BC ALL
Saved by @Jacobtldr

OK, that was quick, time to drop it.

@PenserETH was correct, I was thinking about @terra_money. I honestly believe its still one of the most underrated ecosystems.

Thread why:

 1. Terra is an app specific chain built on Cosmos. It started as a stablecoin app-chain and now branches into other venues. Where it differs from the rest of crypto (which is largely inward facing) is its focus on outward outside “irl” use cases.

https://t.co/fCF8pOXoV3
2. Terra stablecoins (mainly KRT) enable cheap online payments, undercutting the incumbent payment providers by 60%. Via mobile payment app CHAI, KRT is now used by actual retail consumer to pay for stuff online.
3. Until now, the tx volume facilitated by terra is 370M USD, most of it in e-commerce in SEA region. And the fees are accruing directly to LUNA (Terra native token) Stakers and Delegators.
https://t.co/MNqCdAB3Bn
4. This makes Terra one of the best cashflow driven projects in crypto. Not only because it has relatively attractive “P/S” ratio (currently 22, but was below 3 not so long ago!), but also because its success is not dependent on crypto speculation but usage outside of crypto.
5. Apart from (KRT) Korean Wong, they now facilitate UST (USD stable), MNT (Mongolian Tugrik) and SDT (SDR = global reserve asset of IMF - https://t.co/JQojWGZusR). Sounds a bit quirky, but it shows the flexibility of the system and the willingness to capture long tail adoption.
6. Whats also cool is that you can pick whichever currency you want to pay tx fees to validators. Those earning the fees dont have too hard time dealing with it. You can easily trade between the assets using https://t.co/dw9icqaQWd DEX.
7. K, cheap online payments are solved. What else mainstream users want? Savings. Ideally with predictable yields. And the most sustainable income in crypto is currently from staking. https://t.co/dz8nyFu1gv
8. So chads from terra are among the first to connect retail users with PoS income via staking derivatives. Thats what https://t.co/x2Th68MCUX is for, enabling terra stablecoin holders to earn yield from staking, abstracting away complexity of staking.
9. You may noticed that staking derivatives can get pretty hot next year with Eth 2.0. On top of stablecoin adoption, Terra is riding this wave too, harnessing their retail user base (unlike others, whose target groups are crypto insiders).
10. K, payments solved, savings solved. What else can retail normie want from next gen suite of financial products? Investments. Enter https://t.co/HwgNm3MaTx. Enabling synthetic assets on Terra, using simple AMM mechanism.
11. While synths are nothing groundbreaking, Mirror solution is pretty elegant. Currently big tech stonks, as well as some commodities are available in pairs with UST. LPing is incentivized by quite high APY (in MIR tokens) too! The UX is pretty seamless if you are used to DeFi.
12. Cheap payments, stable savings and seamless investments facilitated by standalone app-specific blockchain are a killer combo already. But with IBC and bridging to ETH, Terra will start to talk with rest of DeFi, unlocking superpower of composability.
13. Price action of LUNA was a bit underwhelming compared to other DeFi blue chips. Part of the reason was that its mostly unknown to degens focused on ETH casino, part of it was that some early VCs were dumping their bags, having change of heart about crypto in bear market.
14. But it seems its already picking up. Due to simple fundamentals, its quite easy to conduct financial analysis of the project ( https://t.co/Ftx06v0kvT) and smart money picked up the scent.
15. I think Terra is well positioned to be a dominant Cosmos player, DeFi hub and also interesting SEA region fintech play. IMO its quite underpriced relative to others in this hopium filled market and its probably the best shot for mainstream/fintech/non-speculative adoption.
16. BUT! Dont trust me, I am shilling my own bags and am just anime profile pic anon on twitter…so DYOR. There are risks of something else winning, or maybe BTC maxis are right and this is all crap that goes to zero...
Paging @d0h0k1 in case I got something wrong
Also see this monster thread: https://t.co/ELWGvAjgw2

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Did you know?

When Saudi Arabia's King visited India in 1955, PM Nehru ordered all the Hindu Temples and Idols of Hindu Deities that came in Saudi King's way to be covered up.
Our temples are the architectural marvels in their own league.


Each of our temples tells the story of our rich history and cultural heritage. Was Nehru that ashamed of his own nation's heritage that he had to cover them up or there was some other reason? The answer would be best known to him only.

PM Nehru invited the then Saudi King Saud bin Abdul Aziz to India who accepted the invitation and planned a 17 day long official visit to India in 1955. Saudi King had brought a large delegation with him and he had to visit various Indian cities like Mumbai, Hyderabad, Agra,


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@VIBHU_Tweet
RANI GAIDINLIU:THE LESSER KNOWN FREEDOM FIGHTER

Rani Gaidinliu joined the freedom struggle at 13 &was sentenced to life imprisonment at 16."We r free people—the White should not rule over us.”Thus calling out to her Zeliangrong tribesmen was the voice of 13yr-old Rani Gaidinliu.


She joined the freedom struggle in the present-day Northeast India. Today, her struggle is lost in history as most of her countrymen wouldn’t even have heard her name. B'coz our history textbooks tell us that only Mahatma Gandhi &Pandit Nehru got India its Independence.


At 16 yrs of age, this valiant girl was sentenced to life imprisonment for leading a movement to drive out the colonial rulers from Manipur and Nagaland. Nevertheless, she was released in 1947 after India’s independence and was given the title ,"Rani of Nagas".


EARLY LIFE AND HERAKA MOVEMENT

Gaidinliu belonged to the Rongmei clan of the Zeliangrong tribe in the Tamenglong district of western Manipur. Born on January 26, 1915, she was fifth among eight children.


Her native village was Nungkao, which is present day Tamenglong distt. Brought up in a specially backward region,she couldn't receive any formal education. However,this didn't stop her from joining the freedom struggle. At the age of 10 she came under the influence of her cousin.
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A relationship begins to get stiff when excessive patterns begin to form.

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Get the emotions involved.

Do something spontaneous out of the blue moon & flip the script.

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Nothing is wrong with patterns.

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Sure 👇

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'Right.'

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This funny but interesting anecdote was published by a statewide local daily Dinamalar. I have just translated and posting it here for rest of the nation;
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A long🧵that u must read

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Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.

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They looked high.

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They looked underneath every rock, behind every tree, into every bush.

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