Thread by @staderlabs

Want to get more out of $LunaX?

Here are 2 intermediate leveraging strategies with $LunaX.

Ignore it at your own peril.

🧶⏬

Strategy #1:

Step 1: Mint $LunaX by staking $LUNA with Stader. (terra.staderlabs.com/lt-pools)

Step 2: Borrow $UST against $LunaX on @EdgeProtocol.

Step 3: Deposit the borrowed $UST on @anchor_protocol to earn a hefty 20% APY in $aUST.

Next:

@EdgeProtocol @anchor_protocol Step 4: Borrow mAssets on @mirror_protocol against your $aUST earnings.

Step 5: Long or short farm the borrowed mAssets to earn $MIR rewards.

Step 6: Borrow $UST against your $MIR rewards on Edge and repeat from step 3.

Or borrow more mAssets against $MIR and repeat step 5.

@EdgeProtocol @anchor_protocol @mirror_protocol Strategy #2:

Step 1: Mint $LunaX by staking $LUNA with Stader. (terra.staderlabs.com/lt-pools)

Step 2: Borrow mAssets against $LunaX on Mirror.

Step 3: Long/short farm borrowed mAssets on Mirror to earn $MIR rewards.

Step 4: Borrow $UST against $MIR rewards on Edge.

Next:

@EdgeProtocol @anchor_protocol @mirror_protocol Step 5: Deposit the borrowed $UST on Anchor to 20% APY in $aUST.

Step 6: Borrow mAssets against $aUST on Mirror and repeat from step 3.

Important points to remember:

- $LunaX is the key to unlocking these two strategies
- Be mindful of the risks of leverage

Happy earning!