November was an exciting month for the Terra ecosystem, marked by a flurry of strategic moves by Terraform Labs (TFL), including its acquisition of Pulsar Finance and deployment of substantial blue chip liquidity on Astroport, Ura, and White Whale. This $17.65M capital infusion led to a notable spike in on-chain activity, but the momentum didn’t stop there: Terra integrated its new FeeShare module, AllianceDAO dropped updates on the soon-to-launch Alliance NFT collection, and Enterprise DAO v2 introduced cross-chain treasury functionality.
Read on to learn about everything that happened in the Terra ecosystem in November 👇
🌎 Ecosystem Updates
- TFL announced its acquisition of Pulsar Finance, a leading cross-chain portfolio manager and data infrastructure provider. The acquisition represents a pivotal leap forward in placing Terra at the center of Web3 commerce, combining strengths that set the stage for accelerated growth and innovation in the coming years 🌖
- TFL announced an over-the-counter (OTC) purchase of 22.4M ASTRO, which will be used to direct incentives toward Terra project liquidity pools in Astroport’s new vxASTRO marketplace and help shape the future of Astroport.
- Astroport’s rewards on Terra outposts successfully migrated from XYK to PCL pools. LPs can now earn ASTRO and variable fees, all while traders enjoy better pricing.
- A new era dawns at BackBone Labs as its website undergoes a chilling upgrade, uniting all products into a haunting app for eerie simplicity, smooth hauntings, and cursed integration ☠️
- Astroport announced its Token Navigator: a single place to discover and explore all the tokens trading on Astroport.
- Hallswap has undergone an upgrade and now provides some of the best prices for swaps on Terra, whether you’re making small or large trades!
- Carbon tweeted that staking rSWTH on Terra yields an extra 39% APY.
- Ura launched on Terra as the first ve(3,3) inspired DEX in Cosmos, bringing users the lowest fees and the best trading experience.
- BIG Labs launched a free dashboard for Terra developers to test smart contracts, simulate messages, and more.
- Chainscope added a custom view for Enterprise DAO, allowing users to view DAO-specific details 🔭
- Shout-out to Synergy Nodes for being the #1 relayer for the Terra network, processing over 13K IBC transactions in the last 30 days!
- Lion DAO was one of the first projects to take advantage of Terra’s new FeeShare module integration, enabling their DAO to earn a percentage of the fees their Enterprise DAO contract generates on Terra.
- Astroport created a new intergalactic hub for all things Astroport and Cosmos on Telegram.
- AllianceDAO announced its imminent release on Terra, sharing insights about the NFT collection, Game of Alliance players’ rewards, and more. Follow @The_AllianceDAO on Twitter/X to be the first to know of new developments!
- TFL injected $15M of capital into the Terra ecosystem through Astroport and Ura, making Terra’s liquidity for blue-chip assets such as BTC and ETH the deepest among any Cosmos chain 🔥
- Following the liquidity deployment, Astroport and Ura experienced over $6.2M in 24-hour trade volume on Terra across the blue-chip pools TFL seeded with liquidity. That helped DEX aggregators like TFM thrive by offering better rates to traders.
- Join the Warp Protocol Telegram chat to learn more about Warp and share job ideas for the devs to build.
- Enterprise DAO released cross-chain treasuries, enabling DAOs to deploy assets on supported chains and manage them via governance. DAOs must upgrade to v1.0.2 to take advantage of the new functionality.
- Orbital Command released the Terra Intel Report on Telegram, enabling LUNAtics to stay up to date with the latest news on Terra.
- TFL deployed another $2.65M of liquidity into White Whale, raising the capital deployed on Terra to $17.65M in total.
🏦 Governance Updates
- Prop 4792, which aimed to incorporate the FeeShare module into Terra, passed with 100% in favor. The upgrade went live on Nov 15th, enabling developers and Enterprise DAOs to earn 75% of the fees their smart contracts generate on Terra.
🤝 Integrations & Listings
- Pulsar added support for Astroport and Ura, allowing users to track all of their positions in a single place.
