The 30M $LUNA (~$2.2M) Protocol Owned Liquidity (POL) deployment will increase: (1) liquidity, (2) validator alignment, and (3) community pool revenue generation.
Voting closes on December 2nd. This is the perfect moment for more voices to join the conversation on the Terra Phoenix forum.
1. The plan is to deploy 30M LUNA from the Community Pool into two essential liquidity pools: USDC-ampLUNA and LUNA-ampLUNA on @astroport_fi 🔵
Only 25% of the LUNA is converted into USDC, via Ignite OTC on @Boost_DAO and the Liquidity Alliance portal on @eris_protocol ⚫️
2. With ~15M LUNA converted to ampLUNA, validators locking LUNA on Eris Amp Governance will be able to compete for increased delegations.
3. Part of the proposal discusses how the LP fees will be used: either compounded, growing community pool assets - or burned 🔥
Don’t just watch from the sidelines, join the forum discussion. Governance is stronger when more people are involved!
XRP RESERVES ON BINANCE COLLAPSE TO MULTI-YEAR LOWS — ONLY 2.7 BILLION LEFT
This is not a small metric this is a structural signal the entire market should be paying attention to.
Here’s why this is important:
1. Binance is the deepest retail + offshore liquidity pool for XRP When reserves hit multi-year lows it means one thing circulating supply on the world’s largest exchange is drying up. This only happens in two scenarios mass accumulation or preparation for institutional absorption.
Right now we’re seeing both.
2. ETF-era demand is approaching while supply is shrinking All newly approved XRP ETFs must buy on the open market because the court injunction prevents direct purchases from Ripple or escrow. So as ETFs start scaling they’re competing in an environment where Binance reserves are at record lows.
Translation demand is coming supply is vanishing.
3. OTC desks are reporting tighter XRP inventories Off-exchange liquidity desks have already been signaling thin books especially after Asian and Middle Eastern buyers accelerated accumulation throughout Q3 and Q4. When both CEX reserves and OTC inventories drop you get a mathematical setup for violent upside movement.
4. Smart money moves BEFORE price — and this is exactly that We saw it with Bitcoin pre-ETF massive exchange outflows shrinking reserves suppressed volatility then a vertical move. XRP is now mirroring that same footprint but with even stricter supply rules due to escrow and injunction limitations.
5. Binance dropping to 2.7B XRP is not normal market behavior This is a multi-year low not a random dip not a washout not a whale exit. It’s coordinated accumulation across wallets, CEXs, and OTC venues. This pattern usually precedes one thing parabolic recalibration of price to match new liquidity conditions.
6. XRP has the cleanest path to institutional flow With GTreasury, RLUSD, and Ripple Prime rolling out XRP is entering the most institution-ready era of its existence. And institutions accumulate long before headlines catch up.
7. Supply shocks don’t announce themselves they build quietly — then erupt Low exchange reserves are the number one on-chain indicator that a major move is brewing. Binance at 2.7B XRP puts us in a zone we haven’t seen in years right as ETFs launch right as institutional rails go live right as liquidity corridors expand.
⚡️ Top Crypto Projects by Developer Activity in November
Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in a number of Github events.
⚡ PharmaTrace has secured 300,000 $HBAR via Thrive's Hedera program to move its enterprise track-and-trace platform onto a permissioned architecture, building a regulatory DePIN solution for global pharma supply chains.
From PharmaTrace :
"For existing PharmaTrace customers, this announcement is a reassurance: the platform you use today is funded for its next evolution, backed by a leading public network ecosystem, and designed to keep you ahead of regulatory, ESG, and technological change." #HEDERA🌿 $HBAR
XLM While everyone debates price action, U.S. Bank just completed a $4.5B stablecoin stress-test on the #Stellar network in collaboration with PwC and the Stellar Development Foundation.
Institutional finance is quietly moving onto blockchain rails. #XLM $XLM