Introduction

Terraform Labs Pte. Ltd. and Terraform Labs Limited (the “Debtors”) are proceeding with the wind down of their estates. As part of this wind down, the Crypto Loss Claims submission process is set to launch, which will allow creditors to file claims for losses stemming from purchases or investments in certain cryptocurrencies impacted by the collapse of the Terra USD token and subsequent events that precipitated the Debtors’ bankruptcy filing.

Portal Launch Details

The Crypto Loss Claims Portal (the “Online Portal”), managed by Kroll Restructuring Administration LLC (“Kroll”) will open on March 31, 2025 at claims.terra.money to submit Crypto Loss Claims. Claimants must submit their Crypto Loss Claim Forms and all supporting documentation electronically through the Online Portal.

Key Deadlines

- Crypto Loss Claim Bar Date: All claims must be submitted by May 16, 2025 at 11:59 p.m. ET.

- Note: Claims submitted after this deadline will not be accepted, and creditors that fail to submit a claim prior to the deadline will forfeit any potential recovery.

Eligibility Criteria

Please refer to the Crypto Loss Claim Procedures for full eligibility criteria. The Crypto Loss Claims Procedures are attached as Exhibit 1 to the Crypto Loss Claim Bar Date Order filed at Docket № 965 on the Debtors’ court docket: https://dm.epiq11.com/case/terraform/dockets

The Plan Administrator will determine claimants’ claim amounts based on the Eligible Loss Cryptocurrency they held. A list of Eligible Loss Cryptocurrencies is available at restructuring.ra.kroll.com/Terraform (available from March 31, 2025) by clicking “Schedule I — List of Eligible Loss Cryptocurrencies” under “Quick Links.”

Cryptocurrencies with on-chain liquidity of less than $100, as well as certain other exclusions (e.g., Luna 2.0 holdings on Terra 2.0), are not eligible. Creditors are advised to refer to the Crypto Loss Claim Procedures for complete details.

If you choose to submit Manual Evidence (e.g., transaction logs, account statements, and screenshots) to support portions of your Crypto Loss Claim, your claim will not receive an Initial Determination on the expedited timeline set forth below and your claim will be subject to Individualized Review (as defined below). The Plan Administrator may require additional time to review your Crypto Loss Claim and provide an Initial Determination due to additional resources and time needed to verify the accuracy of Manual Evidence. Because Preferred Evidence (including read-only API Keys) is both likely to be (a) the most readily available evidentiary support for large exchanges and platforms and (b) the most accurate and reliable support for Crypto Loss Claims (because it cannot be manipulated or altered), the Plan Administrator may also determine that your Crypto Loss Amount should not be Allowed if you do not provide Preferred Evidence, especially if Preferred Evidence is available and choose not to provide it. Specifically, the Plan Administrator is likely to seek to disallow your Crypto Loss Claim in whole or in part if you provide Manual Evidence instead of Preferred Evidence if Preferred Evidence is available, which determination will be subject to the dispute process set forth in Section V.c of the Crypto Loss Claims Procedures.

Filing Instructions

Filing a claim requires adherence to the following steps:

1. Register on the Online Portal: Visit claims.terra.money on or after March 31, 2025 to register.

2. Provide Proof of Ownership:

- For Eligible Loss Cryptocurrency held on the Terra Ecosystem or other supported networks (“Verifiable Blockchains”), creditors must sign a transaction with their wallet through the Online Portal. No fees will be charged for this transaction.

- For holdings on other platforms or exchanges, creditors are strongly encouraged to provide a read-only API key. Instructions for retrieving API keys are available on the Online Portal. Alternatively, creditors may submit Manual Evidence (e.g., transaction logs, account statements, and screenshots), but such submissions will likely be subject to a protracted review process and are likely to be disallowed by the Plan Administrator if they are submitting Manual Evidence for Eligible Loss Cryptocurrency for which Preferred Evidence is available. The fastest and most direct way to receive a potential recovery is to submit Preferred Evidence to the extent it is available.

3. Complete the Crypto Loss Claim Form: Follow the instructions on the Online Portal to fill out the CLC Form in its entirety and provide all required information about purchases, holdings, and any actions (e.g., sales, swaps, staking) taken with Eligible Loss Cryptocurrency.

4. Submit by the Deadline: Ensure the claim is submitted by May 16, 2025 at 11:59 p.m. (prevailing Eastern Time).

Assistance

Creditors encountering issues accessing the Online Portal may contact Kroll Restructuring Administration at Terraforminfo@ra.kroll.com. For questions about the Crypto Loss Claim Procedures, contact the advisors to the Terraform Wind Down Trust at TFL_CLC_Distributions@kirkland.com. Kroll and the Wind Down Trust do not provide legal advice. Creditors are advised to consult an attorney for guidance on their specific situation.

Post-Filing Process

After a claim is submitted, the Wind Down Trust will review and verify it. Within 90 days after the Crypto Loss Claim Bar Date, creditors will receive a notification via the Online Portal with either an initial determination of their claim amount or a notification that the Plan Administrator requires additional time to review their Crypto Loss Claim. Creditors will have the opportunity to accept or dispute the determination, once it is made, in accordance with Section V.c of the Crypto Loss Claims Procedures. Undisputed claims will be eligible for initial disbursements as soon as practicable. All distributions will be made on a pro rata basis.

Additional Information

- Accuracy: Creditors must provide complete and accurate information. Failure to disclose all relevant actions (e.g., sales, swaps, staking) may result in the disallowance of a claim.

- Identity Verification Requirements: To receive distributions, creditors must provide identity verification and other disbursement details.

- Resources: Additional information, including court filings and updates, is available at https://dm.epiq11.com/case/terraform or the Delaware Bankruptcy Court’s website (http://www.deb.uscourts.gov).

Conclusion

The Crypto Loss Claims Portal will open on March 31, 2025 at claims.terra.money. Creditors are advised to file claims by the May 16, 2025 at 11:59 p.m. (prevailing Eastern Time) deadline. For further assistance, contact Kroll at Terraforminfo@ra.kroll.com.

