1./ $LUNA is one of the best yielding assets. I honestly don't care about the price. I take profit from the yield I make. Not from selling $LUNA. Partially compounding, partially cashing. $LUNA is my life time passive income.
A thread on how to make $LUNA yield 🧵
2./ In the past year many protocols launched on @terra_money. For almost all projects $LUNA and $UST are the most important assets and especially for $LUNA many of them made a derivative. We have $nLUNA, $bLUNA, $LUNAx and so on... I'll try to cover all of them one by one.
3./ First: $bLUNA
$bLUNA was the first $LUNA use case and still is very popular. Bond your $LUNA, receive $bLUNA use it as collateral and borrow $UST. With this $UST you can do whatever you want. All of this is made possible by @anchor_protocol
4./ So now you have $UST in your wallet which you can use to make yield. However, you should be careful. Once the $LUNA price goes down, so does the value of your collateral. If you didn't manage your LTV well, you might get liquidated and lose (part of) your collateral.
If you don't want to manage your LTV yourself, @NexusProtocol might be exactly what you're looking for. Bond your $LUNA on @anchor_protocol, receive $bLUNA, deposit your $bLUNA on @NexusProtocol and let them to the work.
6./ @NexusProtocol automatically manage the TVL and prevents you from being liquidated. The only thing you'll give up is the free choice to do whatever you want with your $UST.
7./ @NexusProtocol deposits the borrowed $UST in Anchor Earn to make sure they can act quickly when price is moving fast.
Currently depositing your $bLUNA in @NexusProtocol gives you an #APR of 11.5%
8./ Once you do this, you'll receive $nLUNA which you pool with @NexusProtocol's token $PSI. This will give you an additional #APR of 97% at the moment.
9./ Providing liquidity is another interesting option to make your $LUNA yield. An important note here is that you should be aware of what impermanent loss is. If you don't know this yet, there is a lot of info available on this subject.
10./ There are many places to provide liquidity and then there are many pairs you can choose from. For this thread I'll focus on the pairs with two kinds of $LUNA and the $LUNA / $UST pairs.
You can choose to stake your $LUNA in #Terrastation, but I prefer to use @staderlabs. They give you several different options to stake.
17./ The best thing they do in my opinion is auto compounding so you don't have to take care of your rewards yourself. Saves you a lot of time and transaction costs.
18./ Next to that, you can choose for a validator pool that contributes most to the community, a validator pool with the best performing validators or a validator pool with the best #Airdrops. Average #APR is around 8.70%
19./ Another thing you can do at @staderlabs is liquid staking. Stake your $LUNA and receive $LUNAx. By doing this you receive rewards on your staked $LUNA but you can use your $LUNAx at the same time as collateral on @mirror_protocol or to provide liquidity.
20./ Because of this capital efficiency you are earning even more rewards. Currently, because their $SD token farming event is going on you can farm $SD tokens by providing $LUNA / $LUNAx liquidity which can give you great returns when their token goes live.
21./ Last thing I want to tell you guys about is @prism_protocol. In my opinion, @prism_protocol is something for the experiences #Defi degens, but there is an almost no-risk strategy to gain a very interesting #APR at the moment.
22./ Currently the #PRISM farm is ongoing. You can earn $PRISM tokens by staking your $yLUNA. How do you do this?
23./ At @prism_protocol you can split your $LUNA into $yLUNA and $pLUNA. If you want to have your $LUNA back, you'll just have to merge your $yLUNA and $pLUNA. Nothing too complicated.
24./ To participate in the @prism_protocol farm, you'll just have to stake your $yLUNA which will give you an #APR of 43.57%.
Note; because this is the #APR over your $yLUNA the net #APR for your $LUNA is a bit lower, but still very interesting.
25./ If you'll just keep your $pLUNA in your wallet, you can always unstake your $yLUNA and get your $LUNA back. No risk involved of losing anything.
26./ So that's how I make my $LUNA yield. I probably forgot a lot of strategies. There are also probably a lot of strategies I am not even aware of.
What I wanted to make clear; I don't think selling $LUNA is needed to generate profit. This is how I do it.
1./ Passive income is everyone's dream. And it's way easier than most of you think.
Let's have a look at @Stablzone and how they make you earn money on your stablecoins.
2./ @Stablzone is a protocol focussed on making your stablecoins yield.
In the previous bull run, @anchor_protocol was among the most popular projects and reached the top 100. This was mainly because of the 19.5% yield people could get on their $UST.
3./ Unfortunately the @terra_money ecosystem collapsed, marking the end of @anchor_protocol as well. But where protocols die, others see opportunity.
1./ The introduction of smart contracts on the @Aleph__Zero blockchain is a huge milestone.
But why is it so important and how does it lead to more value for $AZERO?
Let's have a look 👀🧵
2./ The @Aleph__Zero blockchain is unique in its sort. Not only does the team claim to have solved the blockchain trilemma, but transactions on the blockchain are also private.
3./ And privacy is much needed. Do you expect big companies to ever use the blockchain if everyone can see their transactions? I don't think so.