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To the $LUNA: The Delphi Debrief
Adding to the excitement, of course, was the fact 50M Anchor tokens were airdropped to users that staked Luna...In anticipation, we published a brand-new Daily on how Anchor could impact the value of Luna and the...post, which was seconded by Terra’s founder Do Kwon: (Disclosure: Delphi Ventures is an investor in $LUNA...
4 Min
NFTs
Mar 2021
Stablecoin Growth Propels LUNA Forward
. $1) for newly minted LUNA....any LUNA that gets minted dilutes miners who have LUNA staked...., depressing the LUNA price....Since then, ~470 M USD worth of LUNA has been swapped to mint Terra, burning 4.3% of LUNA’s total supply...This implies that $1 worth of LUNA must be destroyed to mint a single TerraUSD. ...
6 Min
Stablecoins
Mar 2021
Delta-Neutral AXS Farming, LUNA Burns, Yield Generating NFTs
Nonetheless, AXS, LUNA, and DYDX were among today’s top gainers....AXS and LUNA hit fresh ATHs today following the implementation of AXS Staking and Terra’s Colombus-5...The most significant change to the token economics was the decision to burn LUNA permanently instead...LUNA (worth over $1bn at current prices).
4 Min
Infrastructure
Oct 2021
LUNA Burns, Upcoming Mints, & The Aku Story
Chart of The Day: LUNA Burns in 2022 For those unfamiliar with the relationship between LUNA and UST...Each UST minted requires an equivalent dollar amount of LUNA to be burned, with the redemption function...of each UST being able to mint $1 worth of LUNA....UST’s impressive growth of $6.5B in supply YTD has resulted in a continuous burn of LUNA supply, with...
9 Min
Infrastructure
Apr 2022
SOL & LUNA DeFi Explosion, Anchor & Lido Symbiosis Drives UST Demand
SOL and LUNA have been stand outs, hitting fresh all-time highs....The jump in both of their TVLs is likely due to the sharp price increase in SOL and LUNA, the native...SOL & LUNA stand out. Anchor's integration with Lido helps drive UST demand.
3 Min
Infrastructure
Aug 2021
Exchange Exodus, Staking LUNA-cy, TikTok Trends
Staking LUNAcy Today LUNA saw an upward movement of approximately 15%, which was likely caused by the...increase in LUNA staked and LUNA burned. 1.14 million LUNA were burnt from the circulating supply today...Additionally, we also saw an additional 3.59m of LUNA tokens being staked and removed from the liquid...from LUNA’s liquid supply.
4 Min
NFTs & Gaming
Jul 2021
Terra's TVL Growth, Lido's LUNA Benefits, DEX Valuations
In Terra’s case, DEX base pairs usually utilize UST instead of LUNA, therefore this growth in TVL is...Lido TVL Grows as LUNA Price Appreciates Another beneficiary of a higher LUNA price is liquid staking...on the Terra network has increased meaningfully since the 27th of November, around the same time the LUNA...circulating LUNA supply.
4 Min
Staking
Dec 2021
Yuga Labs Revives NFTs, LUNA Outperforms, & Key Market Levels
...highlighted two names that were showing decent relative strength in the face of dire market conditions: LUNA...LUNA has been on an absolute rampage over the last two weeks, printing a fresh all-time high as markets...At the time of this writing, LUNA is once again flirting with a triple-digit price tag after doubling...
5 Min
NFTs
Mar 2022
LUNA ATH Breakout, DEX Volumes Rise, Hawkish Fed Commentary
LUNA New ATHs LUNA hit a fresh all-time high yesterday, undeterred by Powell’s hawkish comments that...LUNA’s circulating supply saw a sharp spike on Nov. 11,  caused by an increase in the amount of LUNA...Approximately 88.675M LUNA will be burned over this period.
5 Min
Macro & Markets
Dec 2021
Mirror vs Synthetix? How About Terra
. $1) for newly minted LUNA....LUNA does, I’ll explain....This is value-accretive to LUNA stakers....This is value-accretive for LUNA stakers....Again, this is value-accretive for LUNA stakers....attracting much of the attention right now, we’ve pursued a different strategy by investing in Terra ($LUNA...
