Thread by @SmartStake

1/5) - Terrans - wondering whether to keep staking in your $Luna or you should use liquid staking to borrow $UST?

here is an earnings comparison:
1 - Luna staking
- $Luna + stablecoin rewards - 5-10%
- $ANC airdrop - 5-6%
- $MIR airdrop - 2%

@anchor_protocol

2/5) - Future genesis airdrops - $ANC airdrop gave 7% in one day by $ value - future launches may not match in airdrop value
- Risk - risk free staking

2 - Luna liquid staking - provide $luna as collateral (locked for 21 days like Luna staking). borrow $UST against collateral

3/5) - net borrow apy ($ANC farming) - 330%+
- net APR far outweighs standard rewards
- no staking rewards & no weekly or genesis airdrops
- Risk - liquidation risk of bLuna if Luna price drops
- you wont be staking with smart stake anymore 🤣

Conclusion:
- no easy choice

4/5) -
- Go for Liquid Staking - if you fancy some risk, you can get lot of APY. Luna price being x factor
- Go for regular Staking - if you want risk free rewards & get small little portions of $ANC, $MIR & genesis/weekly airdrops from future launches. Airdrops being x factor.

5/5) - May be you can go 50:50

BTW: you can also do lots of things with the borrowed $UST leading to further returns with liquid staking borrowed $UST

What is your strategy?