Terraport: Objectives and Actions for the Optimization of the Ecosystem

Introduction

This document outlines Terraport’s roadmap for the end of the year 2024, with the objective of optimizing the ecosystem and maximizing the value of the $TERRA token.
The proposed interventions aim to increase the utility of the token, incentivize community participation, and promote long-term stability.

Implementation Phases

Phase 1: Consolidation and Visibility (by November 2024)

  • Token Extraction for CoinMarketCap listing: Extraction of $LUNC from the Terraport Community Pool to finance the listing of $TERRA on CoinMarketCap, increasing its visibility and accessibility.
  • Token Extraction from the Treasury: Extraction of tokens accumulated in the Treasury contract in order to finance development and growth initiatives for the ecosystem.
  • Start of the Compensation Plan: Execution of the compensation plan as defined in the proposal approved by the community.
  • Creation of New Farms: Implementation of new farms with the TERRA/LUNC and TERRA/USTC pairs to offer users yield farming opportunities. The necessary $TERRA tokens will be made available through a governance proposal.

Phase 2: Staking and Governance (by November 2024)

  • Staking Remodulation: Optimization of the staking system with new options to incentivize users to lock their $TERRA tokens for longer periods, with maximum APYs of up to 20%.
  • Proposal for Reduction of Voting Time: Submission of a proposal to reduce the duration of governance votes to 3 days + 2 days, in order to accelerate the decision-making process.

Phase 3: Incentivization and Growth (by December 2024)

  • Reduction of Transaction Fees: Reduction of transaction fees in Terraport’s V2 pools from 2% to 0.3% to encourage the use of the platform. The transition will be gradual.
  • Creation of New V3 Pools: Creation of new V3 pools with the LUNC/USTC, USTC/USDC and LUNC/USDC pairs, with the aim of offering yield farming opportunities with higher returns. The $TERRA tokens required for the farms will be made available through a governance proposal.

Governance Proposals

  • Proposal 1 - Reduction of Voting Time: Optimization of the decision-making process.

  • Proposal 2 - Extraction of Community Pool Funds: Financing the listing on CoinMarketCap.

  • Proposal 3 - Treasury Modification: Transparent management of Treasury funds and financing the development of the ecosystem.

  • Proposal 4 - Token Allocation: Allocation of $TERRA tokens for new staking and farming contracts.

Conclusion

The presented roadmap represents an important step towards the growth and consolidation of the Terraport ecosystem. The implementation of these measures will contribute to creating a more solid, transparent and sustainable ecosystem.

Invitation to Discussion
The community is invited to actively participate in the discussion on these proposals and to contribute with ideas and suggestions for the continuous improvement of Terraport.

Kind regards,

The Terraport Team

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Very good, but we wanna know also the updates regarding the original 2024 roadmap about:
-Terra wallet
-Terraport Card
-Terraport shop/marketplace

Great news you have my full support

I support this proposal.Is the new future for Terraport and Lunc

Good proposals, you have my support.

Excellent :+1::white_check_mark: !
Let’s do it.

I support four proposals. Come On Terra!

Benim açımdan burada değerli olan 2 durum var CMC ve oylama süreci . Terraportun Lunc ve Ustc likiditelerine kesinlikle savunan biri degilim, çünkü avantajı yok ve her zaman zararda olan Terra olacağını düşünüyorum . Tazminat planı için düşüncem şu %79 olan Terraport payı nereye aktarılacak bu durum hala şeffaf değil . En önemlisi Terraport neden Cex gorusmelerinden uzak duruyor çünkü Terra nin değer gördüğü tek zaman Cex listelemesi oldu

Yeni stake planları çerçevesinde düşüncem önce güven derim. İnsanlar güvenmediği bir şeye neden uzun vadeli yatırım yapsın ki . Ön satış fiyatının 1/4 ünün bile altında olan bir kriptoya uzun vadeli yatırım yapması için insanların gerçekten değerli ve güvenilir olacağına inanması gerekiyor. Peki bu güven için hangi adımların atılacağını söyleyeceksiniz

the proposal to reduce governance times would allow for more proposals to be devised and implemented more quickly

on my side it is yes for all the proposals made to ensure that Terraport can prosper

Good idea but the real revolution is to do a lot of advertising and spend funds in this direction! Advertising is fundamental…it’s the soul of commerce

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I’m interested in knowing how the “up to 20% apy” is seen as a positive driver when those kind of rates are higher than the one we already have and would cause more inflation, knowing that the 2 years and 540 days stakings are still on producing rewards and tranches of compensation are going to be released monthly. All this new Terra into the market will accelerate and make deeper the effects of inflation, leading to lower and lower prices of terra / lunc. How do presenting a higher yield of 20% helps? I remember and I think others do as well, that Anchor offered 20% and that was obviously not sustainable. Only a small portion of less than 15% of terra is circulating supply, so that means we have room to inflate like crazy. I think we can come up with better ways of manage rates more conservatively and perhaps better marketing on them to make them more appealing for new investors.

For example: new investors come to terraport and see that all the staking pools are . They only have the 14 days option and they may think, “this is so low compared to the 100% staking… i,ve come too late. I better go look for other oportunities and variety.”.

If new investors go to staking and only see the pools that are currently active and see the higher one of 180 days with 16%, and have like 3 or 4 other options with lower rates for lower timeframes, they can chose and not feel like came too late to the party.

The old sold out pools should go to the “other” tab of the site and not be shown in staking anymore. Only active pools there.

I wouldn’t offer higher rates but lower and more timeframes, as I proposed in my thread.

I agree with the other phases and changes though.

This is my pov. I hope us all the best.

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