In this edition of Terra’s Project Spotlight, we are pleased to present Sayve — a platform that aims to revolutionize language learning.

Introduction

In the ever-evolving landscape of Web3 technology, innovation is not confined to financial systems; it extends its transformative touch to various facets of our lives.

SAYVE Protocol stands as a testament to this innovation, a pioneering project built on the Terra blockchain that aims to revolutionize language learning. By seamlessly integrating blockchain technology, AI advancements, and immersive gaming dynamics, SAYVE has crafted a unique Learn-to-Earn (L2E) protocol that empowers users to master languages while reaping substantial rewards. As we embark on this journey through the SAYVE universe, we also delve into the NFT odyssey that is Vox Universe Babbleground — a groundbreaking NFT gaming experience that reshapes how we engage with the metaverse.

The Vision: Bridging Language Learning and Web3

At the heart of SAYVE’s mission lies the profound intention to redefine language learning by embracing the capabilities of the Web3 realm. Language proficiency is a vital life skill, and SAYVE seeks to inspire learners by intertwining language acquisition with direct incentives. The conventional hurdles in language learning, such as maintaining motivation and practical application, find innovative solutions within the dynamic ecosystem of SAYVE.

L2E Mechanism: Merging SocialFi and GameFi

Central to SAYVE’s paradigm-shifting approach is its Learn-to-Earn mechanism, enhanced by AI technology that delivers personalized real-time feedback to users during their language learning expedition. This flexible learning structure empowers users to pace themselves, progressively building their confidence in speaking while accumulating $LINGO tokens as tokens of accomplishment. These tokens can be seamlessly integrated within the immersive metaverse environment or converted into other cryptocurrencies. The fusion of SocialFi and GameFi elements ensures users refine their language skills and indulge in an enchanting and captivating metaverse experience.

Psst.. The team has previously released a sneak peek of the VOX Bazaar here.

Language Learning: A Practical and Transparent Endeavor

SAYVE’s language learning approach strikes a harmonious balance between practicality and transparency. Users are guided through acquiring practical phrases that can be instantly applied to real-life scenarios. The curriculum’s foundation lies within The Common European Framework of Reference for Languages (CEFR), ensuring users attain proficiency levels that embolden them to communicate confidently. The entire learning journey is meticulously recorded in NFTs, imbuing transparency and authenticity into the showcase of language competency, whether for professional or recreational endeavors.

See this in action here!

Game Dynamics: Unveiling the Vox Galaxy

Nestled within SAYVE’s expansive ecosystem is the enthralling Vox galaxy — an immersive canvas where users undertake an epic quest to thwart the nefarious schemes of GPT-X, a formidable AI entity. Armed with NFT characters and equipped with gear, players engage in missions to secure phoneme crystals that hold the key to the galaxy’s salvation. Yet, a tantalizing twist presents itself; players have the choice to either thwart or aid GPT-X in its ambitions. The rich tapestry of the Vox galaxy narrative adds an extra dimension of intrigue to the language learning journey, drawing users into a captivating narrative web.

Attributes and NFTs: The Key to Progression

SAYVE’s intricately designed attribute system forms the backbone of an immersive gaming experience, enabling users to elevate their characters and gear. Attributes encompass wages, vigor, resilience, and more, all influencing the user’s capacity to learn and earn. NFT characters can be adorned with gear that imparts unique buffs and debuffs, directly influencing the user’s gameplay and educational odyssey. This seamless integration of attributes and NFTs fosters a dynamic and engaging progression system, enriching the overall user experience.

See what you can do with your gear here!

Terra Blockchain: The Architect of SAYVE’s Vision

The bedrock of SAYVE’s pioneering vision rests upon the Terra blockchain, a testament to the project’s commitment to innovation and sustainability. The team has chosen to build on Terra because of its high-speed, cost-effective transactions, and unparalleled scalability, which fully align with SAYVE’s goals, ensuring a user experience that is not only seamless but secure. The fusion of Terra’s technologies instills a sense of trust and integrity within the ecosystem, empowering users to confidently embark on their language-learning voyage within the metaverse.

Conclusion

SAYVE Protocol stands as a vanguard in the revolution of language learning within the Web3 era, a testament to the convergence of education, gaming, and blockchain technology. Through its AI-powered L2E mechanism, immersive game dynamics, and integration with the Terra blockchain, SAYVE empowers users to embark on an enlightening language acquisition journey, all while reaping tangible rewards. In shining the spotlight on the potential of Web3 in language learning, SAYVE exemplifies the boundless horizons that arise at the intersection of technology and education.

