1./ Yesterday @loop_finance made an announcement of the NFT LP Bond marketplace for @terra_money. But what exactly are we talking about? Let's dive into it!
2./ Before @OlympusDAO created the biggest innovation #DeFi has ever seen, liquidity providing was like chasing green candles. #Aping into pools with a promising >2000%+ APY, until a blink of an eye later it’s down to <20%. If you can’t beat @anchor_protocol, why bother?
3./ Liquidity Providing used to be time-consuming, research intensive & very risky. How often did you get rugged/rekt? And how many protocols didn’t make it, because we kept selling their #shitcoin until not a single mad man was willing to LP for them?
4./ I’m talking pre-@ohmzeus era here. Post-Zeus, liquidity is owned, and tokens are #backed. This week @stablekwon leaked incredible alfa. In $Terra >7 protocols (perhaps even including @OlympusDAO?!?) are building with Protocol Owned Liquidity in mind.
5./ I’d like to zoom into one of these solutions, because IMHO this could take $OHM ‘s vision to another dimension. Let’s talk some #Degen alfa.
6./ @loop_finance is building secured #NFT Bonds. What? Think of bonding $OHM, $Z2O, $EXOD, or $TIME, but instead of “just” getting incredible discounts on tokens, you’re getting them vesting in an #NFT.
7./ If you're thinking, I don't need another JPEG, you should know that this means that you can trade existing bonds which are already vesting. In other words: even your bonds are becoming completely liquid assets now.
9./ And just like $OHM holders are reaping the rewards from #OlympusPro revenues, the fees of #NFT bonds will flow into the pockets of $LOOP holders. Whose early on $LOOP? Well done! I can already smell the #FOHMO.
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1./ You're bullish for @prism_protocol? You should be. If you're wondering what they will bring to #DeFi you should check my previous threads about them. For now, I assume we all know.
2./ The real alpha for @prism_protocol is that they're not only focussing on splitting just $LUNA but all PoS assets. Think about $ATOM, $SOL, $ETH and $DOT. This combined with the fact that $PRISM is the base token in the liquidity pools is mind blowing. Why? I'll explain.
3./ Once a PoS asset is deposited in @prism_protocol the token deposited is the collateral and is used to mint a yield bearing asset and a principal asset. The collateral token doesn't disappear but is staked by the protocol.
1./ I think @staderlabs is not getting the attention it deserves yet. Staking is one of the most important things in crypto but is not capital efficient in most cases. #Stader is going to change that.
2./ Built on #Terra, #Stader is going to disrupt the staking business. They have a lot of things they're planning to do and I'd love to tell you guys everything about it but today I'll be focussing on the thing I'm most excited about: Liquid tokens.
3./ Nowadays most of the times when you stake a token you're done. That's it, the token is staked. Not liquid anymore, but you're earning yield. It's not bad, but it could be better. What if you get a token in return?
1./ We can use the vaults of @ApolloDAO for a while now and in my opinion everything is working fine. Why should we excited for their token? What does it add to the protocol?
A small thread:
2./ In DeFi we're familiar with auto compounders. Their services are great, but why would you want to hold their tokens? Not that much utility most of the times. But not for @ApolloDAO. Their auto compounding is great, but what you really should be excited about is the Warchest.
3./ 99% of the protocol's revenue will be redirected to the Warchest with the other 1% redirected to @angelprotocol. With these funds initially $LUNA, $bETH and $aUST will be bought (future allocation to be decided by the DAO).
1./ I just found out that when you use @prism_protocol and you deposit 1 $LUNA as collateral it is staked behind the scenes. You get $yLUNA and $pLUNA, once you stake your $yLUNA you'll receive the staking rewards of the staked $LUNA...
2./ ... but if you don't stake your $yLUNA the staking rewards will be converted to $PRISM and distributed to $xPRISM stakers.
1./ If you noticed, @prism_protocol just released a sneak peak of their platform and it looks wonderful.
Lately I made some threads about them because I think what they're building is revolutionary and is going to chance the whole #DeFi game.
2./ However, despite my threads not everyone seems to get it yet. And to be honest, I can imagine. It's not easy to understand, but when you get it... I think you're going to be just as bullish as me.
Quote: "PRISM is a revolutionary derivatives protocol that introduces new asset classes in DeFi, allowing
users to manage the risks associated with volatile prices and unstable yields in a simple and
capital-efficient manner...
1./ Now Col-5 has launched it's time to look forward. Let me take you straight to September 2022.
It's been a rough year. All the centralised stable coins suffered from the actions of the regulators, but their was one stable coin they couldn't get their hands on: $UST!
2./ Because of this, combined with the ongoing mainstream adoption of crypto currencies $UST now has a marketcap of more than $USDC, $USDT and $UST combined one year ago. Of course this means $LUNA went parabolic and now is the most wanted asset around
3./ The few other stable coins that are still being used are mostly deposited into @orion_money where also the users of other chains receive an APY of around 20% because @anchor_protocol keeps delivering, helped by @neptune_finance.