Community Call Notes #9–5/6/22

Notes from Community Call on May 6, 2022, at 1 pm EST on our Twitter

Announcements:

Great week for the WW Treasury

• Treasury Swap — 1 Million Whale for 100k Apollo Tokens happened live on Twitter Spaces
• Estimated to receive 7 figures from Apollo Lockdrop, Retro Lockdrop, and Retro private sale
• Significant exposure to major protocols on Terra + influence on ASTRO emissions
• Apart from the financial benefits, the announcement of joining the ASTRO wars opened several doors for White Whale

Gov Poll #8 — Passed

• Allocating our Astro 50/50 to Apollo and Retrograde lockdrops
• More Detailed Explanation Here

Gov Poll #7 — Passed

• Purchased 1,083,917.17 Astro to participate in Astro Wars
• Detailed Explanation Here

Dev Updates

• Added Whale Buyback Card to Dashboard
• Added lp card for whale/vUST
• Added footer on all pages
• Updated footer to new design

Bot Updates

• First arb on Osmosis
• Current cross-chain architecture makes it infeasible for the Osmosis arb bot to use the UST vault
• Initially, the plan is for income from Osmosis arb will be used to buyback Whale
• Nebula Bot ready for Nebula Launch
• Mars liquidation bots in development

Luna Vault

• On track for mini-Audit 5/11
• If there are no critical issues, it will launch soon after

Alpha:

Native Vaults

• Vaults of only native tokens
• Always open to everyone — no Whale staking requirement
• No liquidation risk
• Liquid staking token — vUST, vLUNA

Premium Vaults

• Any token
• Requires Whale staked — the mechanism for how much is not yet determined
• May take on liquidation risk
• May have a cap
• No liquid staking token

Next Vault after Luna Vault

• Prism, Astro, or the Degen vault.

Prism Vault (already in development)

• Prism-xPrism LP for base yield
• Prism-xPrism mint burn arb similar to bLuna arb
• Other Prism arbs pLuna, yLuna, cLuna but with Prism as base asset.

Degen Vault Example (already in development)

• On-chain grid bot, with parameters open to being set by governance.
• Go long Luna without having to use Kucoin bots yourself and take on the tax burden

KRT vault — something that we could ship quickly

• Don’t think there will be any market or user demand for it right now
• No passive yield and the pools are so shallow that there will be barely any arb opportunity
• Need more velocity, liquidity, and utility for the other stables yet before we start opening other stablecoin vaults. Hopefully, Vertex will help with that.

NFTs

• Coming Soon…
• Small test-net mint completed
• Loop has finished testing for their bonded NFTs and will be launching their first collection soon
• Follow our Twitter and Join our discord to stay up to date.

The next community call will be on 5/20/22 on our Twitter.