Join SAYVE in its audacious mission to redefine language learning in the Web3 era and become an integral part of a global community that nurtures linguistic proficiency, cultural exchange, and personal growth.

Step boldly into the NFT odyssey that is Vox Universe Babbleground, a symphony where learning, earning, and the metaverse coalesce into an unparalleled gaming experience.

Feature Roadmap

The Sayve team has put together an exciting roadmap to continually engage with its community. Check it out below:

Q3 2023

• Genie Campaign with Backbone Labs & Lion DAO
• Official NFT launch with Backbone Labs
• Game App Mainnet Launch
• Broca, Wernicke, GPT-X factions
• Joint-Task Ambassador Program

Q4 2023

• Android App Beta Launch
• Language Virus Outbreak, influence war system launch
• Genesis gears mint
• More language content via governance or Enterprise DAO

To learn more about Sayve, connect with the team through the various social channels below or join the early access

Stay Updated

• Website
• Twitter
• Telegram
• Discord

Project Spotlight — Sayve was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

In this edition of Terra’s Project Spotlight, we are eager to present Eumlet — a revolutionary Next-Gen Payments Platform.

🤫 Pssst.. the app is live now at app.eumlet.com

Eumlet is a business payments operating system designed for Web3. The platform offers businesses a range of tools to digitise payment processing, manage their accounts, and obtain valuable insights from their data efficiently and securely. Eumlet is committed to creating opportunities for businesses to benefit from the switch to Web3. The user-centric platform is feature-rich and designed to meet users where they are in their adoption journey. With the Fiat to Web3 Bridge, businesses can easily and securely convert traditional currencies to cryptocurrencies natively with no intermediaries — a first in architecture to directly connect traditional banking systems to Web3.

How it All Began

Eumlet began its journey in 2021 with the goal of empowering underserved SMEs to build a more sustainable and resilient future. Ultimately, Eumlet strives to accelerate Web3 adoption and win the fourth industrial revolution of digital cash through stablecoins.

The Eumlet team has a combined 75+ years of experience in the technology and finance industries, building and scaling some of the largest systems for major financial institutions and hailing from tech-pedigree companies such as Microsoft, Google, and AWS.

Eumlet took a build-first approach and launched their alpha on Terra mainnet in early 2022. Since then, Eumlet has been continuously evolving, allowing businesses to onboard by native integration of their bank accounts in seconds. Businesses are then enabled to pay, manage, and sell using one of the most innovative user experiences, making the switch from Web2 to Web3 smooth and seamless — all while being fully decentralised. Eumlet also pushed the boundaries of digital payroll, allowing workers to enjoy cash salary advances or ‘earned wage access’.

Target Users

A staggering 90% of global businesses are SMEs, yet they lack access to financial digital payment processing capabilities. Existing payment systems are not designed to interact with digital services, further fragmenting the SME experience. What SMEs need are borderless banking capabilities that can help enable global growth and connect to existing digital services and serve their processing needs.

There are millions of SMEs aspiring to digitalisation with an already growing number of digital SMEs. Eumlet will empower these businesses and workforces to onboard, sell, manage, and pay digitally — allowing them to thrive.

Product Strategy

The vision behind Eumlet is to create a business payments operating system on Web3 by crafting seamless user experiences — leveraging the benefits of blockchain technology to facilitate faster business payment operations and empowering users to do more with their capital.

What Eumlet Offers:

1. 💨 Fast and Easy Onboarding: A native architecture to directly connect traditional banking systems to Web3, enabling disintermediated fiat transfers in and out of crypto directly from your bank account in less than 5 seconds.
2. 💲 Cost-Efficient: A ‘fixed fee’ for on and offboarding between bank accounts and Web3.
3. 📈 Designed for Adoption: A simplified experience — single sign-on, email-driven payment workflows, 2-click payments, and a suite of payee management features.
4. 🛟 Safe and Secure: Decentralised, non-custodial wallets without the management overhead.
5. 👩‍💻 Built for Developers: Integrate a business, app, or website to onboard, pay, manage finances, or sell.

Use Cases

Eumlet is a mature product with extensive use cases, which makes it a highly scalable opportunity across the world.

• Sell anywhere, to anyone: Simplified selling through QR codes and payment links.

• Cross-border payments: SMEs can make and receive payments internationally. Manage payments to suppliers instantly and securely by leveraging smart contracts and DAOs.

• Digital payroll: SMEs can manage payroll, workers, and rates and make real-time payments.

