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r/SatoshiStreetBetsSee Post

A glance at key finding in the 2023 token insight annual report

r/BitcoinSee Post

$ORCA.X Orca rated a very strong 💪 BUY and hold, will hit the double digits, huge money 💰 here it will over 10x buy Orca, Great Christmas present 🎁

r/CryptoMoonShotsSee Post

Invest smartly into Ninja Protocol on Solana blockchain — farming is starting now!

r/CryptoMoonShotsSee Post

Invest smartly into Ninja Protocol on Solana blockchain — farming is starting now!

r/CryptoMoonShotsSee Post

Ninja Protocol - farming will start soon

r/CryptoCurrencySee Post

How not to get distracted from a core portfolio?

r/CryptoCurrencySee Post

Anatomy of a Murder; What getting scammed actually looks like.

r/CryptoCurrencySee Post

An analysis of the decentralised exchange aggregator project PRISM on the Solana blockchain, and why I believe it will see growth.

r/CryptoCurrencySee Post

Puff is going to get us high AF!

Mentions

So i see ORCA in the top movers quite often. Is there any utility in it?

Mentions:#ORCA

$ORCA is bleeding now. I'm buying dips below $3.50.

Mentions:#ORCA

I like ORCA. I'm not sure what it does. But has a cool logo, and Oracs can tip over boats among various other Orca things. StorJ looks cool. Time to set up a node. Machine-to-machine crypto bidding wars for resources. AWS for a lot cheaper. Fun stuff.

Mentions:#ORCA

Should be ORCA

Mentions:#ORCA

SOL looks like it's ready to pump again. Already loaded a bag of PYTH, RAY and ORCA.

Yeah, I've earned the following airdrops personally: Secretswap Uniswap 1inch Paraswap Jup Prime OSMO JITO ORCA TIA DYM and at least 10 more that I can't recall.

ORCA & Injective

Mentions:#ORCA

ORCA dying like it lives in Seaworld

Mentions:#ORCA

ORCA ORCA!!! All my whale gains…no…

Mentions:#ORCA
r/CryptoCurrencySee Comment

U.I and user experience. It's fantastic to actually use after trying many others. It's almost like Apple helped them with their U.I, it's that good/ easy. Messing around on JUP and ORCA is just plain fun. And we all know from the iPhone how important a good UI is...

Mentions:#JUP#ORCA
r/CryptoCurrencySee Comment

This is the only sensible list I've seen here as it's not stuck in the last cycle. I'd prefer NTRN to MINA, as it is the only coin to accrue fees from the Cosmos ecosystem (ATOM does not). It might also make sense to look down chain on SOL and AVAX--ORCA, Qi, and BEAM, for example.

r/CryptoCurrencySee Comment

Anyone done a deep dive into ORCA? Been looking into it and it seems like they're doing the "selling shovels during the gold rush" thing but I'd appreciate any more information if anyone has it

Mentions:#ORCA
r/CryptoCurrencySee Comment

ORCA is my new spirit animal for the upcoming bullrun 🥳

Mentions:#ORCA
r/CryptoCurrencySee Comment

Been providing liquidity on ORCA for a few days on it, been hilarious to watch. SOL defi is actually pretty fun.

Mentions:#ORCA#SOL
r/CryptoCurrencySee Comment

Yo oheson. Thoughts on ORCA? DEX on SOL

Mentions:#ORCA#DEX#SOL
r/CryptoCurrencySee Comment

BTC is king. However, why have ETH when you can get exposure to it with UNI, which is more volatile. Same with SOL, such as with ORCA / RAY combo. MATIC you can have QUICK instead. Again, same exposure to these, but higher volatility.

r/CryptoCurrencySee Comment

I started on osmosis. Really beginner friendly. Learned about swaps, staking and LP from there. Moved into Luna. Still the best ecosystem UI/UX I've experienced in crypto. Sad that it's gone. Meddle a little with avax, gmx, Pendle. ETH is too expensive for shrimps like me.Now mainly just Kujir for ORCA

