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Hey @milesdeutscher, great write-up on the $LUNA #yield opportunities on @prism_protocol! 🥳
We missed some more information on the capabilities of $pLUNA, though! No problem - that's what we are here for 🤝
A quick 🧵 on what you can currently (& soon!) do with $pLUNA!
We missed some more information on the capabilities of $pLUNA, though! No problem - that's what we are here for 🤝
A quick 🧵 on what you can currently (& soon!) do with $pLUNA!
1/ $pLUNA represents the principal token of $LUNA.
In theory, you should be able to do everything with $pLUNA, that can be done with $LUNA, except of course, earn staking yield (as that's what $pLUNA's counterpart $yLUNA is for!)
In theory, you should be able to do everything with $pLUNA, that can be done with $LUNA, except of course, earn staking yield (as that's what $pLUNA's counterpart $yLUNA is for!)
2/ Since @prism_protocol just recently launched, in practice things are looking a bit different though.
Naturally, you can #hodl your $pLUNA. Besides that, you can...
Naturally, you can #hodl your $pLUNA. Besides that, you can...