• Earned wage access: Workers can access earned wages in real-time at a click of a button.

• Freelance workers: Freelancers, workers, and startups are able to receive time-based payments based on milestones or on statements of work.
• Invoice management: SMEs can easily send, manage, and pay invoices, reducing time and costs.

• Recurring, batch, and subscription payments: SMEs can manage recurring payments (i.e. subscriptions) or automate manual payments into predictable one-click transfers using digital currencies.

• Automated authorisation workflow: Assign a member to authorise transactions above a certain limit.

How to Onboard

Eumlet does away with the complexities of onboarding into Web3 with existing methods. Users are greeted with a native feel, allowing them to seamlessly integrate into Web3 using USD, EUR, GBP, and AED, with more currencies coming soon.

To demonstrate just how easy it is, here’s the onboarding flow:

1. Connect your bank account

2. Deposit, and you’re done!

Feature Roadmap

Eumlet has a host of upcoming features in addition to some very exciting AI-based integrations, leveraging the team’s decades of experience.

• 📱 Mobile app
• 💳 Credit and debit card integration
• 🛍️ Merchant services for apps
• ⛓️ Blockchain IBANS
• 💬 Social media integration
• 💻 Full SDK and API
• 📊 Transaction analytics
• 🤖 AI yield engine

Eumlet is Live! 🚀

Sign up here. If you have any feedback or queries on partnerships, reach out to the team at hello@eumlet.com.

Stay Updated — Join the Eumlet Community

• Website
• Twitter
• Telegram
• Discord
• LinkedIn

Project Spotlight — Eumlet was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

In our newest issue of Terra’s Project Spotlight, we’re pleased to re-introduce Lunar Assistant — the Discord bot which provided token-gated channels for over 16k users across 200+ projects, now live on Terra mainnet.

To many LUNAtics in our community, Lunar Assistant is a familiar face that they would have interacted with. You may have seen it appear in a Discord server when connecting your wallet with the lunar-link command.

GraviDAO, the team behind Lunar Assistant, has continued to ship quality products. In this article, we’ll share more about what they’ve been up to and demonstrate how the team has deployed the Emergency Builders’ Allocation, granted by the Terra Community.

Background

The team’s history started in the summer of ’22, when they attended the SpaceCamp Hackathon with the likes of Galactic Punks and Apollo DAO. Not long after, they launched Lunar Assistant, which found product-market-fit in the nascent TerraNFT space and went on to win 1st prize in the NFTerra Hackathon.

Continuing their mission to provide community-value, GraviDAO went on to expand Lunar Assistant with new modules over the subsequent months.

Some of those were specifically requested by, and tailored to, popular Terra projects:
- LP-token integration for Midas’ Space Dollars
- Custom API module for Levana
- Staked NFT integration for Galactic Punks

Lunar Assistant V2

Over the last few months, GraviDAO has been quietly redesigning its flagship product into a truly future-proof application.

In this section, we’ll dive a little deeper in what that means.

How it works

Lunar Assistant manages the link between your Terra wallet and your Discord account. By signing a one-time, cost-less transaction through the Lunar Link onboarding flow, a Discord user verifies he or she is the legitimate owner of their NFTs or tokens. Web3 projects running Lunar Assistant then use this to grant the user special roles and access rights.

Under the hood

With their V2 build, GraviDAO has taken the next step in ensuring they can continue to provide reliable infrastructure. The application now runs on an event-driven, multi-chain indexer which ‘listens’ for blockchain events relevant to the projects running it. By filtering out non-relevant events, Lunar Assistant achieves instant and scale-able Discord role verification.

How it benefits you as a user

Lunar Assistant makes getting your exclusive Discord roles super easy.

With the new multi-chain architecture, you can look forward to having a familiar face greet you wherever you go, smooth and simple.

Say goodbye to the frustration of juggling a gazillion different dApps!

Lunar HQ

We’re super delighted to see where Lunar Assistant has gone so far, but this isn’t the only thing the GraviDAO team has been working on. Building on its previous success, they’ve expanded Lunar Assistant into a WebApp called Lunar HQ, to be released this fall.

We were able to gather some alpha on what this new product aims to bring us and are excited to share with you the TL;DR.

TL;DR

As an open-source project, GraviDAO has been listening closely to community feedback. All of the feature requests people and projects have made over the last 6 months will now be shipped in a beautiful, modular webApp.

That includes more technical requests such as boolean logic for nested roles tailored towards project owners, but also user-oriented requests such as support for adding multiple wallets to your account and a much anticipated Discord Announcement Aggregator.

