Community Update — February 2023

Amidst ongoing challenges, the Terra community continued to prove its mettle in February, shipping products, launching new features, creating educational content, and actively engaging in governance discussions.

Let’s dive into everything that happened this last month!

🌎 Ecosystem Updates

• The three-week Game of Alliance competition began, allowing users and validators to complete various missions and bounties for their chance to earn points and prizes
• The Alliance Docs got an upgrade, adding a revamped overview page with use cases, an improved layout, infographics, and a detailed “How it Works” section
• Warp Protocol launched on Terra’s Phoenix-1 mainnet, bringing unparalleled, decentralized automation capabilities to the TeFi ecosystem
• TFL released ​the macOS beta version of Terrarium, a complete local Terra blockchain for developing and testing smart contracts
• Genie launched its public beta, allowing protocols to create Web3 growth campaigns
• CMDX and CMST were added to Station
• Dexter Money released details on its tokenomics
• Redacted Money added support for axlUSDC and axlUSDT
• White Whale’s token, WHALE, started trading on Terra
• White Whale announced that it would be integrating Eris Protocol’s liquid staking solution on its new chain, Migaloo
• Astroport integrated limit order functionality, allowing Terra users to buy and sell Terra assets at their desired prices
• TFM released a series of new features and UI/UX improvements
• Knowhere closed down its NFT marketplace, announcing that its code would soon be available on Soil Protocol
• Squid launched its Cosmos router, allowing users from EVM chains to onboard Axelar assets to Cosmos chains like Terra simply and easily
• Coinhall prepared an infographic and glossary to highlight the protocols developing in the Terra ecosystem
• White Whale announced its upcoming airdrop
• Eris Protocol released AMP governance for its LSD, ampLUNA, allowing holders to lock their tokens and vote on which validators should receive a LUNA delegation on Eris
• Galactic Punks announced its second Galactic Bounty, allowing participants to compete in creating the best Alliance content for a chance to earn various prizes
• Y-Foundry DAO leaked some alpha on the release of its upcoming dev factory
• Hermes Protocol released its January monthly update
• Stride launched its liquid staking derivative, stLUNA
• Demex launched lending and borrowing for stLUNA and USC
• Apello released a calendar tool to track upcoming NFT mints
• Talis Protocol integrated escrow functionality, allowing users to engage in P2P NFT trading
• Obi launched its private beta and added functionality for Terra apps
• Eris Protocol began a Genie campaign, incentivizing participants to try out its new vAMP governance process
• Kujira matched the LUNA incentives on the LUNA /USK pool on BOW
• Ciento Exchange published details on the CNTO airdrop
• Illiquid Labs launched NFT loans, providing further utility to Terra NFTs
• Arbie added new functionality to its browser extension and Telegram bot
• White Whale reduced fees for its flash loans and announced an Alliance partnership with Backbone Labs, allowing users to stake bLUNA natively on their new chain, Migaloo

🏦 Governance Updates

• Proposal 4596 to incentivize the LUNA-USK pool on Kujira passed with 89% voting YES
• Proposal 4592 to fund an audit for Cavern Protocol passed with 78% voting YES

✔️ 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

• Jared of TFL sat down with Rebel DeFi of Orbital Command to discuss Station and the Game of Alliance
• Jared of TFL joined Bites Digital to breakdown the Game of Alliance
• Rebel DeFi released a tutorial video on how to provide liquidity on Astroport
• Pulsar Finance hosted a Twitter Space with Zion Schum of TFL and Udit Gulati of StakeEasy to discuss Pulsar, StakeEasy, and TFL’s roadmaps, as well as the future of Cosmos
• Carbon Protocol hosted a Twitter Space with Eris Protocol and Stride Zone to discuss liquid staking and LUNA LSDs
• Hermes Protocol hosted a community AMA to discuss its protocol and grant proposal
• Coinhall met with Demex to discuss the prospects of earning additional yield on LUNA tokens through its platform
• Astroport hosted a community call with Autonomy and Deebs DeFi
• Dr. Doscoin of Orbital Command hosted Sen Com of White Whale to discuss recent protocol developments

✏️ Community Thread Highlights

• @lunatic317 released a categorized list of the projects building on Terra
• @tfm_com dropped a summary thread on the Alliance module and how it works
• @stablepunk wrote a comprehensive thread on Alliance as part of the Galactic Bounty program
• @cryptoecons101 drafted a nice thread breaking down Astroport, currently the largest DEX on Terra

Additional Resources

The future of Web3 is being built on Terra — take full advantage of it 👇

• 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