1⃣ $LUNA found increased utility as collateral
2⃣ $UST found increased utility as a savings product
3⃣ $LUNA yield increased through either (1) borrowing in Anchor or (2) increased airdrops to LUNA stakers
4⃣ $UST yield increased to ~20%
$PRISM will increase $LUNA's utility by enabling:
1⃣ Yield & principal to be tokenized and traded.
2⃣ Leveraged exposure to yield & principal and no liquidation risk.
3⃣ Converting future yield into any stablecoin or token of your choice
4⃣ $pLUNA & $yLUNA use in other protocols
$PRISM will increase $UST's utility by doing the above to $UST.
Additionally $aUST will become the foundations of the benchmark yield curve for ALL DeFi when $PRISM creates fixed term maturities such as 3m, 6m, 9m and 12m maturities.
$PRISM will increase LUNA's yield!
Users will get all their normal LUNA yield and can:
1⃣ Use their pLUNA to LP and earn liquidity incentives $PRISM + $ASTRO / $LOOP / $OSMO etc..
2⃣ Lend out their pLUNA in protocols such as @mars_protocol
3⃣ Receive $PRISM airdrops
4⃣ ....
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