- Pulsar integrated Station into its Proposal feature, allowing Station users to submit and vote on proposals to improve the Pulsar product 🗳️
- Pulsar added support for Enterprise DAO v2, enabling DAOs to track their cross-chain treasuries.
🎥 Media Features
- @coinclub_ & @CosmosClub hosted @warp_protocol for the first time on Nov 2nd, introducing the decentralized automation layer to a new audience. They talked about automating dApp functions using Warp and what’s next for the protocol. (TerraSpaces recording here)
- @galactic_punks hosted a ‘Punk FM’ space on Nov 2nd to chat about the Punks’ future on Terra (Non-recorded space, for the culture 🙌)
- @terra_money hosted Talking Terra with TFL on Nov 9th to talk about AllianceDAO, including the NFT collection, how it rewards Game of Alliance participants, and more. (TerraSpaces recording here)
- @terra_money hosted another Space on Nov 14th, discussing the Pulsar Finance acquisition and liquidity injection. (TerraSpaces recording here)
- @astroport_fi and TFL team members chatted on Nov. 22nd about the recent liquidity injection on Terra, TFL’s ASTRO purchase, and the potential revamp of ASTRO tokenomics. (TerraSpaces recording here.)
- @enterprise_dao hosted frens from @Migaloo_Zone and @Migaloo_Whales on Nov. 27th to discuss Enterprise DAO v2 and what’s coming next.
- @CosmosClub_ welcomed @enterprise_dao to the club on Nov. 29th, exploring how it simplifies creating, managing, and growing DAOs.
🎧 Follow TerraSpaces Audio Vaults on Apple Podcasts, Spotify, and Google Podcasts to listen back to previous Terra community Twitter Spaces.
✏️ Community Thread Highlights
- @Rebel_Defi demonstrated cross-chain transfers with TFM, joining Astroport liquidity pools on Neutron, and Astroport staking on Terra in his latest YouTube video.
- @Rebel_Defi recapped the Talking Terra episode covering the AllianceDAO NFT collection.
- @lunatic317 and @Rebel_Defi uncovered and shared sneak peeks of the Game of Alliance NFT artwork 👀
- @Diversitas_LTD, @ZeMariaMacedo, and @lurkaroundfind get shout-outs for spotting the liquidity injection before TFL’s official announcement.
- @fluffy_trex wrote up a thread summarizing the chat between TFL and Pulsar discussing the acquisition.
- @jasbanza shared a checklist on why you should be using Pulsar Finance’s portfolio manager.
- @CosmosClub_ published a deep dive on Ura, the new ve(3,3) DEX shaping the future of decentralized finance on Terra.
- @astroport_fi shared a thread on TFL’s liquidity deployment worth ~$10 million into three Astroport pools, the reasons for it, and the implications for the Cosmos ecosystem.
- @LaMultisig’s @CitrusMimosa, @MilsteinmAb, and @cavenaghiulises hosted a discussion on their YouTube channel on five strategies to use your LUNA, for our Spanish-speaking LUNAtics 🇪🇸
- @0xham3d_eth analyzed the impact of TFL’s liquidity injection on Astroport. The tl;dr: a 25% increase in daily transactions and a remarkable 9x surge in new users.
- @orbital_command published another Terra Weekly, aggregating all the happenings within the Terra ecosystem, including the increase in Terra’s on-chain activity due to the liquidity deployment and the v2 launch of Enterprise DAO.
- @0xham3d_eth shared a follow-up analysis on the increase in Terra’s on-chain activity post-liquidity deployment, which shows no signs of slowing down.
💬 Closing Note
Looking back on the progress made in November, it’s evident that the Terra ecosystem is not just thriving — it’s evolving and maturing. With the liquidity deployment elevating on-chain activity, and with TFL combining forces with the Pulsar team to elevate Station, Foundation, and other projects, the future couldn’t look brighter. Let’s end this year together with a bang! 💥
Please share your thoughts in the comments section, give this article a Like, and share it to spread the word. Until next time!
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