Mentions:#ETH#ORCA
r/CryptoCurrencySee Comment

ORCA alert 🚨

Mentions:#ORCA
r/CryptoCurrencySee Comment

Now that's what I call an *ORCA*

Mentions:#ORCA
r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1151l7p/daily_general_discussion_february_18_2023_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ralbq/daily_general_discussion_february_2_2023_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10pid71/daily_general_discussion_january_31_2023_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10i5m0a/daily_general_discussion_january_22_2023_gmt0/).

r/CryptoCurrencySee Comment

I just ate like a fucking king off a coin called ORCA this weekend.

Mentions:#ORCA
r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10dwvz3/daily_general_discussion_january_17_2023_gmt0/).

r/CryptoCurrencySee Comment

Only heard bad things about SOL and BONK, first time seeing ORCA shilled. If anything has above 10% apr it’s temporary and/or a scam.

Mentions:#SOL#ORCA
r/CryptoCurrencySee Comment

Don’t want to alarm y’all but there is a BONK/SOL pool on ORCA with a 540% APR, so I guess the only question is what color lambo?

Mentions:#SOL#ORCA
r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10b9r2e/daily_general_discussion_january_14_2023_gmt0/).

r/CryptoMarketsSee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10af5f6/daily_general_discussion_january_13_2023_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10af5f6/daily_general_discussion_january_13_2023_gmt0/).

r/CryptoMarketsSee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/104enw6/daily_general_discussion_january_6_2023_gmt0/).

r/CryptoCurrencySee Comment

MEXC/HUOBI has it You can also use the phantom wallet and swap SOL to BONK through ORCA/Jupiter in the wallet's swap feature

Mentions:#SOL#ORCA
r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/101s3ds/daily_general_discussion_january_3_2023_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zzfobr/daily_general_discussion_december_31_2022_gmt0/).

r/CryptoCurrencySee Comment

There was just an increase in coins that are "not currently available for trading" from 16 to 25 including MIM, LUNA, MIR and ORCA. Seems pretty scummy withholding assets from users.

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zw0x98/daily_general_discussion_december_27_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zw0x98/daily_general_discussion_december_27_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zva4xx/daily_general_discussion_december_26_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zs5yaz/daily_general_discussion_december_22_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zr404c/daily_general_discussion_december_21_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zjfh30/daily_general_discussion_december_12_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zjfh30/daily_general_discussion_december_12_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/).

r/CryptoCurrencySee Comment

$SOL $ORCA https://cointelegraph.com/news/solana-based-market-maker-integrates-stripe-for-fiat-crypto-transactions

Mentions:#SOL#ORCA
r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z8aq27/daily_general_discussion_november_30_2022_gmt0/).

