Bullish on $LUNA? Want more $LUNA?
Here is a mega-𧡠of all the ways I have found to get more LUNA π
The strategies here include:
β’ staking (simple, enhanced)
β’ buying LUNA for cheap
β’ LP farming
β’ arbitrage
β’ leverage
β’ covered calls
Let's get some more moon tokens! π€
Here is a mega-𧡠of all the ways I have found to get more LUNA π
The strategies here include:
β’ staking (simple, enhanced)
β’ buying LUNA for cheap
β’ LP farming
β’ arbitrage
β’ leverage
β’ covered calls
Let's get some more moon tokens! π€
1/
The APR / APY in these strategies fluctuates all the time, so you'll have to monitor them to see what the current yields are.
Some are passive, some are active, some require locking tokens for a little bit, others are more liquid.
The APR / APY in these strategies fluctuates all the time, so you'll have to monitor them to see what the current yields are.
Some are passive, some are active, some require locking tokens for a little bit, others are more liquid.
2/
If you need a primer on the Terra ecosystem, how $LUNA and $UST work, then check out this thread:
If you need a primer on the Terra ecosystem, how $LUNA and $UST work, then check out this thread:
https://twitter.com/shivsakhuja/status/1471231097547603969?s=20
3/
All of these strategies assume you already have a terra station wallet set up with $LUNA in your wallet.
If you do not, check out this guide on how to set up a terra station wallet.
docs.terra.money/Tutorials/Get-β¦
All of these strategies assume you already have a terra station wallet set up with $LUNA in your wallet.
If you do not, check out this guide on how to set up a terra station wallet.
docs.terra.money/Tutorials/Get-β¦
4/
#1. Classic staking
Passive, 8% APR
Undelegating takes ~1 day.
1. Go to station.terra.money/stake
2. Select a validator (high uptime, low commission is best)
3. Click Delegate on the validator page
4. Select amount, and click Submit.
π
#1. Classic staking
Passive, 8% APR
Undelegating takes ~1 day.
1. Go to station.terra.money/stake
2. Select a validator (high uptime, low commission is best)
3. Click Delegate on the validator page
4. Select amount, and click Submit.
π
5/
#2. Staking $bLUNA using Nexus Protocol
8.5% APR, claimed in $PSI tokens.
1. Use @terraswap_io to swap your $LUNA for $bLUNA
2. Go to terra.nexusprotocol.app/vaults
3. Deposit $bLUNA into the bLUNA vault.
4. You will receive $nLUNA which can be redeemed for $bLUNA anytime.
π
#2. Staking $bLUNA using Nexus Protocol
8.5% APR, claimed in $PSI tokens.
1. Use @terraswap_io to swap your $LUNA for $bLUNA
2. Go to terra.nexusprotocol.app/vaults
3. Deposit $bLUNA into the bLUNA vault.
4. You will receive $nLUNA which can be redeemed for $bLUNA anytime.
π
6/
#3. @loop_finance $LUNA - $bLUNA LP Farm
25% APR π (was 45%!)
Rewards in $LOOP tokens after 14 days. Withdraw anytime.
1. Swap 50% of your $LUNA for $bLUNA on @terraswap_io
2. Provide liquidity on dex.loop.markets/pool#provide
3. Stake LP tokens under the "Farm" tab
π
#3. @loop_finance $LUNA - $bLUNA LP Farm
25% APR π (was 45%!)
Rewards in $LOOP tokens after 14 days. Withdraw anytime.
1. Swap 50% of your $LUNA for $bLUNA on @terraswap_io
2. Provide liquidity on dex.loop.markets/pool#provide
3. Stake LP tokens under the "Farm" tab
π
7/
#4. $LUNA - $bLUNA Slow Burn
Arbitrages $bLUNA. If you compound this strategy, APY is ~17% to 65% (earned in LUNA).
I wrote about this one here:
π π₯ ---> π π
#4. $LUNA - $bLUNA Slow Burn
Arbitrages $bLUNA. If you compound this strategy, APY is ~17% to 65% (earned in LUNA).
I wrote about this one here:
https://twitter.com/shivsakhuja/status/1472621429690494976?s=20
π π₯ ---> π π
8/
#5. Buy cheap $LUNA when borrowers are liquidated using @TeamKujira's Orca protocol:
#5. Buy cheap $LUNA when borrowers are liquidated using @TeamKujira's Orca protocol:
https://twitter.com/shivsakhuja/status/1468635649473331206?s=20
9/
#6. Borrow some $ and loop the above Kujira strategy (riskier!)