Terraform Labs Crypto Loss Claims Portal Launch was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Important Notice for the Terra Community regarding the Plan Confirmation Hearing:

The Plan Confirmation Hearing in the Chapter 11 bankruptcy cases of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL) has been set to September 19, 2024 at 10:00 a.m. (ET).

For more details, please refer to the Notice of Confirmation Hearing on this link: https://terra.sc/confirmation-hearing-notice

Plan Confirmation Hearing Notice was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Important Notice for the Terra Community regarding the Crypto Loss Bar Date:

The Preliminary Crypto Loss Bar Date for filing Crypto Loss Claims — for chapter 11 voting purposes only- in the Chapter 11 bankruptcy cases of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL) has been set to August 21, 2024, at 5:00 p.m. (ET).

If you have a Crypto Loss Claim against TFL that arose before January 21, 2024, or against TLL that arose before July 1, 2024, please file them by the Preliminary Crypto Loss Claims Bar Date to ensure your claim is considered for chapter 11 voting purposes only.

For the avoidance of doubt, the Preliminary Crypto Loss Claim Bar Date is for chapter 11 plan voting purposes only, not for allowance or distribution, which will be addressed in the chapter 11 plan.

For detailed instructions on who should file a claim, how to do so, and to access the proof of claim form, please refer to the bar date notice on this link: https://terra.sc/crypto-loss-bar-date-notice

Preliminary Crypto Loss Bar Date Notice was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Important Notice for the Terra Community regarding the General Bar Date:

The General Bar Date for filing claims in the Chapter 11 bankruptcy cases of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL) has been set to August 9, 2024, at 5:00 p.m. (ET).

If you have any claims against TFL that arose before January 21, 2024, or against TLL that arose before July 1, 2024, please file them by the General Bar Date to ensure your claim is considered.

Please note that if you believe you have an Excluded Crypto Claim (as defined in the bar date notice linked below), the General Bar Date does not apply to your Excluded Crypto Claim, for which a later bar date will be established.

For detailed instructions on who should file a claim, how to do so, and to access the proof of claim form, please refer to the bar date notice on this link: https://terra.sc/bar-date-notice

Bar Date Notice was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

February was a busy month for Terra, with the launch of Warp v2, numerous projects incorporating the Alliance module, a flurry of NFT-related activity, and updates from dozens of projects — and it’s not stopping there 😎

Read on to learn about everything that happened in the Terra ecosystem in February! 👇

🌎 Ecosystem Updates

• Learn how to onboard via Station Wallet in just three simple steps.
• Galatic Punks and pixeLions went cross-chain! Thanks to Ark Protocol, you can now send your NFTs to other chains, starting with Stargaze and with more chains to follow.
• Andromeda is sponsoring 9,000 ANDR over the next 3 months to ANDR-LUNA liquidity providers on Ura.xyz. It’s not too late to participate in the Genie campaign 🧞
• LUNAtics rallied behind Ark Protocol in Round 1 the AEZ Quadratic Grant, powering them to 1st place (and a 1,201.43 ATOM grant) to help bring cross-chain NFT staking to Enterprise DAO and the Cosmos. Congratulations! 🥇
• Galactic Mining Club NFTs launched on Necropolis for secondary sales 🌌⛏️
• Discover how Alliance — the open-source module that enables blockchains to form mutually beneficial relationships — works in the new Alliance explainer video 🤝
• The White Whale team reflected on how Migaloo was the first Cosmos chain to enable restaking with the Alliance module almost a year ago, using Alliance as a flexible monetary policy tool to forge incentive-aligned partnerships, increase liquidity, and bootstrap ecosystem projects.
• Persistence One announced their plan to build restaking infrastructure in Cosmos, powered by Terraform Labs’ (TFL) Alliance module, followed by a deep dive into the technical implementation.
• Solid is now cross-chain utilizing the Foundation API provided by TFL, and successfully integrated BNB and SOL as collateral options for minting SOLID tokens. Check out the recap thread for more updates!
• Savye went live as the first AI-powered language learn-to-earn NFT gaming app on Terra.
• NFTSwitch announced a significant platform update, including a website redesign, the introduction of an NFT transfer tool, and wallet support for Station, Keplr, and Leap.
• Enterprise DAO released new features such as treasury portfolio charts and insight into DAO staking, liquidity pools, and yield farming positions — powered by Pulsar Finance 📊
• Astroport unveiled permissionless incentives for liquidity pools, allowing anyone to incentivize pools with up to five different tokens. This transforms third-party reward management and enhances platform liquidity and accessibility.
• Contro Protocol introduced its Gradual Limit Order Book (GLOB) system and described how it aims to make trading cheaper and fairer while improving the user experience.
• Two Terra NFT collections, Galactic Mining Club and AllianceDAO, made it to the top 5 in NFT volume across Cosmos in mid-Feb 💪
• Wager Protocol will bring prediction markets to the Terra ecosystem, with its mainnet launch set for Q1 2024.
• Skip Protocol announced routing support for White Whale and Astroport on ibc.fun, aggregating the best routes and liquidity across Sei, Injective, Terra, White Whale, and Chihuahua.
• New pixeLions DAO and Lion DAO swag was added to the Crypto Loot Shop 👕
• Warp Protocol unveiled Warp v2, a major upgrade that extends the capabilities of Warp’s decentralized automation protocol through an overhauled account management system, a revamped fee mechanism, and a new primitive for job executions 🌀
• CosmWasm launched CosmWasm Tracing, a new debugging tool, on Terra to enable developers to spend less time debugging and more time creating thanks to detailed error logs, messages, gas usage, and more.
• Solid explored liquidation queue opportunities, and how users could score discounted collateral by depositing SOLID.
• Astroport implemented a UI update alongside a revised incentives schedule, allowing users to easily navigate to a pool’s dedicated incentives distribution schedule with a simple click.
• Pulsar Finance created a Cosmos Token Repository, where the community can help add information about new tokens to be supported by Pulsar.
• Station Wallet teased the imminent launch of Station v3 Dashboard 👀
• AllianceDAO provided new ways to mint AllianceDAO NFTs through a secondary mint for AllianceDAO stakers and an NFT community mint for holders of Galactic Mining Club, Skeleton Punks, pixeLions, and Galactic Punks. To all who are eligible, make sure to mint yours today and become part of the AllianceDAO!
• Pulsar Finance kept shipping and boasted 44 new protocols, 5 new blockchains, and a stack of UX improvements in their monthly sum-up for February.

