Discover and read the best of Twitter Threads about #yLUNA

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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 πŸ‘€

That is, if you know what to do πŸ’‘

A quick 🧡 on how to maximize your #LUNA #ROI on @prism_protocol πŸ”₯
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!)
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.
Read 8 tweets
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 theπŸŒ•! #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

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