January 18, 2023 [IMPORTANT ADVISORY] TPT-LUNA LP Pool Switch
On January 12, the TP team has raised an issue with Astroport in regards to an issue on the LP reward generators. The Astroport team has ack’d the issue, and are currently working on a fix. In the meantime, the TP team is providing an alternative fix while it is being fixed. Please read the below.
The Problem: The TP team is fully aware of the significant drop in LP rewards being emitted by the Astroport generators. The initial issue was raised in concern to disappearing LP rewards that the team and the community has witnessed in claimable rewards. This is affecting the entire TP community’s TPT rewards and LP pool.
The Fix: The fix is localized solely under Astroport’s control. Therefore, the TP team cannot fix the issue itself. The Astroport team is working on the fix and TP will continue to update the community.
The Solution for Terra Poker Liquidity Providers: On January 18th, the Terra Poker team has decided to take active measures to prevent further loss of rewards to its community. This is only a temporary fix until Astroport fixes the bug, and therefore should be seen as a band-aid solution. Effective immediately, we will provide another pool for users to redirect their LPs from the astro generators, and therefore earn their entitled rewards in entirety.
How to switch over: The switch must happen manually by the user. We recommend unstaking the LP from Astroport, and then re-staking it on the Terra Poker Webapp page here: Terra Poker For new providers, this is a 2-step process: You must create the LP (TPT-LUNA) and then Stake the LP.
N.B: You must stake the LPs to receive rewards. Therefore please ensure you are creating and then staking
This is the pool you need to redirect to
- Upper Right corner shows ‘Liquidity’ for making the pair, and ‘Stake’ to stake the made LPs. Only once you stake, will you start receiving rewards, and it will be reflected if you revisit the page again for your accumulated rewards
The Terra Poker team strongly advises LP providers to use the temporary solution to receive their entitled rewards in entirety. However, we do recognize that this is a personal choice. During this time, it is also important to note that the Dual Incentives on Astroport will cease.
All this while, we also encourage the community to support Astroport in their fix for the bug.