Thread by @staderlabs

Wanna know 3 reasons why $LunaX is way more profitable than holding $LUNA?

🧵👇

Say you have 1 $LUNA.

You could stake them and earn rewards and airdrops.

Or, deposit them in an LP and earn LP fees,

Or, collateralize them to borrow other assets like $UST or mAssets.

But you can't do all these simultaneously.

Plus...

Even if you divide your $LUNA into smaller portions between the three avenues,

You'll leave gains on the table.

The solution?

Enter $LunaX.

Here are 3 reasons why $LunaX is way more profitable than holding $LUNA:

Reason #1: Supercharged $LUNA

By staking $LUNA and minting $LunaX...

You practically supercharge your staked $LUNA.

This means:

You earn rewards and airdrops...

While allowing your $LunaX tokens to explore a world of profitable opportunities.

The best part?

You don't even have to spend fiat to acquire new $LUNA tokens.

Holding $LunaX is as good as holding LUNA...

In fact, it's better than holding LUNA.

Here's the 2nd reason why:

Reason #2: Flexibility

You can leverage $LunaX to borrow more LUNA,

Come back to Stader, stake them and:

- Earn more rewards and airdrops
- Mint more $LunaX

You can use these additional $LunaX tokens to repeat the process.

That's not all.

You could collateralize $LunaX to borrow other assets too, like $UST or mAssets.

How does it boost your gains?

Well,

You can deposit $UST in Anchor and earn a juicy 19.54% APY.

Or, stake mAssets to earn mouth-watering yields.

You know what?

There's yet another opportunity you can grab.

Instead of staking borrowed assets,

You can short them and participate in the thrill of price action.

In other words:

The possibilities and opportunities to take your gains to the moon are endless.

The best part?

Your original staked $LUNA continues to earn rewards and airdrops...

While you explore these opportunities using $LunaX.

It's almost like LunaX is LUNA on steroids.

And this takes us to the 3rd reason:

Reason #3: Instant Liquidity

Once you stake $LUNA...

You must wait for 21 days to unstake it and get it in your hands.

But with $LunaX,

You could escape it.

$LunaX is a synthetic token that represents your stake.

So...

If you have 100 $LUNA staked,

100 $LunaX represents each of those staked LUNA.

This means:

You could transfer those 100 $LunaX tokens,

And all 100 of your staked $LUNA gets transferred too.

The best part?

Your staked $LUNA doesn't get unstaked.

So, you aren't breaking any rule.

The LUNA stays staked.

Only the ownership changes.

Whether you sell your $LunaX tokens or swap them for other tokens,

You don't have to wait for 21 days to make it happen.

Interesting?

Minting $LunaX is very simple.

You simply stake your $LUNA with Stader's Liquid staking, and mint $LunaX in return.

And immediately...

You can explore all these opportunities we talked about.

So, what are you waiting for?

Mint $LunaX: terra.staderlabs.com/lt-pools