Thread by @pLUNADAO

Up until now we have only been seeing moderate gains for #PRISM and its liquid staking token #xPRISM.

A quick 🧵 on why #PRISM will be the next #terraluna #altcoin to break out soon and fly towards the🌕! #Moonshot #LUNAtics

1/ @prism_protocol's innovative approach of allowing users to split ("refract") their #LUNA tokens into #pLUNA and #yLUNA lies at the core of the protocol.

For this service, a portion of yield derived through the protocol goes towards #PRISM stakers, i.e. #xPRISM #hodlers.

2/ While all of the juicy details can be found @ prismprotocol.notion.site, the gist of it is as follows:

By holding #PRISM and staking it for the auto-compunding #xPRISM token, you effectively become a shareholder of @prism_protocol's income stream.

3/ A big part of this income currently comes from #yLUNA yields (10 % of staked #yLUNA yield and all of the yield of tokens in #LPs). Considering the ever-increasing TVL on @prism_protocol, this income alone will lead to a hefty price increase #soon.

4/ A still hugely overlooked fact: In the not-so-distant future, @prism_protocol will allow for refraction of more and more #crypto #assets, effectively multiplying income streams to #xPRISM holders.

Against this background, there is only one way we see #xPRISM heading: 🌕

5/ Oh, did we mention #xPRISM is trading at only around 10 % above the recent ICO?

Don't miss the inevitable #rocket to the 🌕. Join the #pLUNADAO, load up on #xPRISM and start #refracting on @prism_protocol!

#LUNAtics #cryptocurrency