Thread by @wolf_of_defi

1./ What if all stable coins on #Ethereum will be converted into $UST? Is that bullish? What would this mean for $LUNA?

I think this is possible. The only thing we need is a collaboration between @orion_money and @prism_protocol.

Let me explain what I'm thinking about:

2./ As we all know by now @prism_protocol is planning to split tokens into yield bearing tokens and principal tokens. Also stable coins. We also know @orion_money is giving the best APR's on $DAI, $USDT, $USDC, $FRAX and $BUSD by making use of @anchor_protocol.

3./ Not even to mention the APR's @orion_money will provide when their token $ORION launches.

Behind the scenes those stables are converted to $UST to receive this #APR. But what if we let @prism_protocol join the party?

4./ Now it is possible to split all the $UST into $yUST and $pUST. This $yUST can automatically be staked so the APR's can be guaranteed. Now there is something left: $pUST. This can be deposited in the wallet of the people who deposit their stables into @orion_money.

5./ Several things can be done with this $pUST. One of the things is to use it as collateral. This means you're using your stable coin twice. To get yield and to use it as collateral.

6./ The other thing is to boost the APR. How? Swap your $pUST for another stable and bring it back into @orion_money. Maybe they can even make something which automates this 🤯

7./ So basically @prism_protocol is going to give way more efficiency to all coins. Both for volatile tokens as stable coins. But the real thing is that @orion_money converts all stables into $UST. So what if this happens?

8./ I think @orion_money is already the best place for ERC-20 stable coins but a collaboration with @prism_protocol is going to make it even better.

I truly believe that when this happens the $UST demand explodes and the $LUNA price will go sky high.

9./ In my opinion there is only one question left:

@prism_protocol @orion_money

Wen partnership announcement? 🔥🔥🔥

$ORION $PRISM $LUNA $UST