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StargazeSTARS Token Distribution and Airdrop
Stargaze is one of the first NFT markets to launch in the Cosmos ecosystem. Cosmos is a network of custom interoperable blockchains. It is currently the second largest ecosystem by volume, and includes Terra, Cosmos Hub, Thorchain, and Osmosis. Stargaze aims to be a decentralized NFT market, totally owned and governed by its users. Therefore, distribution of STARS has to be equitable, accessible, and cover a large surface area.Token Release ScheduleA fair initial distribution is pivotal in se...
StargazeStargaze Names: A Cosmos IBC Name Service
OverviewThere have been a few name service experiments in Cosmos, but none of them have really gotten much adoption. This is because names, like Internet domain names, need a well established use case and have to be integrated into the rest of the infrastructure. Internet domains don’t make sense if websites don’t exist. Likewise, web3 names don’t make sense unless they can be used somewhere. On Ethereum, ENS didn’t really take off until NFTs gained traction. Names are useful for NFTs because...
StargazeNames Renewal
https://mirror.xyz/stargazezone.eth/FnFerE5-97VBOoVAN_-2cU2koIUDMErcPd0cGR3pPio Stargaze Names had its first anniversary in December 2023. The community embraced Names as part of their digital identity, with 17,420 Names minted, owned by 9,470 addresses. So far:6,253 Names are associated with an address3,958 Names have an associated NFT for their profile1,594 Names have associated a Twitter accountHalf of all marketplace listings use a NameStargaze Names are used across the website in many wa...
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StargazeSTARS Token Distribution and Airdrop
Stargaze is one of the first NFT markets to launch in the Cosmos ecosystem. Cosmos is a network of custom interoperable blockchains. It is currently the second largest ecosystem by volume, and includes Terra, Cosmos Hub, Thorchain, and Osmosis. Stargaze aims to be a decentralized NFT market, totally owned and governed by its users. Therefore, distribution of STARS has to be equitable, accessible, and cover a large surface area.Token Release ScheduleA fair initial distribution is pivotal in se...
StargazeStargaze Names: A Cosmos IBC Name Service
OverviewThere have been a few name service experiments in Cosmos, but none of them have really gotten much adoption. This is because names, like Internet domain names, need a well established use case and have to be integrated into the rest of the infrastructure. Internet domains don’t make sense if websites don’t exist. Likewise, web3 names don’t make sense unless they can be used somewhere. On Ethereum, ENS didn’t really take off until NFTs gained traction. Names are useful for NFTs because...
StargazeNames Renewal
https://mirror.xyz/stargazezone.eth/FnFerE5-97VBOoVAN_-2cU2koIUDMErcPd0cGR3pPio Stargaze Names had its first anniversary in December 2023. The community embraced Names as part of their digital identity, with 17,420 Names minted, owned by 9,470 addresses. So far:6,253 Names are associated with an address3,958 Names have an associated NFT for their profile1,594 Names have associated a Twitter accountHalf of all marketplace listings use a NameStargaze Names are used across the website in many wa...
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Stargaze completed a Liquidity Bootstrapping Event on Dec 21 at 5pm UTC, achieving a market price of $0.107 for STARS.
The price started at $0.31, a bit higher than expected due to someone (a bot?) that aped in the second the pool was created. However, the curve ended up looking like a healthy reverse Dutch-auction, and achieved its intended function of distributing STARS and achieving a market price. As expected, the price fell like a falling knife in the beginning, until bottoming at $0.06. It then picked up towards the end to close at $0.107. Overall, 18M STARS were distributed during the LBP.
The LBP was initiated with a 135,000 OSMO loan from the Osmosis Community Pool, a first of its kind DAO-to-DAO governance interaction in the Cosmos community.
The Stargaze community initiated a series of governance signaling posts and proposals to get buy-in from the Osmosis community:
Interchain block explorer and data analytics for sovereign blockchain networks.
Since LBPs are still new in the Cosmos ecosystem, the Stargaze community did a lot of community outreach and education, with blog posts by Elizabeth Barnes from Figment Capital, and Xave Meegan from Chorus One that were widely distributed across Stargaze social media.
https://www.figment.io/resources/lbps-on-osmosis-stargaze
Stargaze Liquidity Bootstrapping Pool (LBP) Event Primer Event Overview Stargaze is bootstrapping liquidity for STARS in a Liquidity Bootstrapping Pool (LBP) on Osmosis between December 18th 2021 ...