🏦 Governance Updates

• The AllianceDAO posted a proposal to add the ALLY token as an Alliance asset to the Terra blockchain, allowing AllianceDAO NFTs to accrue LUNA staking rewards. The vote passed with overwhelming support.
• A proposal to whitelist USDC-USDT and ATOM-LUNA LP tokens from Astroport as Alliance assets on Terra was posted on Commonwealth to solicit feedback from the community. It aims to establish deep stablecoin and ATOM token liquidity on Terra.
• The Lion DAO posted a proposal to add ampROAR as an Alliance asset, which passed with 91% in favor.
• Warp Protocol posted a governance proposal to deploy its contracts on Osmosis. Make your voice heard and cast your vote!

🤝 Integrations & Listings

• The Alliance Dashboard added support for new Migaloo Alliance assets such as WHALE-USDC LP, WHALE-wBTC LP, ASH, and mUSDC.
• Pulsar added support for NFTs staked on Enterprise DAO.

🎥 Media Features

• @terra_money hosted Talking Terra with TFL on Feb 1st with TFL Chief Engineering Architect and @PulsarFinance Co-founder @eduamdsa and TFL Head of Apps @vladjdk, to discuss Eduardo’s approach to engineering, the roadmap for Enterprise and Foundation, and a Q&A. (TerraSpaces recording here.)
• @CamiRusso of @DefiantNews hosted TFL CEO @fleececannon for a discussion on Terra’s past, present, and future. They assessed the depeg in May 2022 as failure, not fraud, covered the benefits of transparency and self-custody, and shared insights into how token business models can actually work. Give it a watch!
• @OrbitalCommand spoke to @PersistenceOne on Feb 13th to learn more about their implementation of the Alliance module for restaking and LRTfi. (TerraSpaces recording here.)
• @RAC_FM_Spaces invited @fleececannon to a RAC FM Giga Special on Feb 14th: “We’re just Terraforming, mate.” (TerraSpaces recording here.) 🦝
• @terra_money returned with Talking Terra with TFL on Feb 15th, which covered Alliance, Verity, and Terra community questions. (TerraSpaces recording here.)
• @PersistenceOne was joined by TFL Head of Communications @zion_schum on Feb 20th to chat about integrating Terra’s Alliance module and building Liquid Restaking Tokens (LRTs) on top of it. (TerraSpaces recording here.)
• @The_AllianceDAO hosted a Town Hall on Feb 20th to discuss all the exciting things that have been happening in the DAO, including upcoming mints, ideas to grow the community, and Alliance module news. (TerraSpaces recording here.)
• @Cryptocito invited TFL CEO @fleececannon on Feb 22nd to talk all things Cosmos, including Alliance, Station Wallet (Chris is a big fan), the Terra ecosystem, and much more live on YouTube.
• @warp_protocol and @QuasarFi celebrated the Warp v2 launch and their upcoming collaboration on Feb 23rd with an X/Twitter space. (TerraSpaces recording here.)
• @terra_money hosted another Talking Terra with TFL on Feb 29th, covering the latest on Pulsar Finance, Station Wallet v3, Enterprise DAO, and more. (TerraSpaces recording here.)

🎧 Follow TerraSpaces Audio Vaults on Apple Podcasts, Spotify, and Google Podcasts to listen back to previous Terra community Twitter Spaces.

✏️ Community Post Highlights

• @jwang815 shared a summary of Talking Terra with TFL from Feb 1st.
• @rob_inwoods published a step-by-step guide on how to stake your Galactic Mining NFTs via Enterprise DAO.
• @fleece_cannon teased a potential Asteroid Protocol x Enterprise DAO collaboration, coming soon™️
• @WhiteWhaleDefi explained how Migaloo integrated the Alliance module to become the first chain that introduced liquid restaking in Cosmos.
• @gp4719 leaked a teaser of Verity — TFL’s on-chain identity project — showing a public profile example and dashboard to claim and manage credentials 👀
• @zion_schum outlined in a thread how whitelisting USDC-USDT and ATOM-LUNA LP tokens as Alliance Assets can help strengthen the Terra economy, attract user and capital inflows, and assist in the creation of novel DeFi apps.
• @CosmosATOMDaily summarized Terra’s ecosystem highlights from January in an overview graphic.
• @a_fsardo shared that Station Wallet has become his main wallet again. Welcome back home 🫶
• @orbital_command published another Terra Weekly 🌖, aggregating all the happenings within the Terra ecosystem.
• @vladjdk gave a shout-out to the Ark Protocol team, congratulating them on their work enabling cross-chain NFT infrastructure.

💬 Closing Note

February brought a full-on shipping season to the Terra ecosystem as the community continues to push forward. With the Station v3 Dashboard release coming closer and a plethora of other updates in the pipeline, we’re excited for the upcoming month and beyond. Stay tuned for what’s coming next!

Please share your thoughts in the comments section, give this article a Like, and share it to spread the word.

Until next time!

Additional Resources

The future of Web3 is being built on Terra — take full advantage of it:

• Explore projects building in the Terra ecosystem
• Build on Terra using Terra’s robust, open-source development suite
• Join the LUNAtic community on a variety of platforms
• Read the Terra Docs to discover all things Terra
• Visit Terra.money to browse other helpful resources

Community Update — February 2024 was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Station is receiving a major update today, with the release of Station v3 Dashboard, a new Station website, and revamped Station docs! 🛰️

• Visit the Station website
• Access Station v3 Dashboard
• View the Station docs

With today’s launch, Station Dashboard has moved to a new URL: dashboard.station.money. Click the link and connect your Station extension to use the new v3 Dashboard.

Following the release of Station v3 Extension, the team has been hard at work bringing the same best-in-class user experience to Dashboard. Extension users will be familiar with new features such as cross-chain swaps and activity history, plus a beautiful portfolio view 📊

Read on to learn about the new features in Station v3 Dashboard and the roadmap for future updates, including the iOS and Android mobile apps.

Station Dashboard — Key Features

Station v3 is designed to make interacting with web3 as easy as possible, and Dashboard is an important step along that path.