#6. Borrow some $ and loop the above Kujira strategy (riskier!)
https://twitter.com/shivsakhuja/status/1471613617141260289?s=20
10/
#7. Use @staderlabs to stake $LUNA for $LunaX
~9.22% APY. Autocompounds. Lets you claim Airdrops.
Unstake takes 21-24 days.
1. Visit terra.staderlabs.com/lt-pools
2. Stake $LUNA
3. You will receive $LunaX tokens in it's place.
#7. Use @staderlabs to stake $LUNA for $LunaX
~9.22% APY. Autocompounds. Lets you claim Airdrops.
Unstake takes 21-24 days.
1. Visit terra.staderlabs.com/lt-pools
2. Stake $LUNA
3. You will receive $LunaX tokens in it's place.
11/
#8. Leverage using @anchor_protocol
1. Use @terraswap_io to swap your $LUNA for $bLUNA
2. Deposit $bLUNA as collateral on app.anchorprotocol.com/borrow
3. Borrow $UST (Keep LTV low! < 20%)
4. Buy more $LUNA using $UST
(Remember: Leverage comes with higher risk too! π)
#8. Leverage using @anchor_protocol
1. Use @terraswap_io to swap your $LUNA for $bLUNA
2. Deposit $bLUNA as collateral on app.anchorprotocol.com/borrow
3. Borrow $UST (Keep LTV low! < 20%)
4. Buy more $LUNA using $UST
(Remember: Leverage comes with higher risk too! π)
12/
#9. @Binance offers a locked staking product, where you can deposit your LUNA, and get up to 22% APY.
However, the 10 day locked staking (which has highest APY) has a max limit of only 5 $LUNA. π
1. Go to Binance Earn (binance.com/en/earn)
2. Search for LUNA
3. Stake
#9. @Binance offers a locked staking product, where you can deposit your LUNA, and get up to 22% APY.
However, the 10 day locked staking (which has highest APY) has a max limit of only 5 $LUNA. π
1. Go to Binance Earn (binance.com/en/earn)
2. Search for LUNA
3. Stake
13/
#10 Covered call strategy on @friktion_labs.
Current APY on $LUNA is ~170% APY.
I'm still researching this, and it requires me to share more information than I can fit here.
Like / comment if you're interested in learning more, and I'll make a thread about this!
#10 Covered call strategy on @friktion_labs.
Current APY on $LUNA is ~170% APY.
I'm still researching this, and it requires me to share more information than I can fit here.
Like / comment if you're interested in learning more, and I'll make a thread about this!
14/
#11 Arbitrage strategies between $LUNA / $bLUNA / $nLUNA and $LunaX.
I won't bother explaining it because @CryptoHarry_, a #LUNAtic wizard, has already written this FANTASTIC thread.
This is opportunistic though..
#11 Arbitrage strategies between $LUNA / $bLUNA / $nLUNA and $LunaX.
I won't bother explaining it because @CryptoHarry_, a #LUNAtic wizard, has already written this FANTASTIC thread.
This is opportunistic though..
https://twitter.com/CryptoHarry_/status/1469686840533815296?s=20
15/
If I missed any good strategies for earning yield on $LUNA tokens, then leave a comment...
Always interested in new #DeFi strategies!
If I missed any good strategies for earning yield on $LUNA tokens, then leave a comment...
Always interested in new #DeFi strategies!
16/
Please like / RT / follow if you liked this thread!
I post a 𧡠guide nearly daily covering #crypto and #DeFi strategies, explainers, and concepts.
Here is a mega-thread of my past guides:
Please like / RT / follow if you liked this thread!
I post a 𧡠guide nearly daily covering #crypto and #DeFi strategies, explainers, and concepts.
Here is a mega-thread of my past guides:
https://twitter.com/shivsakhuja/status/1470898910218440708?s=20
17/
Remember, we are still super early to #DeFi.
If you're in DeFi today, you're already ahead of 99.8% of people.
ygmi.
#WAGMI
Remember, we are still super early to #DeFi.
If you're in DeFi today, you're already ahead of 99.8% of people.
ygmi.
#WAGMI
https://twitter.com/shivsakhuja/status/1477328430714671109?s=20
Oops sorry - it's 21 days to undelegate, not 1 day!
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