Discord Announcement Aggregator

Trying to stay on top of a couple dozen NFT projects on Discord can become a pain. That’s why GraviDAO is including an announcement aggregator in Lunar HQ. Put simply, you’ll be able to create your own Discord news-feed by subscribing to channels of your choosing.

Lunar HQ will be available for holders of the Lunar Assistant: The Giving series. Scroll down for a feature list together with a few UI previews.

Feature list

• 2-Click sign-up
• User dashboard
• Discord announcement aggregator
• Multiple-wallet accounts
• Multi-chain support
• Tokens, NFTs, staked NFTs, etc.
• Nested role-rules
• Trait-based rules
• Boolean logic
• Custom API support
• Off-chain voting
• Server KPIs

The GraviDAO Podcast

Besides building applications, GraviDAO has also ventured into content creation to build out their thought leadership in the space.

Together with Rick, who ran the Lunatic Station Podcast, the team has been releasing weekly episodes for a solid two months, with notable speakers such as Kujira, Luna Bulls, DystopAI, and Terraspaces. Future episodes in their ‘The State of NFTerra’ series will include Levana and Galactic Punks.

Bolstered by Maria Elias, a video editor who’s worked with Oscar-nominated actors such as Brad Pitt and Sandra Bullock, the team is pushing their content to the next level. Be sure to give them a look and drop in their Discord for podcast-related quizzes with fun rewards.

Learn more

All the links you need — https://linktr.ee/gravidao

Lunar Assistant — https://lunarassistant.io

Twitter — https://twitter.com/GraviDAO_

Project Spotlight — Lunar Assistant was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

In this issue of Terra’s Project Spotlight, we’d like to feature a name that OG Terra users will remember — Kado. In V1 on Classic, Kado was the go-to on-ramp into Terra.

Kado changed the game as the easiest, fastest, and cheapest way to natively onboard fiat into Terra. If you’re new to Terra, you’re in for a treat. Terra builders and users will be happy to know Kado is back and better than before, with new and improved features and use cases.

Background

Kado was born during a Terra hackathon in 2021, with the goal of being able to spend stablecoins in the real world and easily buy more of them. Kado saw incredible growth in its first 2 months of Kado Ramp — with 100+ countries, $20m+ on-ramped, and over 10,000 users — with B2B partnerships being built out across most Terra dApps.

With V2, Kado aims to not just be another fiat on-ramp, but a full suite of web3 payment infrastructure solutions. Not only will users be able to seamlessly move between fiat and the Terra blockchain, but as Kado develops partnerships with cross-chain platforms — users will be able to onboard to any Terra dApp, regardless of the chain they’re on.

Kado enables transactions that send users directly into the applications they wish to use, skipping high fees and unnecessary wait times. They’re steadfast on offering the fastest time-to-wallet and best fees/slippage not just for the Terra ecosystem, but for the Cosmoverse and beyond.

Target User

Kado is built with web3 applications in mind, so builders can best serve their end users and make it as seamless as possible to onboard directly to their application. Getting in and out of web3 is a major pain point for both new customers and for crypto native customers.

Whether building a wallet, DeFi protocol, NFT, game, DAO, or otherwise on Terra — Kado intends to continue offering the best asset pricing, lowest fees, fastest time-to-wallet, and most secure gateway between fiat and crypto. Seamless web3 onboarding = higher conversion rates and more sticky users for your application.

Kado empowers the exponentially growing web3 native user base who wants to do more than just speculate and buy a token on a centralized exchange. With Kado, you can be your own gatekeeper, and buy or sell assets directly with your personal, non-custodial wallet.

Product Strategy

Kado aims to deliver the best onboarding experience for web3 applications in the Terra ecosystem by focusing on:

1. Trust & Security

There is nothing more important in web3 than customer trust and security. Everything at Kado’s core is built with optimal security best-practices and safeguarding mechanisms, to ensure our customer funds are safe. Gaining trust also means the platform needs to work as intended, getting you the asset you want, at the best rate, at all times. This is core to Kado’s mission.

2. Speed

Kado produces lightning fast fiat-to-crypto transactions, and is focused on providing the fastest time-to-wallet in the space. Terra users can instantly move assets between their bank account and web3 as they wish.

3. Simplicity

User experience in web3 today is one of the biggest friction points when it comes to onboarding new users. The Kado UI/UX is smooth and convenient. The intuitive dashboard allows users to connect multi-chain web3 wallets with just one click. The purpose-driven system eliminates confusion by showing users clear direction, and keeps the interface simple — serving new users and crypto-natives alike.

