Discover and read the best of Twitter Threads about #plunadao

Most recents (2)

Up until now we have only been seeing moderate gains for #PRISM and its liquid staking token #xPRISM.

A quick 🧵 on why #PRISM will be the next #terraluna #altcoin to break out soon and fly towards the🌕! #Moonshot #LUNAtics
1/ @prism_protocol's innovative approach of allowing users to split ("refract") their #LUNA tokens into #pLUNA and #yLUNA lies at the core of the protocol.

For this service, a portion of yield derived through the protocol goes towards #PRISM stakers, i.e. #xPRISM #hodlers.
2/ While all of the juicy details can be found @ prismprotocol.notion.site, the gist of it is as follows:

By holding #PRISM and staking it for the auto-compunding #xPRISM token, you effectively become a shareholder of @prism_protocol's income stream.
Read 6 tweets
#yLUNA will fail without a strong case for #pLUNA.

A 🧵 on the symbiotic relationship between these tokens.
1/ While as #pLUNADAO we are focusing on creating value and use cases for #pLUNA, we believe these tokens to have a "symbiotic" relationship. Neither can thrive, without the other succeeding as well.
2/ Why do we believe this to be case?

#yLUNA and #pLUNA are synthetic components of #LUNA. By splitting ("refracting") LUNA on @prism_protocol a plethora of potential use cases open up for #LUNA and all of its #ecosystem. This is the inherent magic of the @prism_protocol.
Read 9 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!