16 Min
DeFi
Feb 2021
Anchor Runs A Surplus After Adding bETH
Layer 1 tokens have been in the spotlight lately, with AVAX on a tear while LUNA and SOL hit all time...As seen in the chart below, LUNA’s price appreciation has helped propel Terra’s TVL higher, making it...Layer 1 tokens have been in the spotlight lately, with AVAX on a tear while LUNA and SOL hit all […]...
6 Min
Derivatives
Aug 2021
DeFiant In The Face of Volatility
The recent UST depeg and LUNA’s collapse were devastating; the event sent shock waves across the industry...Osmosis, which had a high number of UST and LUNA pairs issued an emergency upgrade hard fork to shift...
6 Min
AMM
May 2022
February 2021 Analyst Call
Analyst Call in an updated format where we cover Bitcoin, Ethereum, SUSHI, UNI, NBA TopShots, Mirror, Luna...
2 Min
Asset Management
Feb 2021
BTC Pain, UST Turbulence, & Intro to Token Sinks
1 UST for $1 worth of LUNA (more on this later)....system and structural selling from LUNA’s natural mint/burn mechanism....Similarly when UST is trading < $1 you can use 1 UST to mint $1 worth of LUNA, increasing the LUNA...supply and capturing an arbitrage (by selling the newly minted LUNA).
7 Min
Macro & Markets
May 2022
Osmosis: Diffusion Across the Cosmos Ecosystem
...to LUNA<>OSMO....In the above example: A) User has 12 LUNA and 70 OSMO, they put 2 LUNA and 10 OSMO in single side staking...and 70 OSMO to 17 LUNA and 50 OSMO. ...For example: in a slashing incident with a 5% penalty a user with 100 LUNA staked would lose 5 LUNA.
10 Min
AMM
Mar 2022
Flash Update: Macro, Crypto, & Terra
Topics Market Update – Macro, S&P500 & Bitcoin Terra Update – LUNA/UST/ANCHOR Market Update...1 UST for $1 worth of LUNA (more on this later)....system and structural selling from LUNA’s natural mint/burn mechanism....Similarly when UST is trading < $1 you can use 1 UST to mint $1 worth of LUNA, increasing the LUNA...
7 Min
Stablecoins
May 2022
Delphi Office Hours Call (May 18th, 2022)
Users can also use the native Luna mint-burn mechanism to redeem UST for Luna, and I’ll touch on this...Luna....borrow UST against the Luna, blast the market with UST, borrow more Luna which is then cheaper due to...We saw this during the Luna day....You saw that during Luna day.
36 Min
Layer 1 / L1
May 2022
Anchoring The Market To A New Reference Rate
LUNA staking rewards: 100M ANC tokens will be distributed to LUNA stakers over the first two years of...to a decreasing LUNA supply)....LUNA staking rewards: LUNA stakers will receive 10% of the total ANC supply over the coming two years...However, bLUNA will only be able to be created with LUNA, not with staked LUNA.
10 Min
Layer 1 / L1
Mar 2021
UST Demand Surges, Markets Turn Sour, & Ember Sword Alpha
Each UST is minted through the burning of LUNA and can also be redeemed for the dollar equivalent of...LUNA by burning UST....This has led up to a net burn of ~11.8M LUNA over the course of 2 weeks....Luna Foundation Guard (LFG) recently announced a $450M LUNA burn to capitalize Anchor Protocol’s Yield...
6 Min
Stablecoins
Feb 2022
Governance Digest
Terra has two proposals in the pipeline: Pre-COL5 Burn will burn 88,675,000 LUNA from the community...This leaves 10m LUNA in the community fund....Due to stablecoin swap fees routing to LUNA stakers, this may also increase staking rewards....LUNA Osmosis Incentives are being voted on for the LUNA/UST and OSMO/UST pools on Osmosis DEX.
7 Min
DAO
Nov 2021