We also built an LBP simulation tool to assist the community in understand how LBPs work. It is open sourced here for other projects to use and learn from.
Contribute to public-awesome/lbp-simulator development by creating an account on GitHub.
After the LBP, the asymmetric pool converted into a regular 50:50 liquidity pool. This STARS/OSMO pool is live and open for trading on Osmosis now.
Staking rewards and liquidity incentives will be coming early in 2022. Stay tuned.
The Stargaze community withdrew half of the liquidity from the LBP and paid back the OSMO loan with STARS on Dec 21. This resulted in diversifying the Osmosis community pool with STARS, and the Stargaze community pool with OSMO.
Transaction to fund the Osmosis community pool with STARS to pay back the loan:
Interchain block explorer and data analytics for sovereign blockchain networks.
Transaction to transfer funds over IBC from the Osmosis community multisig to the Stargaze community multisig:
Interchain block explorer and data analytics for sovereign blockchain networks.
And finally, Stargaze now has a reserve of OSMO in its community pool / treasury:
Interchain block explorer and data analytics for sovereign blockchain networks.
Stargaze is an interoperable NFT marketplace in the Cosmos ecosystem.
To follow along with Stargaze developments, check us out on Twitter at https://twitter.com/StargazeZone, and join our Discord or Telegram.
Stargaze completed a Liquidity Bootstrapping Event on Dec 21 at 5pm UTC, achieving a market price of $0.107 for STARS.
The price started at $0.31, a bit higher than expected due to someone (a bot?) that aped in the second the pool was created. However, the curve ended up looking like a healthy reverse Dutch-auction, and achieved its intended function of distributing STARS and achieving a market price. As expected, the price fell like a falling knife in the beginning, until bottoming at $0.06. It then picked up towards the end to close at $0.107. Overall, 18M STARS were distributed during the LBP.
The LBP was initiated with a 135,000 OSMO loan from the Osmosis Community Pool, a first of its kind DAO-to-DAO governance interaction in the Cosmos community.
The Stargaze community initiated a series of governance signaling posts and proposals to get buy-in from the Osmosis community:
Interchain block explorer and data analytics for sovereign blockchain networks.
Since LBPs are still new in the Cosmos ecosystem, the Stargaze community did a lot of community outreach and education, with blog posts by Elizabeth Barnes from Figment Capital, and Xave Meegan from Chorus One that were widely distributed across Stargaze social media.
https://www.figment.io/resources/lbps-on-osmosis-stargaze
Stargaze Liquidity Bootstrapping Pool (LBP) Event Primer Event Overview Stargaze is bootstrapping liquidity for STARS in a Liquidity Bootstrapping Pool (LBP) on Osmosis between December 18th 2021 ...
We also built an LBP simulation tool to assist the community in understand how LBPs work. It is open sourced here for other projects to use and learn from.
Contribute to public-awesome/lbp-simulator development by creating an account on GitHub.
After the LBP, the asymmetric pool converted into a regular 50:50 liquidity pool. This STARS/OSMO pool is live and open for trading on Osmosis now.
Staking rewards and liquidity incentives will be coming early in 2022. Stay tuned.
The Stargaze community withdrew half of the liquidity from the LBP and paid back the OSMO loan with STARS on Dec 21. This resulted in diversifying the Osmosis community pool with STARS, and the Stargaze community pool with OSMO.
Transaction to fund the Osmosis community pool with STARS to pay back the loan:
Interchain block explorer and data analytics for sovereign blockchain networks.
Transaction to transfer funds over IBC from the Osmosis community multisig to the Stargaze community multisig:
Interchain block explorer and data analytics for sovereign blockchain networks.
And finally, Stargaze now has a reserve of OSMO in its community pool / treasury:
Interchain block explorer and data analytics for sovereign blockchain networks.
Stargaze is an interoperable NFT marketplace in the Cosmos ecosystem.
To follow along with Stargaze developments, check us out on Twitter at https://twitter.com/StargazeZone, and join our Discord or Telegram.
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