Discover and read the best of Twitter Threads about #DegenVaults

Most recents (4)

This secret “sniper hack” is about to boost your Stader rewards by 3X...

Hint: It has nothing to do with regular staking or sneaky DeFi swings.

🧵👇
At Stader, we’re in the constant grind to boost your yield to levels unseen before.

For this, we are opening an exclusive “$SD holder’s shooting range”.

The grand prize?

Hit the “3X rewards” target.

How?

With Stader’s upcoming Tokenomics v2.0.

Here’s how it works:
You probably know Stader's $SD tokens allow you to make a whole extra yield:

The current APR is ~20%.

- That's ON TOP of your regular staking rewards of ~7.45 APY…

- As also our new Degen Vaults with 8-10% APY!

Yet, this is just the beginning:
Read 8 tweets
The Degen Vaults revolution has finally begun!

We maxed out the caps on our #DegenVaults beta launch yesterday.

Why is this a revolutionary product for @terra_money and what’s coming in the near future?

🧵👇 Image
Why is Degen Vaults going to change the game, you ask?

It solves 3 main problems associated with yield strategies:

- Discovery: Identifying the right strategies based on a user’s risk appetite

- Execution: Implementing multiple steps across several protocols
- Monitoring: Monitoring positions to manage risks/liquidations

What’s the idea behind building it?

We aim to create a 1-click platform that provides #LUNAtics access to a plethora of DeFi strategies...

from simple to complex, low-risk to high-risk, low-yield to high-yield.
Read 7 tweets
4 ways to use Terra's protocols to your advantage!

(Plus a sizzling bonus at the end)

Read on to find out:

🧶👇
1. @anchor_protocol

Anchor is Terra's OG DeFi protocol with the highest TVL across the network - $10.41B.

It allows you to borrow $UST against liquid assets like $bLUNA.

And then deposit the borrowed $UST to earn a massive 20% APY.

No wonder it has such huge TVL.

Next:
2. @EdgeProtocol

Edge allows you to borrow and lend several Terra assets.

You can deposit an asset as collateral and borrow against it.

For example:

Remember the yield you get on your $UST deposits on Anchor?

Well, you earn yield in $aUST tokens.

Now for the fun part:
Read 14 tweets
Money Markets hold untold treasures.

And the golden key to unlocking it?

$LunaX.

Here's how...🔽🔽
$LUNA works hard to earn you rewards and airdrops.

But transforming $LUNA into $LunaX allows it to do way more.

$LunaX allows you to:

- Borrow Terra assets against it
- Deposit them on different protocols that give out fat yields
- While earning rewards

For example: Image
You borrow $LUNA on Edge against $LunaX and stake them on Stader.

You instantly double your rewards.

OR

You borrow $aUST on Edge against $LunaX and mint mAssets on Mirror against these $aUST tokens.

And...
Read 6 tweets

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