4. Speed

Kado intends to continue to offer the best asset pricing and lowest fees while also expanding local payment methods around the globe. Kado is here to transform the on-ramp experience by offering its users the lowest fees and price slippage when purchasing digital assets.

5. Convenience

What is more convenient than secure, fast, and cheap transactions on a user-friendly UI/UX? Kado offers everything you need to get in and out of the Terra ecosystem, whenever you want.

Product Vision

Kado aims to be the universal web3 payments solution provider to open the gates for mass adoption of crypto and web3. Kado will empower Terra users, dApp builders, and the entire Terra ecosystem to benefit from next-gen web3 payments infrastructure, starting with the ability to convert fiat to crypto.

Use Cases

Kado will enable seamless fiat payment solutions for Terra through a variety of use cases:

• DEXs (e.g. Astroport)
• Wallets (e.g. Terra Station, Leap)
• NFTs (e.g. Knowhere Art, RandomEarth)
• DAOs (e.g Galactic DAO)
• Payments
• Games, and more!

Kado’s goal is to remove as many onboarding friction points as possible. In the future, Kado will enable direct fiat capabilities into the protocols themselves. Imagine trading on Astroport, buying a Galactic Punk, or off-ramping your stablecoin payments directly with your bank account.

How Projects and Builders Can Integrate Kado

As Kado aims to meet users where they are on their web3 user journey, they make it super easy for Terra dApps to integrate the Kado flow directly on their front end. Kado offers lightweight integration methods today:

• Link out experience to https://app.kado.money/ramp, with query-string parameters for default states (for network, asset, and Terra wallet address)

• Widget iFrame Integration — implement the Kado On/Off-Ramp directly in your application, so users can stay on your website or mobile app.

Product Roadmap

Kado is just getting started…

• Protocol Integrations
  Kado plans to partner with all Terra apps who need seamless onboarding, and can easily integrate Kado’s Widget and/or API into their front end
• Fiat <> Smart Contract integrations on Terra
  E.g. Purchase an NFT on Terra with your credit card
• API Integration
  Implement the Kado payment rails directly into application’s UI/UX, and have control over the user flow, experience, and branding. No Kado branding or widget necessary.
• More international, local bank payment methods
• More cross-chain functionality

As the Terra ecosystem continues to grow, there will be an extensive amount of ground breaking integration opportunities with Kado.

Try Kado Now

• Jump in and try out Kado today at app.kado.money! If you’re building on Terra and looking to enable seamless onboarding directly to your protocol, reach out directly to Kado at partners@kado.money.

Learn more

Website — kado.money

Twitter — https://twitter.com/kado_money

Project Spotlight — Kado was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Terra 2.0 is nearly here. As a community-owned network, Terra will have its native staking token, LUNA, airdropped to its community, as described in Proposal 1623.

Upon Genesis on May 27th, 2022, eligible holders of LUNC, USTC and aUST will be airdropped LUNA on the new chain. The full distribution schedule can be found below.

LUNA Airdrop

The amount of LUNA you will be eligible to receive will be determined by the types of tokens you held on the Terra Classic chain, the time-period that you held these tokens (based on Pre-Attack and Post-Attack snapshots), and the quantity of tokens held.

The Pre-Attack and Post-Attack snapshots are as follows:

Eligibility

You will be eligible for the LUNA airdrop if you:

At the Pre-Attack snapshot, hold:

• LUNA (including staking derivatives)
• Less than 500k aUST (UST deposited in Anchor)

And/or at the Post-Attack snapshot, hold:

• LUNA (including staking derivatives)
• UST

When Will I Receive My Airdrop?

As Table 2 illustrates above, the distribution and vesting of airdropped LUNA depends on the wallet’s token type & quantity, as well as the snapshot it exists in.

Date of first airdrop: Genesis — May 27th, 2022

At Genesis, 30% of the LUNA airdrop will be immediately available to Pre-Attack users with wallets that had less than 10k LUNA (including staking derivatives) or deposited UST in Anchor, and Post-Attack users with any quantity of LUNA (including staking derivatives), UST, or both.

Example Scenario — Alice

Alice holds LUNA and is an Anchor depositor. She has the following tokens in her account：

Alice will receive 30% of her eligible airdrop at Genesis on May 27th. Thereafter, her remaining airdrop will be vested linearly to the same wallet address over 2 years with a 6 month cliff.