r/CryptoCurrencySee Comment

#Terra Con-Arguments Below is an argument written by Shippior which won 1st place in the Terra Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Terra (Luna 2.0) with ticker [LUNA](https://coinmarketcap.com/nl/currencies/terra-luna-v2/) is the succesor of the original Terra, now rebranded as LUNA classic. Luna launched on the 27th of May 2022 amongst the chaos of the Terra bubble. In this bubble the stablecoin associated with the Terra ecosystem USTC (then UST) was depegged by several parties such that Terra and Bitcoin could be shorted as these would devaluate as a result of the the depeg. More about the collapse of Terra can be read [here](https://blog.chainalysis.com/reports/how-terrausd-collapsed/). > > Luna 2.0 was created (or rather much forked) by [Do Kwon](https://en.wikipedia.org/wiki/Do_Kwon), the inventor of the Terra ecosystem without a link to a stablecoin to provide the benefits that Luna brought without the risks of an algorithmic stablecoin attached to it. It was approved by the majority by vote (65.5%) on [proposal 1623](https://cosmosrun.info/terra-classic/gov/1623). LUNA was airdropped to both pre-attack as well as post-attack stakers and holders of LUNA and UST at the time the Terra collapse started on several chains according to pre-determined ratios. Luna 2.0 is, just as its predecessor based on Tendermint SDK which is also used by the Cosmos Hub. > > The first major disadvantage is that investors have lost a lot of faith due to the first attack. Many people have lost a lot of money, Terra 2.0 was an attempt to recoup some of that loss but it was not enough and that leaves many people salty. Currently the market cap of Luna 2.0 is below that of Luna Classic (1.7B vs 400mil according to coingecko). The trust in the chain is also limited due to the fact the aforementioned creater, Do Kwon, is faced by [several lawsuits](https://cryptobriefing.com/terras-do-kwon-facing-yet-another-lawsuit/) started by investors who lost money during the crash. Even before the crash Do Kwon was often heralded by the crypto community because he claimed to be all knowing and was overconfident of his knowledge and the performance of Luna Classic to the point of arrogance [[1]](https://twitter.com/stablekwon/status/1509319412674797572) and [[2]](https://twitter.com/stablekwon/status/1512604793365180421). > > Many developers have left the Terra ecosystem for other ecosystems. The transition to the Cosmos ecosystem is relatively easy as they are both based on Tenderminst SDK. Examples like ORCA (now [Kujira](https://kujira.app/)) and [Sei Protocol](https://www.seinetwork.io/). This is a logical decision as Cosmos has over [70,000 transactions](https://cosmoscan.net/cosmos/network-charts) and is only 6th in number of daily transactions in the Cosmos ecosystem a day versus [300,000 transactions](https://explorer.bitquery.io/terra/transactions) for Luna 2.0. Some teams have even completely abandoned the Terra ecosystem, one of the examples being [Messier](https://www.messier.art/), an NFT marketplace. Also other chains like [Polygon](https://twitter.com/polygonstudios/status/1529478832784396291?s=20&t=5wWnbqnTznjfn7TW71hjhg) have made funds available to poach developers and/or projects. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgtyd/coin_inquiries_terra_luna_20_conarguments_august/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive##wiki_terra.28luna.29) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z8aq27/daily_general_discussion_november_30_2022_gmt0/).

r/CryptoCurrencySee Comment

ORCA. Cuz I like orcas. Fite me

Mentions:#ORCA
r/CryptoCurrencySee Comment

I never do automatic buys. Only big ball drops. And then it just kind of depends on my mood. Like... If I feel like going to a casino, or I just had to pay my bills, or something else that involves money on my mind... I'll drop 500 in one of the CEXs I use and buy more of a bag I'm already holding. Bonus points for when I feel the casino mood and I see a crypto I haven't heard of that makes me feel good. Like ORCA! (This is not financial advice, I honestly don't know what orca is or does, but I've got some!)

Mentions:#ORCA
r/SatoshiStreetBetsSee Comment

I like the simplicity, it is good for growth and reaching out of crypto. ​ saved you a click >PIP, a web3 service provider to traditional platforms, has achieved 10 out of 14 features in its 2nd quarter 2022 roadmap. Following the launch of its social tokens, the web3 platform has only four features left to introduce this 2nd quarter, namely PIP.ME social integrations, BSC integration, BNB Support, and BUSD Support. Later this year, PIP will launch its LinkedIn and GitHub integrations and token swaps features. To the uninitiated, PIP is a service that integrates web3 functionalities into legacy social platforms. Through PIP, users of services that can be integrated with cryptocurrencies can buy and sell NFTs and receive cryptocurrency tips. Interestingly, the platform can simply be installed as a free browser extension. Users can just connect their phantom wallets to PIP and then integrate their social media accounts like Twitter (NYSE:TWTR) and Twitch. According to information provided to CQ, now “PIP Button” can be integrated into the websites of content creators and service owners. This extension will allow their respective platforms to generate extra revenue streams. Notably, the service employs a no-coding payment button that aids any user to integrate blockchain payment systems to monetize their content even without coding knowledge. The feature requires no signups and account registrations. Content creators can just select a currency, customize the button, and embed the button on any of their websites. The PIP button currently supports Solana (SOL) for transactions, including trading pairs with USDC, PIP, SERUM, RAY, KIN, and ORCA, among others.

