Terra Treasury is the first decentralized 3rd Gen. Savings Protocol based on the uprising Terra Luna Ecosystem.
Terra Treasury successfully raised $2.8m from private angel investors, setting new standards in the DeFi ecosystem with the first decentralized 3rd Gen. Savings Protocol.
A total of 6% of the total fixed supply was sold in the round at a valuation of $46.6 million.
Since the big growth spurt in the Terra Luna Ecosystem (today, second largest Ecosystem by total value locked according to Defilama), Savings Protocols have seen a tremendous increase in demand amongst users.
Terra Treasury operates in decentralized finance strategies such as complex arbitrage trading, advanced yield-farming mechanisms and proof of stake blockchain delegations providing its users a simple and unique way to participate in DeFi to create real passive income through the Terra Treasury Savings Protocol.
Terra Treasury is launching with its two flagship Savings Protocols, the UST Savings Protocol and the LUNA Savings Protocol.
After intensive months of thorough products testing, Terra Treasury is opening its savings protocols to the public.
Terra Treasury successfully solves many major saving protocol liquidity and scaling challenges by using short term arbitrage trading bots and collateral based yield farming.
Although the first fundraising round has been massive oversubscribed, Terra Treasury is currently not accepting any new angel investors, due to one of Terra Treasury’s core principles of decentralization and democratization where the community owns major parts of the savings protocol. 19% of the total supply of 600 million tokens will be allocated to all users during a community farming event.