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I support adding LUNA and Aurora. -wash |
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I support adding Luna |
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I support adding Luna. It has a large community which can help necc. |
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+1 |
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Token: $LUNA
Market cap: $31.2b ($71.7b FDV)
Annual Projected Volatility: HIGH relative beta to BTC. Previous year return: 120.66x
Staking Ratios: 86% of current MC (total staked as of 1/4/2022 =$27,131,196,630 or 313,148,622 LUNA)
Systemic Risks: Unknown (need community input)
Smart Contract Risk: Unknown (need community input)
Ecosystem Utilization: Token is currently on AURORA. Current liquidity (TriSolaris) = $4.1mm (LUNA-wNEAR pool). The Terra Bridge is also currently integrated with Aurora.
Trading Volume & MC Ratio: Avg trade volume prev 60 days = $1,976,318,795.83 >> MC Ratio prev 60 day avg = 8% (1.976b avg vol / 24.4bil avg MC)
Oracle data feed sources: Unknown (need community input)
General price action: Volatile/UP -- Token has gone on extreme run, expect further volatility favoring the downside short term. Bulls/bear will certainly be in a fight on this one MC down ~5.88% previous 24hrs.
Thesis: LUNA is a well known/establish token with good DEX liquidity on AURORA and ecosystem bridge. It has a large community and market cap while also remaining volatile. It also has proven to have relatively low market correlation giving traders diversified trade opportunity.
Sauces:
MC/Vol Data: CMC
Staking Data: https://www.stakingrewards.com/earn/terra/
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