r/CryptoCurrencySee Comment

Yea, ORCA MANGO and AURY are 3 solana tokens i'm adding. Polis and Atlas if it keeps developing.

r/CryptoCurrencySee Comment

Explore all the Defi protocols you can. Can be quite fun. If you'd like keep a spreadsheet open to track your gains /losses. Some ideas where to explore : - Solana: decent ecosystem, and I'm actually making profit here. I like using the ORCA DEX (but there's more) - Algorand: growing ecosystem, new shiny DEX's to try out. I like Tinyman, but there's also yieldly and more. - Fantom: lots of options (spooky swap, tomb finance , etc), - Binance smart chain: pancake swap is a great option, This is just a start, there are many other options too

Mentions:#ORCA#DEX
r/CryptoCurrencySee Comment

Its happening now $PUFF. Been killing the last 2 months and truth is that it has good utility and use case. The AMM on ORCA via Solana defi has been rad to me

r/CryptoCurrencySee Comment

I would buy a sol. Then take it orca defi, Swap half of it for PUFF which is the toekn of the stone Ape NFT's and provide liquidity to the SOL / PUFF pool, You will earn ORCA tokens and you can also double dip which pays out handsomely in PUFF. I turned two SOLS I purchased 2 months ago to $900 still in the pool earning 10 PUFFS a day. Check it out. PUFF is on a roll at the moment

r/CryptoCurrencySee Comment

I use ORCA to buy liquidations so I buy at local lows without worrying too much about the price. My recommendation is to look at the UST cap ratio to LUNA price. Based on that current fair price is $100, but if BTC moons, LUNA will moon too

r/CryptoCurrencySee Comment

On your last two points exactly, yes so liquidations actually happen on an individual basis there’s a new protocol that helps crowd fund it (quite fascinating too it’s ORCA). So by having my 1:3 collateral diversification and low TVL (Total Value Locked) which is how much you’re borrowing against your deposited collateral. Bonding Luna into bLuna doesn’t instantly make it collateral so it’s a neat form of arbitrage if you’re able to hone in on these technicals !

Mentions:#ORCA
r/CryptoCurrencySee Comment

Does anyone else like the look of ORCA

Mentions:#ORCA
r/CryptoCurrencySee Comment

I'm really hoping ORCA does well

Mentions:#ORCA
r/CryptoCurrencySee Comment

>Anyone happen to know the smallest market caps available on Coinbase pro? Coinbase makes it easier to sort by market cap on the trade screen. While Coinbase and Coinbase Pro sometimes don't have identical lists, they are usually similar. KNC, INV, MCO2, ORCA, and WCFG are some of the smaller ones when I sort the list. Note I am not a micro-cap buyer, so I typically don't look at small cryptos in the sub-billion dollar range.

r/CryptoCurrencySee Comment

Do you think ORCA has much potential?

Mentions:#ORCA
r/CryptoCurrencySee Comment

Was listed awhile ago though, not today and ORCA was listed at the same time and isn't up like that at all.

Mentions:#ORCA
r/CryptoCurrencySee Comment

"@SolChicksNFT are creating the next leading VC-backed P2E fantasy game on @solana 3rd minting of NFTs will be listed on BinanceNFT (TBA). Their $CHICKS token are listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA! Go check it out! solchicks.io"

r/CryptoCurrencySee Comment

Funny. Yesterday I bought a nice bag of ORCA. Then it gets listed on Coinbase. Then Coinbase backs off because "order books failed to meet the metrics we require to proceed to trading and have been paused". All in the same day. Any clue of what this means and what could happen now? Are they going to resume trading anytime soon? :\\

