(May 2nd-May 9th, 2021)

Dear Terran,

Yeah, the first report was a bit... long.

And you probably said "ain't nobody got time for that".

So, I've listened to your suggestions and this number will be very concise. Less fluff, more stuff.

Also, due to some confusion with Fynn's report on Terra, I've decided to rebrand "The Terra Report" to "The Terran Outpost".

So, what happened this week?

  1. Messari shows that LUNA has become increasingly uncorrelated with other DeFi assets - implying it can reduce risk and improve portfolio diversification.

Why is this important? It makes LUNA more attractive to institutional investor's eyes.

  1. **“Terra for Dummies,” or All the Ways You Can Go Full DeFi Using the Terra Ecosystem Today**

Why is this important? This article is an easy way to introduce the Terra ecosystem to someone who knows a bit of crypto and DeFi. It summarizes the ecosystem in an easy way.

  1. **Ozone Insurance Mechanisms**

Why is this important? This is the first time Terraform Labs develops a dapp in the open, with the community. It shows transparency and willingness of the TFL team to listen to the Terrans suggestions.

It also showed the possible token distribution (15% of the token would be distributed to LUNA stakers: 5% at genesis, 10% over 1 year).

  1. **Coinone exchange lists Anchor Protocol (ANC) token**

Why is this important? Coinone receives more than 6M monthly users. This opens the door for ANC to be traded in one of Korea's biggest exchanges. They also have been running events promoting LUNA and ANC (see images below).

![<https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b3c81750-6647-4ba6-bea3-f1beae8f2ddf/Untitled.png>](<https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b3c81750-6647-4ba6-bea3-f1beae8f2ddf/Untitled.png>)

![<https://s3-us-west-2.amazonaws.com/secure.notion-static.com/2a31223f-af9e-4348-ac92-3a56040610c3/Untitled.png>](<https://s3-us-west-2.amazonaws.com/secure.notion-static.com/2a31223f-af9e-4348-ac92-3a56040610c3/Untitled.png>)
  1. **Coinbase Pro and Coinbase list $MIR.**

Why is this important? Coinbase is one of the hardest exchanges to get into. Mirror's inclusion gives it social proof and it also allows the US investors to buy the token in an easier way.

  1. **Nash Wallet is integrating with Terra ecosystem.**

Why is this important? According to SimilarWeb, most users of Nash Wallet come from Europe, specifically: France. This will allow Terra to open new markets and reach new users. Plus, it's always good to have Terra on more wallets.