Stader Labs Profile picture
Jan 31 10 tweets 4 min read
#LunaXPossibilities are endless.

Today,let us tell you how the @mirror_protocol integration will be a game changer!

LunaX will be available for you to use on Mirror soon.

Here's the world of possibilities this will open up…
Firstly, it’s a no-brainer to get your hands on #LunaX!

The benefits of LunaX outweigh holding Luna in your wallet by miles.

But, let’s go beyond this today…
And talk about the upcoming @mirror_protocol integration…

With LunaX accessing 'mirrored' versions of real-world assets on top of your staking...

These synthetics provide you exposure to the price of the assets that they represent.

In addition:
With $LunaX, you will be able to access these assets without losing any of your staking benefits.

This means:

- Auto-compounded yield
- Airdrops claiming with 1-click
- Lower slashing risks
- Immediate unlock on DEX
- And much much more

How?
First, stake on Stader and get $LunaX.

Next, head to @mirror_protocol and trade synthetic assets like:

- mAAPL
- mAMD
- mAMZN
- mBTC
- mETH
- mDOT

That's not all...
You can even leverage $LunaX as collateral on Mirror to further mint mAssets.

How amazing is that?

In practice this means:
Not only will you enjoy more staking rewards...

But actually boost your yield with absolutely no extra investment in $LUNA.

Plus:

You will be getting censorship-resistant, ‘mirrored’ versions of real-world assets, too.

Now imagine the following:
With thousands of #LUNAtics being able to boost their staking with LunaX on Mirror...

This will create a compounded demand for mAssets and staking on
@terra_money overall.

Picture what this actually means for the whole ecosystem.

You can also go up one level by…
If that wasn't enough…

Did you know that 25,000 of $SD tokens are up for farming in the Luna <> LunaX LP!

Catch them before they're gone: terra.staderlabs.com/pools

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More from @staderlabs

Feb 1
Want to earn @anchor_protocol's juicy interest on $UST deposits?

But without unstaking your $LUNA or spending fiat to acquire $UST?

Let's explore how $LunaX allows you to do that on @EdgeProtocol...

🧵 👇 Image
Before we do that...

Did you know that #LunaX is coming soon on @anchor_protocol?

Check it out ⏬⏬

Now, time to go from one exciting news to the other:

@EdgeProtocol is launching soon!

And it’s core USP is that it allows anyone to build their own money markets.

In other words...

Anyone can borrow or lend tokens and coins on Edge.
Read 9 tweets
Feb 1
Do you wish to delegate $LUNA with a particular validator?

Say no more.

Here comes 'Stake+' into the picture.

Here's a quick sneak peek into what you'll find on Stake+ ⏬⏬ Image
With Stake+,

You can delegate your $LUNA with your preferred validator.

It can be a community validator you wish to support.

Or a validator that offers airdrops.

It could be anything.

Wait a min!

This mean you can select any validator?

Yes. And, that too very soon.
Validators can leverage Stader's smart contracts to offer our benefits to their own delegators.

Why's this important?

This opens the door for small community validators to offer extra benefits to the stakers.

Such as:

- Content
- Subscriptions
- Airdrops

...and more
Read 4 tweets
Feb 1
How to multiply your $LUNA during uncertain market times.

A.K.A: The safest way to profit without worrying about liquidations, impermanent loss, and volatility while the storm passes by.

🧵🔽 Image
Uncertainty on the market means opportunity, yet also more risk.

How can you outplay the game and enjoy a healthy yield in this hazard?

Simple:

Keep yourself in a "safe yield zone" until the storm passes by.

For example:
Staking is one of those safe zones.

Why?

It’s risk-free of liquidations.

It also delivers a guaranteed yield.

Plus, staking rewards are actually up in these uncertain times.

Yet the most important thing is:
Read 9 tweets
Jan 31
When it comes to derivatives, @terra_money is the king!

There are so many out there…

And Stader’s own $LunaX.

Here’s how can you use them to your advantage...⏬⏬
Firstly...

What are $LUNA derivatives?

Basically, a derivative is a contract whose value is linked to a specific asset.

ForeExample:

$bLuna is a bonded Luna asset.

It’s a liquid staking derivative that automatically converts staking rewards to UST.

It means that...
Every bLuna holder can claim $UST rewards on @anchor_protocol.

It can also be used as collateral.

For example:

You can use $bLuna to borrow $UST against it.

Depending on the leverage, this is an attractive option for those who have a higher risk appetite.

Next:
Read 10 tweets
Jan 30
At > $11B market cap, $UST is the largest decentralized stablecoin by Market Cap.

Unlike stablecoins like $USDT and $USDC, which are backed by collateral, $UST is purely algorithmic.

$LUNA and $UST work together to maintain the $1 peg.

So how does this mechanism work? ⏬⏬
The $LUNA - $UST peg is maintained through an algorithmic incentive mechanism.

At any time, a network participant can do one of 2 things:

- Burn $1 of $LUNA to mint 1 $UST 🔥🌖 --> 💵

- Burn $1 of $UST to redeem 1 $LUNA 🔥💵 --> 🌖
What does this mean?

When $UST > $1, an arbitrageur can burn $1 of $LUNA to mint 1 $UST, then sell the $UST for profit.

When $UST < $1, an arbitrageur can burn 1 $UST to mint $1 of $LUNA, then sell the $LUNA for profit.
Read 13 tweets
Jan 30
⚡️⚡️ SD Tokens Up for Grabs⚡️⚡️

Looking to earn SD Tokens? (Next tweet is 🤯)

Let's tell you 2 WAYS in which you can do it...⏬⏬
#1

There are still 25,000 $SD tokens available to farm on Stader!

EVERY SINGLE DAY!

You’re getting SD Tokens worth $4.5 for FREE.

All you have to do is join the LP Pool to earn the crazy APR: terra.staderlabs.com/lt-pools
What about the amazing benefits of LunaX you’re getting?

Well, we’ll let the facts speak for itself.

On to the next way to earn SD Tokens…
Read 4 tweets

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