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

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More from @wolf_of_defi

17 Sep
1./ I think everyone has been in doubt at least once whether they should provide liquidity or stake their precious $LUNA. But what if you can do both?

Let's talk about @prism_protocol again.
2./ As you should know by know at @prism_protocol you can split your $LUNA into $yLUNA, the yield bearing token, and $pLuna, the principal token.

Staking $yLuna at Prism gives you all the airdrops and staking rewards you'd have had when staking your standard $LUNA token.
3./ Great. So let's stake $yLUNA. Now we've $pLUNA left. What can we do?

The most easy thing to do is provide liquidity in the $pLUNA - $PRISM pool. You'll receive liquidity incentives and AMM fees as a result.
Read 8 tweets
14 Sep
1./ "When best of two worlds merge, the power won't be accumulated but it will be multiplied"

Columbus-5 will connect Terra to IBC. What this is gonna do is beyond imagination.

A quick thread:
2./ Once the Columbus-5 upgrade is finalised, $UST will be the first stable coin on @osmosiszone. Till now it still isn't possible to pool your assets against a stable coin. This means when you just want to have $Atom or $Osmo you need to have another volatile asset to pool.
3./ A stablecoin to pool against will give a lot more opportunities than there are now. Because of this, the demand for $UST will explode. We all know what that means.
Read 9 tweets
13 Sep
#PRISM #PRISM #PRISM

1./ This project is going to be a killer. Leverage long without liquidation risk? Check my previous tweet about this:

But this is just the beginning. Let's talk about the $Prism token:
2./ Like many tokens, the $Prism token will be used for governance. Also, once staked, users will receive fees earned by the protocol. But this isn't the amazing part. If you love @THORChain, you'll fall in love with $Prism instantly.
3./ At @prism_protocol you can deposit your $Luna and split this in $yLuna and $pLuna. Once you did this, you deposit those tokens in liquidity pools so people can trade them. And every liquidity pool has as base asset... $Prism. Amazing!
Read 8 tweets

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