TerRarity added multi-coin functionality, enabling users to purchase Terra NFTs using multiple tokens
• Leap Wallet launched the V2 of their browser extension, featuring a new UI, a DeFi explorer, and more
• Sayve Protocol revealed a brand-new website
• MetricsDAO released their bounty program to design a new Terra dashboard
• YFD released a mega thread answering community questions about their platform
• Mars released details on the $MARS airdrop
• Gravidao launched Lunar HQ, a product enabling community owners to create rules that check user wallet behavior

🏦 Governance Updates

• Proposal 3534 to fund SCV’s Terra Security Expansion Program passed with 72.5% YES votes
• Proposal 3547 to increase Terra’s governance quorum from 10% to 30% passed with 74.5% YES votes
• Proposal 3665 to provide Contro Protocol with a Community Pool grant passed with 60.7% YES votes
• Proposal 3612 to provide TFM with a Community Pool grant passed with 74,7% YES votes
• Proposal 3619 to upgrade Terra’s Phoenix-1 mainnet to version 2.2.0 passed with 99.49% YES votes

✔️ Follow @terra_agora on Twitter or the Terra Governance Alerts channel on Telegram to get alerted when a new Terra governance proposal goes live for discussion or voting.

🎥 Media Features

• Terraform Labs COO & CFO Chris Amani went on Behind the PFP to talk about the Terra ecosystem and the exciting work that the community is doing
• The Seoul Southern District Court dismissed the warrants for the arrest of some of Terraform Labs’ former employees
• U.S. federal prosecutors launched an investigation into whether Sam Bankman-Fried illegally manipulated markets for LUNA (Classic) and UST (Classic) to benefit FTX and Alameda
• Rebel DeFi dropped three new Terra tutorials breaking down $bLUNA, governance on Terra, and the $PRISM airdrop
• Warp Protocol hosted a community AMA discussing its upcoming roadmap
• Bites Digital hosted a live stream discussing various Terra protocols
• The LUNAtic community hosted a variety of Twitter Spaces discussing Terra-related topics

Additional Resources

The future of Web3 is being built on Terra. Take advantage of what Terra has to offer 👇

• Explore projects building in the Terra ecosystem
• Build on Terra using Terra’s robust, open-source development suite
• Join the LUNAtic community on a variety of platforms
• Read the Terra Docs to discover all things Terra
• Visit Terra.money to browse other helpful resources