Mentions:#ORCA
r/CryptoCurrencySee Comment

"@SolChicksNFT are creating the next Axie Infinity on @solana. More game modes, 3D graphics, & better P2E mechanics! Secured 30+ partnerships & VC funding from the most prestigious VCs in the world! $CHICKS is listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

Daily Dose of Crypto : • Bitcoin dominance: 42.55% (-0.45%) • Cryptocurrency market cap: 1.712 Trillion Dollars (+1.96%) • BTC average transaction fee: $1.864 ( -3.51%) • ETH average gas Price: 122.79 Gwei (-8.60%) • 0x Protocol’s v4 release will soon let any project using the protocol’s smart contracts to offer swaps between non-fungible tokens • Coinbase on Monday began accepting inbound transfers of two Solana ecosystem tokens, FIDA and ORCA, confirming earlier reports. • Circle, has just reached a milestone of 50 billion USDC in circulation according to CoinGecko and a Feb. 1 tweet by company co-founder and CEO, Jeremy Allaire. • The total stablecoin supply currently stands at $177 billion, equating to around 9.7% of the total crypto market capitalization. Tether commands around 45% of that total, whereas Circle now takes a 29% share as the gap between them closes. • Cue Anchorage, a digital assets custodian, is in the final stages of bidding for a contract with the FDIC to act as a crypto asset management and solution provider. • Game publisher Team17 revealed plans to create Ethereum-based NFTs inspired by the Worms franchise. The announcement has received significant backlash on social media, with one game developer saying it will no longer work with Team17. • JP Morgan analysts have said that Bitcoin will struggle to get institutional adoption because of its volatility while Ethereum will face more competition from rival blockchains. • The latest bulletin covering the agenda for India's lower house of parliament includes “a lecture on understanding cryptocurrency” and its economic impact. The Cryptocurrency and Regulation of Official Digital Currency Bill do not appear as one of the 15 bills the government body will consider during its next session. • FTX has raised $400 million in a Series C round, which values the firm at $32 billion. • Crypto wallet Phantom has announced a $109 million Series B funding round led by Paradigm, an investment firm focused on crypto- and Web3-related companies. • Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.

r/CryptoMarketsSee Comment

"$CHICKS token is listed on @gate_io! Gate.io is a top rated digital currency trading platform with a daily trading volume of US$12 billion, with over 1000 currencies available for trading. Go check them out! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoMarketsSee Comment

"@SolChicksNFT are creating the next Axie Infinity on @solana. More game modes, 3D graphics, & better P2E mechanics! Secured 30+ partnerships & VC funding from the most prestigious VCs in the world! $CHICKS is listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

"@SolChicksNFT are creating the next Axie Infinity on @solana. More game modes, 3D graphics, & better P2E mechanics! Secured 30+ partnerships & VC funding from the most prestigious VCs in the world! $CHICKS is listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

Does this have so ething to do with the “create associated account” events in my solana history that i didnt do? They were connected to a bunch of weird spl tokens, like GRAPE ORCA and SCAMTOKEN 🤣🤣none of which i added myself. Sometimes smaaaaaalll amounts of sol like 5 cents worth were transferred out of thousands of accounts plus tons of 5cent fees.

Mentions:#GRAPE#ORCA
r/CryptoMarketsSee Comment

"$CHICKS tokens just listed on @gate_io! Gate.io is a top rated digital currency trading platform with a daily trading volume of US$12 billion, with over 1000 currencies available for trading. Go check them out! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

SOL (ORCA, RAY, WOOF). ETH MATIC AVAX MANA or SAND if you're feeling spicy.

r/CryptoCurrencySee Comment

"$CHICKS tokens just listed on @gate_io! Gate.io is a top rated digital currency trading platform with a daily trading volume of US$12 billion, with over 1000 currencies available for trading. Go check them out! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