Vested LUNA

At Genesis, all airdropped, vesting LUNA will be automatically staked to Terra validators in order to preserve network security. Users will earn staking rewards on their vesting LUNA starting from the point at which it is staked, and can claim these rewards at any point. Users can also undelegate, redelegate, and delegate their LUNA while it’s vesting and being staked. This ensures users have agency over which validators their vested LUNA is staked with.

Following the unlock of LUNA at Genesis, users will not receive the additional vesting LUNA until at least 6 months later (this is known as a 6-month cliff). The vested LUNA will be distributed every block (approximately every 6 seconds) to the same wallet address after the user’s cliff. If a user would like liquid LUNA as soon as their cliff hits, they’ll need to undelegate their staked, vested LUNA at least 21 days before the first day of their cliff. Users can also keep their vested LUNA staked after their cliff hits to continue earning staking rewards.

Assets, Chains, Bridges, and CEXs supported

As we work towards distributing LUNA to as many eligible users as possible in the airdrop, it’s important to note that technical issues restrict us from including all UST and LUNA holdings in the snapshots.

On a best effort basis, and where possible, we will earmark the total amount of LUNA in the bridge contract to be set aside as part of the community pool for distribution after the chain launches.

Assets that may not be included:

UST or LUNA bridged off of Terra

• Users with bridged UST or LUNA who would like to be included in the Post-Attack snapshot need to bridge back to Terra before the snapshot is taken.

UST or LUNA on Terra protocols that cannot be easily identified

• All protocols listed on DeFi Llama here will be covered, in addition to a few others that are known.

UST or LUNA on CW3 multi-sig contracts

• Most UST and LUNA in CW3 multi-sig contracts will be accounted for, but there could be edge cases that may not be included.

The following table details the full list of chains, bridges, and CEXs that will be supported in the airdrop at Genesis:

This table will continually be updated as we receive new information regarding the support of the airdrop.

About Terra 2.0

The new Terra network will inherit the deep developer pool and passionate LUNAtic community that made Terra Classic the 2nd largest smart contract blockchain behind Ethereum. As the community migrates to the new chain, most of the popular Terra Classic projects will be joining them, including:

• Astroport
• Prism
• RandomEarth
• Spectrum
• Nebula
• and many others

Built with interoperability in mind, Terra will be the gateway to the wider Cosmos ecosystem and beyond.

About Calculation Logic

Caveats

1. Airdrop ratios depicted below are estimations* and can only be finalized when the block height of the ‘Post-Attack’ snapshot (i.e. Block 7790000 [2022–05–27, 00:38:08+08:00]) is reached.
2. Cross-chain assets, such as Wrapped UST on ETH/MATIC/BSC, will be set aside and locked in the community pool at Genesis. Distribution of funds can only be made after Genesis.

Eligible aUST Supply

Formula = SUM(MIN(user’s aUST balance, 500k)) — TFL wallets UST Supply

Eligible UST Supply

Formula = UST Supply — TFL wallets UST Supply

Eligible LUNC Supply

Formula = LUNC Supply — TFL wallets LUNC Supply

Pre-attack aUST holders airdrop ratio

Formula = aUST allocation / Eligible Pre-attack aUST Supply

Pre-attack LUNC holders airdrop ratio

Formula = LUNA allocation / Eligible Pre-attack LUNC Supply

Post-attack LUNC holders airdrop ratio

Formula = LUNA allocation / Eligible Post-attack LUNC Supply

Post-attack UST holders airdrop ratio

Formula = LUNA allocation / Eligible Post-attack UST Supply

Final user allocation

Pre-attack aUST holders airdrop ratio x User pre-attack eligible aUST holdings

+ Pre-attack LUNC holders airdrop ratio x User pre-attack LUNC holding

+ Post-attack LUNC holders airdrop ratio x User post-attack LUNC holding

+ Post-attack UST holders airdrop ratio x User post-attack UST holding

Note: If the final allocation of new LUNA to the address is less than 1 LUNA, the airdrop will be allocated to the community pool.

Additional Resources

If you’d like to learn more about Terra, check out the resources below 👇

• Agora (Forum)
• Twitter
• Discord
• Telegram

Terra 2.0 — LUNA Airdrop was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

In our newest issue of Terra’s Project Spotlight, we’re pleased to introduce Leap — a next-generation wallet for Terra that brings dApp access, staking, DeFi, NFTs, identity, social, web3 and web2 app interactions into one platform. To many LUNAtics in our community, Leap is a familiar face that we would have interacted with. You may have seen it appear in the pop-up when connecting your wallet with many popular Terra dApps including Anchor, Astroport and Stader Labs.