Here are some key features in Station v3 Dashboard:

• Integrated Portfolio: Dashboard takes the token-centric UI from Station v3 Extension and displays it in a sleek and expanded UI. Get a clear view of your portfolio with token balances, staking positions, and pending staking rewards. Powered by Pulsar Finance, additional data is coming to the Station Portfolio in future updates — more on that in the Roadmap section below.

• Seamless Cross-chain Swaps. Send, swap, and receive assets across all Station-supported chains right from Station Dashboard, with progress tracking for peace of mind.

• Aggregated Cross-chain Activity History: Understand your cross-chain transaction history at a glance on Dashboard or Extension. Station automatically generates an easy-to-read transaction history for every chain, with logical groupings for multi-step transactions. Full transaction details are available by clicking on individual entries.

• Enhanced Staking UI: The Station staking interface has been upgraded to highlight assets available to stake more prominently, and we’ve introduced a distinct tab to view assets you’ve already staked. Keep an eye out for Alliance assets you can stake to earn boosted yield, as more are added all the time 🤝

• Streamlined Governance: Voting and governance have been updated, making viewing and voting on proposals more seamless. Filter by multiple chains, search proposals, and vote with ease.

• Developer Mode: For builders looking to interact with CosmWasm contracts, go to Settings and enable Developer Mode to unlock the Contracts interface, which allows developers to launch, query, and execute smart contracts using Station.

Station Website & Docs

Alongside the release of Station v3 Dashboard, the Station documentation has been moved to docs.station.money. Visit the docs for step-by-step instructions on using Station or integrating it into applications.

Station is also launching a stand-alone website to sing its virtues to the world! Located at station.money, the Station website will serve as the primary resource for those curious about Station. For your crypto-curious friends, this is an excellent place to send them. Just saying!

Station Desktop App

As announced in January during the launch of Station v3 Extension, support for the downloadable Station Desktop app has been discontinued. The Desktop app will be fully deprecated on Dec 31st, 2024, to focus development resources on Extension, Dashboard, and Mobile. Users must migrate to Station Extension before this date — download the Chrome extension and use the extension migration guide to migrate your wallet to Extension.

To allow time for Station Desktop users to migrate to Station v3 and avoid potentially losing access to their assets (for users who have lost/misplaced the seed phrases for wallets used on Desktop), the station.terra.money domain will run the un-updated v2 version of Dashboard. This will be available until Dec 31st, 2024. Please migrate before this date.

To all extension users, please use dashboard.station.money. To summarize:

• For the Station website, visit station.money.
• For the Station v3 Dashboard, visit dashboard.station.money.
• The downloadable Station Desktop app will be fully deprecated at the end of 2024.
• To allow time for Station Desktop users to migrate to Station v3 and avoid losing access to their assets, station.terra.money will remain available to Station Desktop users until Dec 31st, 2024, at which point it will be fully deprecated.
• Desktop users should migrate their wallets to Station v3 by downloading the Station Chrome extension and following the migration guide.

Be sure to bookmark these links for easy access 🔖

Roadmap — Updates & Mobile

Though this marks the initial release of v3 Dashboard, there are more features the team is planning to add over the next several weeks, including:

• Portfolio Enhancements: The Portfolio will see rapid additions, as more data from Pulsar Finance is integrated to enrich the user experience. Additions include validator information, DeFi positions, an NFT gallery, and more.
• One-click Alliance Staking: The Alliance module is an amazing tool, and Station is proud to be the wallet for Alliance staking. One-click Alliance staking will streamline the Alliance staking experience, making it dead simple to earn additional rewards by staking Alliance assets.
• UX Improvements, Based on Your Feedback: Quality of life enhancements will be rolled out regularly, based on feedback provided by you, the user. Visit feedback.station.money and submit your suggestions, or click Feature Request in the bottom left corner of Station Dashboard.

That’s just Dashboard. What about the question that’s on everybody’s mind — wen Station v3 Mobile?

Station Mobile is being actively worked on and is the #1 priority for the Station team now that Dashboard is live. As @MichaelWMerz explained in the most recent Talking Terra with TFL, Station v3 Mobile had to be released last so it could combine all the features of Extension and Dashboard into a unified mobile app.

Station’s iOS and Android apps are being rebuilt from the ground up to provide the full cross-chain experience that mobile users deserve. Follow @StationWallet on Twitter/X for updates!

Looking Ahead

Two-thirds of Station v3 is officially released, with one-third left to go. Expect regular updates to continue for both Extension and Dashboard as development progresses for the big Mobile v3 release. Please continue to share your feature requests and report bugs at feedback.station.money, to let us know what improvements you’d like to see in Station.

Try the new Station v3 Dashboard, visit the Station website, and check out the revamped Station docs. Be sure to join the Station Discord and Telegram for real-time support and discussions with Station community members, and let your friends know that Station v3 Dashboard is LIVE by reposting the announcement on Twitter/X! 🛰

Introducing Station v3 Dashboard was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

With the Station v3 Extension release, new Enterprise DAO features, and various project collaborations, it’s clear that 2024 started on the right foot for the Terra ecosystem. Curious to know what’s been cooking?

