1/ Important update on Anchor Protocol 🧵

With the passing of Prop 29, the community has decisively voted to limit Anchor’s functionality to prevent further attacks. Results here 👇

app.anchorprotocol.com/#/poll/29

4/ Anchor has been a mainstay on Terra from the beginning & many in the community want it to live on. The decisions around its future are being seriously debated in the community, so make sure your voice is heard.

5/ Drop your ideas on the forum to start a discussion 👇

forum.anchorprotocol.com

Prop 29 to freeze Anchor Protocol in order to protect against attacks is live. The voting period ends in 4 days.

Cast your vote 👇 🗳️

app.anchorprotocol.com/#/poll/29

Note: Users will still be able to withdraw from Anchor if Prop 29 passes.

Attention users, we are aware of the issue regarding access to Anchor Protocol. The team is currently investigating and are working to restore access as soon as possible.

app.anchorprotocol.com is up and running once again.

1/ Block 1 of the brand new Terra blockchain (with a chain_id of “Phoenix-1”) has officially been produced at 06:00 AM UTC on May 28th, 2022!

Congratulations to the #LUNAtic community on this expeditious feat of collaboration 🎉

1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives.

The community has been working around the clock to coordinate the new chain’s launch. Subject to potential change, we expect Terra to go live on May 28th, 2022 at around 06:00 AM UTC.

1/ For those who would like to bridge $bETH off of Terra to Ethereum, here’s a 🧵 on how to send your $bETH from Terra to Ethereum & swap it for $stETH, which yields you a staking yield of ~3.8% APR.

8/ Step 4: Convert $bETH to $stETH.

Go to 👇

anchor.lido.fi/unwrap

Connect your wallet, click the “To stETH” button, enter the amount of $bETH you would like to convert to $stETH on @LidoFinance, & convert it.

9/ You should now see the $stETH in your Ethereum wallet ✅

Note: you are now staking $ETH on @LidoFinance & earning staking fees. You can unstake your $stETH to receive $ETH using @LidoFinance.

1/ Terra governance prop #1623 to rename the existing network Terra Classic, LUNA Classic ($LUNC), and rebirth a new Terra blockchain & LUNA ($LUNA) is now live.

Vote here: station.terra.money/proposal/1623