Leap aims not just to be a wallet, but a key to unlocking every exciting aspect of the Terraverse.

The team’s vision stems from Terra’s rapid growth in the past year and its ascension to one of the biggest ecosystems in crypto today, with close to 100 announced dApps and 80k+ new wallet addresses being created every month. Even for the most OG LUNAtics, it has become hard to keep pace with new developments and find the best opportunities to save, invest & track their assets. The team believes that Terra needs a new-age wallet that lets users access this complex and evolving universe through a simple, intuitive and feature-rich interface. Leap’s core team comprises ex-McKinsey, Facebook, Microsoft builders and engineers.

Aligned with Leap’s vision and ability to execute, Terraform Labs has provisioned the team with a grant to kickstart development.

Target User

Leap is built with every Terra user in mind — right from the beginner wanting one-click savings to the advanced LUNAtic using several complex financial products.

The team started development with the most prominent use cases targeting the median Terra user and is rapidly expanding to cover the crypto beginner and advanced users.

Product Strategy

Leap aims to deliver the best wallet experience for LUNAtics by focusing on:

1. User experience — drawing inspiration from top web2 consumer apps and through deep user research, Leap wallet will offer a simple and intuitive UX delivered through a clean and well-designed UI.
2. Convenience — all critical components of a user’s Terra experience will live inside the wallet, as opposed to requiring navigation between different platforms.
3. Trust & security — Building a wallet with best-in-class security and protecting users from scams & phishing attacks is the team’s top priority. Leap is a non-custodial wallet, i.e. it doesn’t store user private keys and can never access user funds.
4. Decentralized stablecoins as the future of money — as this vision unfolds, Leap will partner with the necessary dApps/protocols to help users best on-ramp, save, invest and spend Terra stablecoins.
5. Next generation wallet features — keeping pace with cutting-edge crypto innovations, Leap will integrate NFTs, gaming, metaverse, identity, social, commerce and interactive media experiences with Leap.
6. Composable & Modular architecture — the team is building Leap’s tech stack to be composable & modular, to scale & iterate faster. In the future these modular components can be extended to build adjacent products.

Product Vision

As the first order of business, Leap will make it safe and easy for users to store, send, stake, and swap tokens.

Leap may be downloaded as a Chrome Extension and the team is currently working to expand to other form factors including native iOS, Android and desktop apps, to bring Leap to users where they already are.

Popular Terra dapps such as Anchor, Astroport, Mars may be connected with Leap. The goal is to allow users to swap through Astroport, invest in Anchor, one-click stake through Stader, purchase NFTs and more — directly within the convenience of your Leap wallet. To support this, the team will build tech infrastructure that allows protocols to develop mini-apps inside the wallet.

Further, as the multi-chain vision for UST starts playing out, Leap’s team will integrate with cross-chain bridges to support the import and export of assets from Terra, as well as integrate with new multi-chain protocols that emerge.

With all these in place, Leap intends to become a critical part of the infrastructure layer of Terra.

Here are some directions in which the team intends to expand from here:

Social & Identity

Once Leap wallet has established itself as a product that users rely on daily, it can expand beyond just a transaction enablement layer into:

• Identity — build your decentralized identity on Leap with verified NFTs as profile pictures, a human-readable TNS address, Linktree style links and more.
• Decentralized social graph — build your web3 network on Leap that you own and can take with you to other applications.
• Communication & social layer — Leap itself could become one of those applications with chat, groups, followers and more embedded inside the wallet.

Gaming/Interactive Media/Metaverse

Closely tied to social and identity is the concept of building a gaming profile on Leap, complete with in-game NFT assets that you own, exchange and port across games. Similar concepts could be built for digital assets that you can move through virtual worlds designed for work and play. As play-to-earn becomes more popular, the team will build dashboards that let you easily track, convert and spend your earnings.

Terraverse as a Service

Leap aims to become a critical middleware layer that provides the rails for any application (crypto or otherwise) to access the benefits of UST and other protocols on Terra. Leap’s modularized architecture would allow us to bundle relevant wallet functionalities (e.g. deposits on Anchor) into an SDK that can be made available to other crypto protocols and web2 fintech apps.

Product Roadmap

Leap is being developed in multiple phases after the rollout of the initial MVP. The goal is to ship additional features iteratively in short cycles, to make sure that the team is always delivering value and keeping the roadmap flexible for user feedback.