Here’s a list of all the developments within the Terra ecosystem in January 👇

🌎 Ecosystem Updates

• Terraform Labs (TFL) announced its support of CosmWasm development as the inaugural subscriber of Confio’s new CosmWasm subscription.
• TFL’s CEO Chris Amani teased the early release of the Station v3 Extension if his tweet got at least 500 retweets, which was hit in no time thanks to the Station community 💪
• Station v3 Extension launched and is now available for download on the Google Chrome and Microsoft Edge stores, making transacting in Cosmos a whole lot easier! Existing Station users can upgrade their wallets using this guide. New users can visit setup.station.money to get started 🛰️🎉
• The Terra Delegation Committee shared their first recommendation on how to distribute the 125M LUNA TFL received from the Terra Community Grant among qualified validators. Thereafter, TFL completed Phase 1 delegations to Terra validators in line with the committee’s recommendations.
• Ark Protocol ushered in the era of Interchain NFTs on Cosmos, beginning with collections on Juno, Stargaze, and Terra.
• New Pulsar swag was added to the Crypto Loot Shop 👕
• The AllianceDAO NFT claim period ended, marking the beginning of a new chapter for the DAO.
• TFL continued driving deep bluechip liquidity on Terra by deploying $2M into the LUNA-ASTRO pool on Astroport, followed by another $2M into two new PCL pools on Astroport (LUNA-wSOL and LUNA-wBNB). TFL also announced a liquidity deployment on Ura of $40K worth of LUNA with $40K worth of ANDR in collaboration with Andromeda.
• Enterprise DAO enabled cross-chain token staking, allowing any DAO — regardless of chain — to manage their token governance on Enterprise using native tokens from across Cosmos.
• Skip Protocol announced its partnership with Station Wallet, bringing the power of the Skip API to Station users through seamless cross-chain swaps and fee token top-ups 🔄
• The Galactic Punks NFT collection enabled NFT staking and governance on Enterprise for GP holders, taking advantage of Enterprise’s advanced, easy-to-use DAO management features to strengthen, unite, and expand the GP community.
• In a strategic move, TFL filed for Chapter 11 protection to allow for continued operations and work with the Terra community on infrastructure, innovative tools and products, and other ecosystem support while resolving outstanding legal proceedings.
• SAYVE tweeted about its upcoming web app launch, offering a chance to win $10K and early access to its Android app! 💰
• Enterprise DAO further enhanced its cross-chain functionalities: Cross-chain treasuries can now be created during DAO creation, and assets can be deposited from any chain to satisfy proposal deposit requirements.
• New feedback and bug report platforms went live for Station and Enterprise, allowing users to request features, report bugs, and give feedback directly to the Station and Enterprise teams.
• Unsurprisingly, the chads at Pulsar kept on shipping. Check out their roundup for January. Ship szn continues… 🚢

🏦 Governance Updates

• Following a governance discussion, Terra added support for paying gas fees in USDC and axlUSDC, enabling 2-step onboarding to the Terra network and greater fee token optionality for users. The new fee tokens can be selected via the fee dropdown menu on Station Wallet when transacting on Terra. In related news, validators successfully adjusted their gas fee settings on Terra to their previous levels.
• The Terra blockchain successfully upgraded to v2.9.

🤝 Integrations & Listings

• Pulsar added support for AllianceDAO NFTs, allowing users to view and track the value of their NFTs in one place, as well as WhiteWhale’s locked LPs and Asteroid Protocol’s ROIDS token.
• Station added support for Noble (including native USDC) and Andromeda, allowing Station users to send, receive, and swap tokens, connect to apps, stake, and vote on governance proposals on both chains.
• Osmosis and Kujira’s Ghost, Fin, Blue, Orca, and Bow apps added Station Wallet support 🛰️

🎥 Media Features

• @terra_money hosted the first Talking Terra with TFL of the new year on Jan 4th to discuss Terra governance proposals, the imminent Station v3 launch, and the AllianceDAO NFT mint. (TerraSpaces recording here.)
• @The_AllianceDAO hosted its second community town hall on Jan 5th, covering ways to strengthen governance, ideas for the DAO treasury, and the Alliance asset proposal. (TerraSpaces recording here.)
• @enterprise_dao invited Neutron team members to a space on Jan 11th to discuss Neutron apps, Enterprise DAO cross-chain treasuries, and more. (TerraSpaces recording here.)
• @CosmosHOSS hosted a Cosmos Alpha Space on Jan 15th that lasted over 4 hours, discussing 20 Cosmos different projects, including Station at ~12 mins in. (TerraSpaces recording here.)
• @galactic_punks hosted a Punk FM town hall on Jan 16th to chat about the successful Galactic Ordinals mint and plans for 2024. (TerraSpaces recording here.)
• @terra_money returned with another Talking Terra with TFL on Jan 18th, which covered various product updates and Terra community questions. (TerraSpaces recording here.)
• @SkipProtocol and @StationWallet celebrated the launch of Station v3 Extension with features powered by Skip’s API on Jan 24th, sharing insights into how to usher in a user-friendly cross-chain future.
• @orbital_command spoke to @0xphilipp from Eris Protocol on Jan 30th to learn more about what their team is building to make earning in Cosmos DeFi easy.

🎧 Follow TerraSpaces Audio Vaults on Apple Podcasts, Spotify, and Google Podcasts to listen back to previous Terra community Twitter Spaces.

✏️ Community Post Highlights

• @PixeLionsDAO posted a “megathread of 2023 gratitude”. Starting as an experiment, the Pride showed how to bootstrap a token and NFT community using Enterprise in less than a year.
• @Rebel_Defi outlined the positive effects of an upcoming governance proposal to whitelist LP tokens as Alliance assets for Terra, protocols, yield farmers, and DeFi enthusiasts.
• @fleece_cannon, TFL’s CEO, reflected on the past year, rebuilding the team and positioning for the future with crypto’s most resilient community and an unrivaled application stack.
• @zion_schum, Head of Communications for TFL, wrote up a summary thread of the Talking Terra with TFL space about the Station v3 launch, upcoming governance proposals and their benefits, and what the Pulsar Finance team is working on.
• @gp4719 rated the new Station Wallet experience as “smooth as silk.”
• @Rebel_Defi posted a video showing what you can do on protocols such as Solid and Astroport as part of his Cosmos 365 challenge.
• @BPIV400 recognized the power of Station v3’s cross-chain capabilities.
• @0xham3d_eth published a dashboard and analysis covering the AllianceDAO NFT mint, secondary NFT sales, and insights into their trends and evolution.
• @hedgefunder01 tried the 1-click IBC cross-chain swaps on Station Wallet and loved the experience.
• @gp4719 gave a shout-out to the Enterprise and TFL teams, praising the new cross-chain token staking UI and experience on Enterprise DAO.
• @Mannos13 is another fan of Station’s cross-chain functionality 🎉
• @CosmosATOMDaily highlighted Terra as the leading Cosmos ecosystem based on developer activity in December.
• @orbital_command published another Terra Weekly 🌖, aggregating all the happenings within the Terra ecosystem.
• @Rebel_Defi posted another video on Twitter and YouTube demonstrating how to buy a Galactic Punk on TFM and stake it on Enterprise DAO to receive governance power and staking rewards.

