Thread by @staderlabs

$LunaX unlocks a number of profitable opportunities.

But that presents a serious challenge...

How do you decide which opportunity to pursue?
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INTRODUCING 'Degen Vaults'

The secret to radically simplify this decision-making.

Here's how: 🧵👇

blog.staderlabs.com/unleash-the-po…

Degen Vault is a smart contract that takes your $LunaX deposits...

And deploys it across profitable DeFi protocols...

To generate additional yield opportunities for you.

This means:

You don't have to go on an expedition to discover the optimal strategy to use $LunaX.

Degen Vault has the authority to do it for you.

How does Stader's Degen Vault identify these DeFi protocols?

INTRODUCING 'Degen Strategists'

The geniuses behind Stader's Degen Vaults.

Stader's Degen Vaults are powered by @terra_money's own Degen Strategists.

They are tasked with:

- Designing the strategy for each vault
- Being responsible for the outcome of their strategies

What does the Degen Strategist earn in return?

Based on the vaults' APY...

Stader shares a portion of that revenue with the Degen strategist.

How do these strategies look?

Let's take a practical example:

a. Borrow 3,000 $UST against 100 $LunaX.

b. Deposit the first 1,000 $UST on @anchor_protocol

Next:

c. Mint mAssets using the $aUST earned in the previous step

d. Buy $LUNA with the next 1000 $UST

e. Provide that $LUNA plus the remaining 1000 $UST in $LUNA <> $UST LP

Do you see?

In one shot, you are generating yield and revenues from 3 sources:

- Anchor yields
- mAsset price appreciation/ farming
- LP Fees

While this is extremely helpful...

Do Degen Strategists benefit the Terra ecosystem?

Absolutely!

Here's how:

1. They enable synergies across the Terra ecosystem by...

By deploying and spreading $LunaX deposits across several Terra protocols.

2. Unlock additional yield opportunities for over 16K #LUNAtics who hold $LunaX.

3. Drive innovation by constantly testing and building new strategies that benefit the #Lunatics community.

Finally:

Degen strategies are here to increase your earnings...

While simultaneously making your life a hell lot easier.

We're looking for smart and innovative Degen Strategists.

If you wanna be part of the degen yields revolution on Terra with Stader...

Here's what you gotta do:

Click on the link to apply: forms.gle/EDgGprQ35uNGyr…

(And our team will get back to you with the next steps)