"$CHICKS tokens just listed on @gate_io! Gate.io is a top rated digital currency trading platform with a daily trading volume of US$12 billion, with over 1000 currencies available for trading. Go check them out! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

"$CHICKS tokens just listed on @gate_io! Gate.io is a top rated digital currency trading platform with a daily trading volume of US$12 billion, with over 1000 currencies available for trading. Go check them out! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoMarketsSee Comment

"@SolChicksNFT are creating the next Axie Infinity on @solana. More game modes, 3D graphics, & better P2E mechanics! Secured 30+ partnerships & VC funding from the most prestigious VCs in the world! $CHICKS is listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoMarketsSee Comment

"@SolChicksNFT are creating the next Axie Infinity on @solana. More game modes, 3D graphics, & better P2E mechanics! Secured 30+ partnerships & VC funding from the most prestigious VCs in the world! $CHICKS is listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrenciesSee Comment

"@SolChicksNFT are creating the next Axie Infinity on @solana. More game modes, 3D graphics, & better P2E mechanics! Secured 30+ partnerships & VC funding from the most prestigious VCs in the world! $CHICKS is listed on @gate_io! Also available on MEXC, Raydium, 1SOL, & ORCA!"

r/CryptoCurrencySee Comment

And it's only getting better, decentralized liquidations with ORCA, decentralized and automated arbitrage to help tighten the UST peg with WhiteWhale

Mentions:#ORCA#UST
r/CryptoCurrencySee Comment

There's no turning it off, and the initial distribution was not great, but the VCs don't hold 50% of the total supply. I think if you looked at the returns on ORCA, Raydium, Aldrin, or the nice stablecoin rates of mercurial you might find something in Solana that is there for you. These posters act like SOL is the only coin in an ecosystem of over 200. If it was only SOL then maybe there would be a problem, but there's a thriving and growing community or hard working developers. Check out all the coins listed on dexlab for an idea

Mentions:#ORCA#SOL
r/CryptoCurrencySee Comment

Sounds like you have the capital to afford a lower rate on binance. The difference is I get to keep my BTC, ETH, and SOL in my phantom wallet. That minimal fee allowed me to both swap and own. Moving any of these assets out of binance has a substantially higher fee then swapping internally. Again, if you have a lot of capital then other networks might make more sense. ORCA and Raydium are like a professional version of pancakeswap. Swapping and leveraging with mango is nearly on par with binance, and feels so much less predatory. Polygon was my first choice, but the fees just to get in the door were prohibitive--for me. I think utility is the best reason to choose an investment ecosystem, so you're right in not having a reason to use SOL. Heck I only bought more ETH when it came to my network, maybe you'll end up buying wrapped SOL someday, who knows.

r/CryptoCurrencySee Comment

> cross chain collaboration and liquidity That means we need all the collective minds and chains to learn to co-operate. What's holding up the price is the amazing amount of dApps that currently exist. Literally Solana is better then any CEX. I can trade any coin practically (including ETH and BTC) for 0.3% fees. There's a massive amount of growing TVL in Raydium, ORCA, and the lending markets. I could go on. The reason I have a lot of SOL is because it lets me participate in crypto, and gives me access to nearly 300 other coins (some are wrapped).

r/CryptoCurrencySee Comment

Marinade finance and liquid staking spreads the stake to over 400 nodes (so you can shut it with the centralization FUD) * ORCA is the most user friendly AMM service built * Raydium is fantastic * Jupiter is the best swap tool * I can buy BTC and ETH for 0.3% fees and even earn double digit interest on them * There's a great community that invites people to participate, and as a result I'm a member of a DAO * We focus on positive collaboration between systems unlike anything I've seen in other networks...yet * We've got leveraged farming with Francium, Tulip, and Apricot * Lending markets: PORT, solend, larix * Liquid staking. I love my mSOL, but you've got Socean, and several others to choose from * You want to trade futures? I don't, but you can with mango You're missing out by only sticking to this toxic sub when over in the solana subreddit we're helping each other and educating (for the most part). Come visit with an open mind when you're ready, we're always ready to help 🍻🤝