💬 Closing Note

If there’s one thing that January showed us, it’s that the Terra ecosystem is doubling down on simple UX and cross-chain functionality, abstracting away unnecessary technical complexity and trailblazing a multi-chain future that makes onboarding new users quick and easy — all while driving value back to the home base 🌕

Please share your thoughts in the comments section, give this article a Like, and share it to spread the word.

Until next time!

Additional Resources

The future of Web3 is being built on Terra — take full advantage of it:

• Explore projects building in the Terra ecosystem
• Build on Terra using Terra’s robust, open-source development suite
• Join the LUNAtic community on a variety of platforms
• Read the Terra Docs to discover all things Terra
• Visit Terra.money to browse other helpful resources

Community Update — January 2024 was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Alliance is an open-source Cosmos SDK module that enables blockchains to form mutually beneficial relationships, similar to trade agreements between countries. Using Alliance, a chain can allow almost any token — including liquid staking tokens, stablecoins, liquidity provider tokens, receipt tokens for depositing into applications, and other Cosmos assets — to be staked on their chain to earn staking rewards. These are known as Alliance assets. In return for providing a portion of the chain’s staking rewards to stakers of these tokens, the chain can redistribute a percentage of these staked Alliance assets to native token stakers.

📺 Check out this video for a brief visual explanation of Alliance and how Alliances are formed.

This post will explore how to earn Alliance yield by staking Alliance assets using Station Wallet.

Let’s get into it!

Step 1: Create & Fund a Station Wallet 🛰️

Station is the only wallet that supports Alliance staking at this time. Existing Station users who have already upgraded to Station Extension v3 and funded their wallet can skip this step and proceed to Step 2: Get Alliance Assets.

If you don’t yet have a Station wallet, you can download the Station v3 Chrome or Edge browser extensions and follow this setup guide to create a wallet. Please use the Extension walkthrough, as we’ll be Alliance staking using Station Extension and Dashboard in this post.

After creating your Station wallet, fund it with the amount you wish to Alliance stake, plus a small amount to pay for gas fees (about ~$5 to start):

1. Open Station Extension in your browser
2. Click the Buy + button
3. Purchase axlUSDC on Terra with fiat currency

Alternatively, users can fund their Station wallet by sending tokens from another wallet or a centralized exchange like Coinbase or Binance.

For Existing Station Users

The Station team recently released Station Extension v3, bringing a robust set of new features to users, including seamless cross-chain swaps and sends, gas fee token top-ups, advanced cross-chain activity history, and more. For those who haven’t yet upgraded their wallet, follow the steps in this guide.

Note: Station v3 Dashboard and iOS/Android Mobile apps are expected to be released soon. Once they’re live, this guide will be updated.

Step 2: Get Alliance Assets 🤝

If you already have the Alliance asset you’d like to stake, and it’s on the chain you want to stake it on, skip to Step 4: Stake Your Alliance Assets.

Now that you have funds, it’s time to get the Alliance asset you want to stake. The process of acquiring an Alliance asset on a given chain will differ depending on the asset:

• Liquid Staking Tokens (LST): Stake your tokens with your preferred liquid staking provider on that chain to get a liquid-staked version of them
• Liquidity Provider (LP) Tokens: Provide liquidity on the DEX with the allied pool
• App Receipt Tokens: Deposit your tokens into the app that offers the allied receipt token

Note on gas fees: Thanks to Station v3’s fee top-up feature, you don’t need to worry about making sure you have the right gas fee tokens to transact on various blockchains — if you don’t have the right fee token for a particular chain, Station will prompt you to swap a token you have for the fee token you need. When doing so, ensure you get a few dollars worth of the fee token for future transactions.

For this Alliance staking guide, let’s say I want to stake ampWHALE on Terra and I’m starting with USDC on Terra. Since ampWHALE is a liquid-staked version of WHALE, I’ll need WHALE that I can stake to receive ampWHALE. If you don’t yet have the token(s) you need to stake to get an LST — or, in other examples, provide liquidity to receive an LP token or deposit into an application to receive a receipt token — follow these three steps:

1. Open Station Extension in your browser
2. Click the Swap button
3. Swap a token in your wallet for the token you need (Make sure that the token you’re receiving is on the chain you’ll need to use it on; in this example, that’s WHALE on Migaloo)

You can track your swap progress in the Activity tab on Station Extension.

If you receive an error when swapping, try swapping a different token in your wallet or use TFM’s IBC Swap. When using IBC Swap, ensure that the destination chain (the chain on the right side) is the chain you’ll later need to use the tokens on. In my example, this would be Migaloo since I plan to stake WHALE there to receive ampWHALE.

After I have WHALE on Migaloo, I visit the WHALE amplifier on Eris Protocol and stake my WHALE to receive ampWHALE, a liquid-staked version of WHALE. I’ll leave a few WHALE for future gas fees if necessary (in this example, I saved 6 WHALE).

Step 3: Send Your Alliance Assets to the Allied Chain ➡️

If a chain has whitelisted an asset native to that chain as an Alliance asset — an LP token for a DEX on that chain, for example — users don’t need to send their Alliance assets anywhere. They can simply proceed to Step 4: Stake Your Alliance Assets.

Non-native tokens listed as Alliance assets — i.e., any tokens from other blockchain networks, such as LSTs — must be sent to the allied chain to be staked. This can be done by clicking the Send button on Station Extension, selecting or pasting your wallet address for the chain you want to send assets to, and then submitting the transaction.

Since I want to stake my ampWHALE on Terra, I’ll click my active wallet under the Active section (my wallet for this example is named “Alliance”), select my Terra wallet address as the recipient, enter how much ampWHALE I want to send (all of it, for this example — you can click the MAX button), and submit my transaction.

If Station recognizes that you don’t have the required gas to complete the transaction, the new fee top-up feature in v3 will allow you to do a quick swap to get the right fee token before submitting your send transaction.

Step 4: Stake Your Alliance Assets 💰

Now that you have your Alliance assets on the chain you want to stake on, it’s time to stake them to earn Alliance yield 😎

Head to station.money and connect your wallet by clicking Connect in the top right-hand corner.

