Stader Labs Profile picture
Mar 12 5 tweets 3 min read
We’re thrilled and excited for the SD Token launch on 15th March.

And, we want to get you ready for it as well!

Here’s everything you need to know…⬇️⬇️
Still have questions about SD tokens?

In the thread below, we’ve covered:

- SD Token value accrual
- How to use your farmed SD Token?
- Stader Tokenomics

Have questions on how you should prepare for TGE and claim your tokens?

We’ve got all the answers in our FAQs doc…⬇️⬇️

staderlabs.notion.site/Stader-TGE-FAQ…
Wondering which CEXs will list $SD on 15th March?

Well, here are the ones that have been already announced:

<@huobiglobal>

huobi.sx/support/en-us/…

<@gate_io>

gate.io/article/25662

<@bitgetglobal>
bitget.zendesk.com/hc/en-us/artic…
And which DEXs will have $SD listed?

On the Terra side, @terraswap_io will support whSD <> xSD and whSD <> UST.

On Ethereum, it will be on @Uniswap.

If you have any more questions, feel free to drop us a message on our TG Group!

t.me/staderlabs

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Stader Labs

Stader Labs Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @staderlabs

Mar 13
Still not sure if $LunaX is for you?

Here's a Beginner's Guide to $LunaX.

By the end of this guide…

You'll be able to squeeze out yield opportunities across Terraverse like a pro.

Let's get started...

🧶⏬ Image
There are plenty of mouth-watering yield opportunities across Terraverse.

And it all starts with staking $LUNA.

However, there's an issue.

Say you have 10 $LUNA and you stake them to earn rewards and airdrops.

The moment you do that, all 10 $LUNA get locked.
What about the other yield opportunities?

You have two options:

Option 1: You acquire more $LUNA to grab those opportunities.

Problem: You need to spend additional fiat.

Option 2: Stake 50% of your $LUNA and use the remaining 50% to exploit another opportunity.

Problem:
Read 13 tweets
Mar 11
Stader's $SD token TGE is right around the corner.

And this is the perfect time to answer a few questions.

Namely:

- How do $SD tokens generate value?
- How can you use your farmed $SD tokens?
- How are $SD tokens distributed? (Tokenomics)

Read on for the answers: 🔽 Image
1. SD Token Value Generation

Stader's source of revenue will be the fees charged as a percentage of your rewards.

What'll be the percentage?

Between 3% - 10% of the rewards based on the type of solution (if elected by governance)

Now, here's a little secret for you:
A portion of these protocol fees will be paid to $SD token stakers.

That's right folks!

You'll soon get to stake your farmed $SD rewards and earn more rewards.

In fact-

Staking $SD tokens is the key to unlocking the 4 ways to utilize them.

Here's how:
Read 8 tweets
Mar 5
The @terra_money's DeFi ecosystem is missing a crucial financial product:

'Options'

Here's why you should care:

- They have the potential to skyrocket your portfolio
- They protect your portfolio from price crashes

So, what are options and how do they work?

#ELI5 🧶 👇
Let's take a publicly-traded stock.

An options contract gives you the right to buy or sell this stock at a specific price.

But you are not obligated to do so.

That means:

You don't have to buy or sell the stock if it's not in your financial interest or advantage.

How?
Here's how it works in practice.

Let's take two people - Alex and Kate.

Alex believes that the share price of company X will increase to $40 per share.

Currently, it's trading at $30 per share.

So this is what Alex does:
Read 15 tweets
Mar 3
4 ways to use Terra's protocols to your advantage!

(Plus a sizzling bonus at the end)

Read on to find out:

🧶👇
1. @anchor_protocol

Anchor is Terra's OG DeFi protocol with the highest TVL across the network - $10.41B.

It allows you to borrow $UST against liquid assets like $bLUNA.

And then deposit the borrowed $UST to earn a massive 20% APY.

No wonder it has such huge TVL.

Next:
2. @EdgeProtocol

Edge allows you to borrow and lend several Terra assets.

You can deposit an asset as collateral and borrow against it.

For example:

Remember the yield you get on your $UST deposits on Anchor?

Well, you earn yield in $aUST tokens.

Now for the fun part:
Read 14 tweets
Mar 3
😵😵 DID YOU KNOW 😵😵

Staking rewards can tell a lot about the @terra_money's present and future performance?

That's because they are related.

Here's how...🧶👇 Image
Staking rewards come from 2 sources:

1. Gas fees from transactions on Terra
2. Swap fees from swapping stables to $LUNA and vice versa

At the end of every block:

Both these fees are distributed to validators and their delegators.

More details here:
docs.terra.money/docs/learn/pro…
So:

Higher transactions and swaps = Higher fees = Higher rewards

In other words:

High staking rewards indicate a thriving economy within Terra.

Where more users are making transactions using $UST and $LUNA.

And this can only be good for the future of Terra.

Because...
Read 5 tweets
Mar 2
Want to maximize returns by speculating/hedging on future price of assets while limiting downside?

@sig_finance could be the answer for @terra_money!

Get set to use your $LunaX to earn premiums while retaining staking yield/airdrops.

Here's everything you need to know...👇 Image
Terra lacks one crucial financial product - Options.

While @mirror_protocol enabled retail crypto users to dive into the world of stocks…

Options are the financial toys of more advanced users.

They have a deep knowledge of leverage and hedging strategies.

The problem?
They are desperately looking for the thrill that options bring.

And to put their knowledge and expertise to good use.

@sig_finance answered their wishes.

Sigma is attempting to bring the exciting world of options to Terra.

The best part?
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(