r/CryptoCurrencySee Comment

What's odd is I look through your post history and you literally have no history of posting about crypto yet you suddenly have deep researched opinions of this matter? 🤔 I really enjoy my life, and I spend a good deal of it helping investors navigate the multitude of choices available within the Solana ecosystem. You know like ORCA, Raydium, Aldrin, PORT, Apricot, Francium, Tulip, Solend, Mango, and many, many more...but I'm sure you're aware of the thriving ecosystem that exists. Focus on the good things in life, and don't participate in market manipulation. One of these people is literally telling me that I should sell or I'm a moron...that's not ok.

Mentions:#ORCA#PORT
r/CryptoCurrencySee Comment

Try Raydium or ORCA.

Mentions:#ORCA
r/CryptoCurrencySee Comment

ORCA - it's the most user-friendly DEX I've ever seen. It runs on Solana and it's just a great pickup in general. They have a great team.

Mentions:#ORCA
r/SatoshiStreetBetsSee Comment

SLND and ORCA are my solana moonshots

Mentions:#SLND#ORCA
r/CryptoCurrencySee Comment

You haven't been looking at all at the defi services, or the community members. We're the least fanboy oriented crypto, and why would I need to explain the inner workings of PoH? There are thousands of people who make up Solana, not just some meglomaniac CEO that you believe is Anatoly. I'm fascinated by smart contracts, and what they have done for my finances, and what they will do for the future. Let me know when I have similar services to liquid staking with [marinade.finance](https://marinade.finance) , or the ORCA dex, or leverage farming like francium and [tulip.garden](https://tulip.garden). Or reasonable loan and borrow rates from services like Apricot, Port, Larix, Solend. I think all crypto is pretty great. Solana is doing a lot of things before the others currently. Things will changes and evolve, but for now you are the fanboy who is just taking a 💩 on Solana because it's trendy. If you want a real in depth explanation of Solana without being condescending join the discord groups and ask questions.

Mentions:#ORCA
r/CryptoCurrencySee Comment

ORCA

Mentions:#ORCA
r/CryptoCurrencySee Comment

The best way to avoid fees is to buy your ETH and BTC is on a Solana AMM like ORCA or Raydium (or one of the other dozens of great alternatives). You can also buy almost any coin and stuff it into a Solana wallet. This is a great reason and reminder to leave your centralized exchange and join the true decentralized future by storing your coins in a wallet that you own.

r/CryptoCurrencySee Comment

Look into ORCA & SAMO

Mentions:#ORCA#SAMO
r/CryptoCurrencySee Comment

SBR or ORCA ? For a shot at something that will get good news during the next Solana conference. I'm already big a few other tokens in the ecosystem such as SRM, TULIP, and SUNNY

r/CryptoCurrencySee Comment

Yeah just got a 10x this week with SAMO. Did some research early because I couldn’t find any low-cap memes on Solana. Figured since SOL was doing well more money would flow into the good projects sooner or later and then the memes. Looked up every project that was listed on ORCA and Raydium (both defi exchanges) and pools with good APRS. Saw that the APR for SAMO was 300ish% had low liquidity staked in pools but had a high guaranteed payout so figured I might as well park some money in it and wait until more people joined the pool. Looked at the roadmap, white paper, all socials etc… only increasing numbers and very sold community for a coin so farm down the list and it was backed by SAM CEO of FTX and figured it was only a matter of time before more people in SOL bought into it. Not saying that all these indicators guarantee parabolic increases but they usually don’t happen without them unless it’s a pump and dump.

r/CryptoCurrencySee Comment

BTC-mSOL and ETH-mSOL pairs were added to Solana (ORCA, Raydium), there are now high APY on lending markets (Francium, Solfarm) to match the leverage opportunities. I can now say with confidence the best place for BTC and ETH are in Solana 😀