Click Stake in the left-hand menu.

Click the dropdown menu to the right of Select staking asset and select the token you want to stake. LSTs such as ampWHALE will be listed under its base token, which in this case is WHALE.

Click the Stake button next to the Alliance asset you want to stake, enter the amount you’d like to stake, then click the Submit button.

That’s it! You can now view your staked Alliance assets on the Stake page of station.money and claim your Alliance rewards at any time by clicking the Withdraw all rewards button.

Enjoy 🤝🎉

Other Alliance Resources 💡

Alliance strengthens decentralized economies by enabling them to form mutually beneficial relationships and redirect staking rewards to things that benefit their ecosystem, such as liquidity provision, liquidation bidding, application development, and more.

Alliance asset staking APRs vary depending on the asset’s Reward Weight (i.e., the percentage of native staking rewards the chain distributes to Alliance asset stakers) Take Rate (the percentage of staked Alliance assets the chain redistributes to native token stakers), and amount of tokens staked. Track Alliance asset APRs and other helpful stats using the Alliance Dashboard, and learn more about Alliance on the Alliance Docs.

For Alliance questions or to join community discussions, drop by the Terra Telegram or Discord channels!

How to Stake Alliance Assets: A Step-by-step Guide was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

Looking back on the last month of 2023, we saw the Terra ecosystem moving into the spotlight. The Terra Delegation Committee was formed, AllianceDAO successfully launched with incredible NFT artwork, and Enterprise DAO and Station Wallet added support for a plethora of new chains. After taking a breather over the holidays, the LUNAtic community is ready to conquer 2024!

Let’s dive into everything that happened within the Terra ecosystem in December 👇

🌎 Ecosystem Updates

• The first Terra Delegation Committee (TDC) was formed to guide TFL’s LUNA stake received from the TFL Community Grant.
• Ura launched XP rewards, which can be earned by swapping, providing liquidity, and delegating to Ura’s Terra validator to qualify for a veURA airdrop allocation.
• AllianceDAO released its backstory with 10 top-secret planetary dossiers leading up to the AllianceDAO launch and the start of the NFT claim period. Make sure to claim your NFT until January 12th if you participated in the Game of Alliance! 🪐
  - Lusa, the water planet.
  - Ozara, the mysterious desert planet.
  - Sindari, the fire planet.
  - Kita, the land of eternal winter.
  - Zando, the jungle planet.
  - Crutha, the rock planet.
  - Pampas, the meadow planet.
  - Minas, where mining is a way of life.
  - Gredica, where dangerous flowers encircle the globe.
  - Cristall, where amethysts grow like mountains.
• Cavern Protocol was busy building, updating its web app and libraries, integrating new wallets, and simplifying the onboarding flow.
• Astroport reached a new high of $18M in trading volume, with Terra contributing close to 40%.
• Levana introduced the upcoming Levana token (LVN) launch and airdrop.
• TFL deployed another $450K in liquidity to the DYDX/LUNA pool on Ura to enable swapping in and out of these assets on Terra with ease.
• Warp Protocol shared how the Enterprise team used Warp jobs to seamlessly migrate existing DAOs during the Enterprise DAO v2 upgrade.
• Astroport published Astro(re)port #8, covering the biggest protocol news from November.
• Ura and Capapult (now Solid) launched two Dual-Incentives pools (CAPA/LUNA, and SOLID/axlUSDC), earning LPs both Ura XP and CAPA rewards.
• AllianceDAO launched a Telegram channel for DAO members. Remember to claim your NFT by January 12th, 2024 at 2:55 pm UTC 🖼️
• Stader extended the date for unstaking LunaX on Terra via their dApp to January 31st, 2024. All maintenance activities, including auto-compounding and updating the exchange rate, have concluded.
• Participate in the Ark Protocol NFT testnet to help test Ark ahead of launch and earn a free POAP and whitelist spot for their upcoming NFT collection.
• Solid (previously Capapult) announced the winners of the Solid Rebranding Contest 🏆
• The AllianceDAO NFTs were integrated into the Necropolis NFT marketplace, powered by BackBone Labs.
• The congestion on the Terra network due to an “inscription” mint was resolved quickly by the TFL Core Team in close coordination with Terra validators. To mitigate similar future issues, the team is exploring a dynamic fee model.

🏦 Governance Updates

• The Enterprise team published two proposals to enable Enterprise DAO on Osmosis and Stargaze. Both passed with over 98% in favor.

🤝 Integrations & Listings

• Station added support for dYdX, Celestia, and Stargaze, allowing Station users to send, receive, and swap tokens, connect to apps, stake, and vote on governance proposals on these chains.
• Pulsar added support for Alliance assets across Terra, Migaloo, and Carbon.
• Pulsar also added support for Capapult, allowing users to track all of their positions in a single place.
• Enterprise DAO added support for Juno, Neutron, Stargaze, and Osmosis, enabling DAOs to create and deploy cross-chain treasuries on these chains.

🎥 Media Features

• @galactic_punks hosted a ‘Punk FM’ space on Dec 1st to chat about the Galactic Punks DAO’s future direction on Terra.
• @terra_money hosted Talking Terra with TFL on Dec 7th to discuss some of Terra’s latest developments. (TerraSpaces recording here.)
• @The_AllianceDAO celebrated the AllianceDAO launch on Dec 12th with an NFT mint party. (TerraSpaces recording here.)
• @enterprise_dao invited Juno team members on a space on Dec 18th to talk about Enterprise DAO cross-chain treasuries on Juno. (TerraSpaces recording here.)
• @The_AllianceDAO hosted its first community town hall on Dec 20th to discuss the launch, Alliance rewards, goals, and more. (TerraSpaces recording here.)

🎧 Follow TerraSpaces Audio Vaults on Apple Podcasts, Spotify, and Google Podcasts to listen back to previous Terra community Twitter Spaces.

