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Splitting ("refracting") your #LUNA into #yLUNA and #pLUNA can currently earn you the highest attainable #LUNA yield in the @terra_money ecosystem 👀
That is, if you know what to do 💡
A quick 🧵 on how to maximize your #LUNA #ROI on @prism_protocol 🔥
That is, if you know what to do 💡
A quick 🧵 on how to maximize your #LUNA #ROI on @prism_protocol 🔥
1/ First step: Refract your #LUNA (see above). You now own an identical amount of #yLUNA and #pLUNA.
These tokens can always be merged back together to form a full #LUNA (well, #cLUNA, which has to unbond back to #LUNA for 21-24 days, like #bLUNA - but you get the point!)
These tokens can always be merged back together to form a full #LUNA (well, #cLUNA, which has to unbond back to #LUNA for 21-24 days, like #bLUNA - but you get the point!)
2/ #yLUNA is #LUNA's yield component. Therefore, it can be staked, just like regular #LUNA. You can attain the "normal" staking yield in @prism_protocol's "stake" tab.
#Airdrops are automatically claimed by the protocol, further simplyfing your UX.
#Airdrops are automatically claimed by the protocol, further simplyfing your UX.
