$LUNA Has Hit Another ATH: Here Are The LUNA Derivatives That You Need To Be Familiar With 👇
1/12 In the past few months, $LUNA has been on quite the run. The most memorable period was during the #crypto market crash on the first weekend of December. While other coins were tanking hard, $LUNA not only survived it but went on to make a new high.
2/12 as #LUNAtics, we know that $LUNA is but the base form of the @terra_money blockchain’s native token. Just like how Eevee, a Pokemon, can evolve into many different versions of itself, LUNA has many other derivations (versions) of itself.
Though @OlympusDAO's team is mostly anonymous, it is the brainchild of Zeus, who ideals for it to become the #decentralized reserve currency of the #cryptocurrency space.
2/15 Instead of pegging their value to a #FIAT currency, @OlympusDAO seeks to back each of their native tokens $OHM through a basket of #cryptocurrency assets much like a centralized bank.
Here’s The Full List Of Yield Farms On The Solana Network And The Top 3 To Look Out For 👇
1/13 One of the top ways to earn passive income on your idle #cryptocurrency is to supply them into liquidity pools and earn yields from these #liquiditypools.
Here’s a simple illustration from @Uniswap on how liquidity pool works:
2/13 Here’s a list of #liquiditypool providers or yield farms where you can supply your cryptocurrency into @solana, in order to generate returns on your digital assets.
Released in August 2021 and is the number one NFT collection listed on @SolanartNFT. The 10,000 apes that were available for mint were sold out in eight minutes.
Kujira is formed by a team of finance, blockchain and software development experts, targeting areas of DeFi which are usually only available for those only with access to bots or large amounts of capital. @cryptoslang1@c0ffeeholicz@deadrightdove@codehans1
2/11 The project has multiple dAPPS like
- BLUE (staking and governance), and
- Beluga (allows sending of tokens to multiple addresses in a single transaction)
However, it is most often associated with Orca, which allows users to participate in liquidations.