✏️ Community Post Highlights

• @mc_ust shared a thread on TFL’s Terra liquidity deployment (worth over $17M in blue chip assets) on Astroport, Ura, and White Whale.
• @lunatic317 discovered a surge in activity on Terra and shared @fleece_cannon’s Cosmosverse Keynote covering what’s being built on Terra.
• @0xham3d_eth published an analysis covering TFL’s recent liquidity injection into Ura and increased activity on the DEX.
• @MrRefractor reminded everyone that the popular “Liquid Restaking” narrative is already here on IBC-connected chains via the Alliance module.
• @orbital_command shared a graphic showing the ~300% TVL growth on Terra over the last month due to TFL’s liquidity deployments.
• @TheRyanLion explained the AllianceDAO NFT rewards mechanism and utility, alongside some NFT artwork 🔥
• @Rebel_Defi reminded the community to claim their AllianceDAO NFTs.
• @oracles summarized the key takeaways from TFL CEO Chris Amani’s Cosmoverse Keynote in a thread.
• @Rebel_Defi shared insights about how to put your assets to work on Terra.
• @orbital_command published another Terra Weekly, aggregating all the happenings within the Terra ecosystem, including the launch of AllianceDAO and DeFi updates on Terra.

💬 Closing Note

As we bid farewell to 2023, let’s celebrate the achievements, partnerships, and milestones that helped shape this remarkable year. The Terra community has truly come together to build something extraordinary, and with so much more on the horizon, we’re poised for a promising and eventful 2024 🌖

Please share your thoughts in the comments section, give this article a Like, and share it to spread the word.

Until next time!

Additional Resources

The future of Web3 is being built on Terra — take full advantage of it:

• Explore projects building in the Terra ecosystem
• Build on Terra using Terra’s robust, open-source development suite
• Join the LUNAtic community on a variety of platforms
• Read the Terra Docs to discover all things Terra
• Visit Terra.money to browse other helpful resources

Community Update — December 2023 was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.

The wait is over — Station v3 Extension is here!

• Download the Station v3 Chrome extension
• Download the Station v3 Edge Add-on

For new users looking to set up a Station wallet for the first time, follow the steps in this setup guide. For existing Station users, follow the steps in this migration guide to upgrade to the new version.

Special thanks to everyone who shared Chris’ tweet — we’re glad that so many people are as excited for this update as we are to release it!

Station v3 Extension is the culmination of months of effort from the Station team, but our work isn’t done yet. In the coming weeks, we’ll release the v3 Dashboard and Mobile apps, giving Station users a world-class wallet experience regardless of the device they’re using. Read on to learn about the new features in Station v3 Extension, and what to expect from future releases (coming soon).

Extension — Noteworthy Features

The aim of Station v3 is simple: make interacting with Cosmos chains and apps as easy as possible. Users shouldn’t have to understand the intricacies of IBC transfer channels, or even know what IBC is, in order to interact on-chain. Station v3 takes the ease of use of the original Station Wallet and brings it cross-chain.

Here are some of the key features in Station v3 Extension:

• Seamless Cross-chain Swaps and Sends: Send, swap, and receive assets across all Station-supported chains right from the Station extension, with progress tracking for peace of mind.

• Fee Token Top-up: Have you ever accidentally stranded assets on a chain because you didn’t have the right gas fee token to move them? Not anymore :) Top-up fee tokens on any chain using other assets you have in your wallet, without leaving the original transaction.

• Advanced Cross-chain Activity History: Understand your cross-chain transaction history at a glance. Station automatically generates an easy-to-read transaction history for every chain, with logical groupings for multi-step transactions. Full transaction details are available by clicking on individual entries.

• Token-centric UI: If you have a token on multiple chains, you will see the consolidated balance in your Assets list, with an indicator for chain details. Click on an asset for a full breakdown. Switching chains is “last cycle”.

• Save Your Favorite Addresses: Bookmark your frequently used wallet addresses for future transactions. Send and receive assets with confidence.

• Enhanced On-chain Data and Reliability: Powered by Foundation, TFL’s new data infrastructure solution, Station provides users with enhanced data and reliability through scalable LCDs and indexed data.

Visit the Chrome Web or Microsoft Edge stores to download and start using Station v3.

For new users, visit the setup guide for a step-by-step walkthrough on getting started with Station. For returning users, see the migration guide for details on upgrading to v3. For Ledger users, see the Getting Started guide for instructions on connecting your Ledger.

Join the Station Discord and Telegram for real-time support.

Upcoming Releases — Dashboard and Mobile

The launch of the Station v3 Extension marks the initial phase of the Station v3 rollout. Thanks to community requests, Chris let us release it early. However, this is only a taste of the complete v3 experience. Here’s what to expect in the coming weeks, as the team crafts Station into the premier interface for Web3.

Phase 2: Station Dashboard

Following the Pulsar Finance acquisition, the Station and Pulsar teams have been working in close collaboration to build Station v3 Dashboard. The initial release will leverage Pulsar Data to track assets across 25+ chains and display rich data on validator voting power, staking APRs, and governance proposals. Soon thereafter, the Station team will implement additional features designed to help users manage their Web3 portfolios, such as a performance dashboard.

The original plan was to wait until Station v3 Dashboard was ready and release it alongside the extension. Since the extension is now live, you can expect the Dashboard to follow shortly.

Phase 3: Station Mobile (iOS & Android)

To ensure seamless and simultaneous future updates for both Station Mobile and Extension, Station’s iOS and Android apps are being rebuilt in React Native. Once Station Mobile is released, it won’t matter what device you use — you’ll have an amazing wallet experience.

Other Formats

Note: support for the Station Desktop app is being discontinued as of today. All users of the Desktop app should migrate to Station v3 by downloading the Chrome extension and migrating their wallet. View the migration guide for details.

Looking Ahead

With the release of Station v3 Extension, our team is now focused on delivering regular updates. Our immediate goal is to swiftly roll out Station v3 Dashboard and Mobile, alongside integrating new features and user experience improvements based on valuable user feedback. Users can now submit bug reports and feature requests directly to the Station team via feedback.station.money.

To get started with Station v3, download the Chrome extension or Edge Add-on, follow the steps in the setup or migration guide, join the Station Discord and Telegram for real-time support and discussions with Station community members, and let your friends know that Station v3 has arrived by reposting the announcement on Twitter/X! 🛰

Introducing Station v3 Extension was originally published in Terra on Medium, where people are continuing the conversation by highlighting and responding to this story.