Phase 0 — MVP (Completed)

Leap launched with a basic version of the product that covered the most critical wallet workflows and got them immediate feedback from users.

• Onboarding — create a new wallet or import an existing Terra wallet
• Portfolio Viewer — see total and splits across Terra-native assets
• Transfers — send and receive Terra-native assets
• Auto-lock — wallet locks after 15 minutes of non-activity as an additional security measure
• Dark mode default 😎

Phase 1 — Wallet Basics (Completed)

Rapidly bring the most-used and most-requested wallet features into Leap with a simplified and more user-centric design:

• Support for CW-20 tokens
• Address book — easily save and access frequently used addresses
• In-wallet Swaps — powered by integration with Terraswap, Astroport & Loop
• In-wallet Staking with easy access to validator metrics and visibility into rewards and airdrops
• Connect your Ledger — includes multiple wallet support
• NFT Collectibles — view NFTs inside the wallet with useful metadata around price, collection and floor prices (live in phase 3)
• Activity log — see recent transfers and swaps

Phase 2 — Traverse the Terraverse (Complete)

The team completed Phase 2 by Mar, 2022 (three months ahead of schedule) to make Leap the gateway to all major the dApps and protocols on Terra

• Protocol Integrations — Connect Leap on all important Terra protocol webapps. Access the most relevant protocols directly inside the wallet — Anchor, Stader, TNS, etc.
• Fiat on & off ramps — easy on-ramp from fiat to UST through an integration with Transak and Kado
• Staking v2 — One-click staking through Stader integration (Stake Pools, Liquid Staking, Stake+) along with Vanilla staking
• Detailed portfolio tracking — breakdowns into different asset holding, profitability, etc.
• DEX Aggregation — access the best swap rates across Astroport, Loop and Terraswap

Phase 3 — One-stop gateway to Terra (Current development phase as of writing)

• iOS and Android apps — Access Leap in the form factor that you are comfortable with
• Enhanced Activity Page — An activity log to provide readable protocol level activity
• Auto-fetch assets — Automatically fetch all the important native and custom tokens that the user owns
• DeFi opportunities in-wallet — Invest in Liquidity Pools, vaults, and other yield farming opportunities from within Leap
• NFT Gallery v2 — Easily send NFTs to another address. View important metadata around floor price, last sold price, and activity
• Cross-chain Transfers — Transfer Terra-native assets to other chains from within the wallet
• NFT Marketplace — Integrate with NFT Marketplaces to let users discover and purchase NFTs from within the wallet

Phase 4 — Mini-apps & going beyond the Terraverse (May — Dec 2022)

• Mini-apps/Marketplace of integrations — Protocols/developers can integrate their existing dApps or build new dApps that can be directly accessed within the wallet.
• Cross-chain transfers — 
  a. Aggregation across cross-chain bridges to offer the cheapest transfer rates
  b. Integration with cross-chain yield protocols
• In-wallet notifications — Modeled around EPNS, Leap plans to build a notification system for alerts on liquidation, airdrops, governance notifications, etc.
• Launchpads — invest in exciting new Terra projects from within Leap
• DeFi/Invest — To enable every yield opportunity through Leap — One place to browse through and invest in — savings (Anchor), Liquidity Pools (Astroport, Terraswap), lending & borrowing (Mars, Edge), staking (Stader), yield autocompounders (Apollo, Spectrum), yield optimizers (Nexus), Degen Vaults (Stader), single side staking of protocol tokens
• Play to Earn
• Virtual Asset Management
• Easy off-ramp from in-game tokens to fiat
• Miscellaneous
• Multisig Support
• Fiat On/Off Ramp Aggregation — Access the best ramp rates across all major On-ramp providers from inside Leap

The LEAP Token

Finally, the LEAP token is launching soon, and more details will be released in the tokenomics section of the upcoming Leap Wallet Litepaper.

Hint — LEAP token rewards will be distributed to active wallets…

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Leap’s vision and plans to improve the wallet experience on Terra is one that would benefit every LUNAtic. We are committed to supporting Leap’s development atop of Terra and give LUNAtic a wallet experience that goes beyond just supporting transactions.

Say hello to your new Terraverse passport, fellow LUNAtic.

For more information about Leap, make sure to check out their website and socials below!

Website — https://leapwallet.io/

Telegram — https://t.me/leapwallet

Discord — http://discord.gg/6CaMD28th7

Twitter — https://twitter.com/leap__terra

Project Spotlight — Leap Wallet was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.