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4 ways to use Terra's protocols to your advantage!

(Plus a sizzling bonus at the end)

Read on to find out:

πŸ§ΆπŸ‘‡
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...πŸ”½πŸ”½
$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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