Stader Labs Profile picture
Mar 19 5 tweets 2 min read
Hey #LUNAtics,

We are thrilled that close to 70% of all claimed $whSD tokens are now staked, yielding 25%+ APY.

Still unsure whether to stake your $SD tokens?

Here are...

4 reasons why staking $SD tokens is in your best interests: 👇
Reason #1: Earn exciting rewards

By staking $SD tokens you can earn a portion of our protocol fees.

So while you are earning $LUNA staking rewards and leveraging $LunaX to create additional yield sources...

$SD staking creates yet another source of passive income.

Next:
Reason #2: Have a say in Stader's future

When you stake $SD tokens, you mint $xSD tokens in return.

These $xSD tokens grant you governance rights.

That means:

You get to vote on all proposals when governance goes live

Next:
Reason #3: Support your favorite validator

In v2, holding $xSD tokens allow you to support your favorite validators by staking on their behalf.

Plus:

Validators that stake $xSD tokens receive preferential delegations.

And can provide insurance to their delegators.
Finally...

We had the most amazing $SD token launch.

If you haven't claimed your $SD tokens yet, you can do it here:

staderlabs.com

And to stake your $SD tokens, follow this link:

terra.staderlabs.com/sd-staking

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More from @staderlabs

Mar 19
The @terra_money's DeFi ecosystem is missing a key financial product:

'Options'

Here's why you should care:

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

So, what are options and how do they work?

#ExplainLikeIm5 🧶 👇
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 18
Staking can be quite profitable and fun.

However, there are 3 challenges that could crush the entire staking ecosystem...

And with it your staked assets as well.

Here are the 3 challenges plaguing the staking ecosystem...

And how to cure them.

🧶⏬
Challenge #1: The threat of centralization

While validators are the fuel that keeps a PoS chain running...

The threat of a few validators joining hands to derail a network always lurks in the shadows.

This leads to a potential risk of centralization.

The cure?
Encourage stakers to spread their stake across multiple validators.

That way, individual validators have fewer assets under their control.

Thus making it difficult for a few of them to join hands and command 51% or more voting power.

However, this poses another challenge.
Read 17 tweets
Mar 17
Dear #LUNAtics

In just 4 short months:

Stader has experienced supersonic growth.

How do we know that?

These numbers told us so: ⏬ Image
Our community is already over 50K strong.

And during this time our TVL has shot up more than 2x.

Over 8.6M $LUNA is staked in Stader and 30K+ wallets are using the
protocol.

So, what's spurred users to adopt Stader this rapidly?
Our north star was always to evolve, striving to be more accessible, profitable for everyone.

To that end, we launched 3 staking products since Nov'21:

- Stake Pools
- Liquid Staking
- Stake+

And a fourth - Degen Vaults - which will launch very soon.

There's more.
Read 12 tweets
Mar 17
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.
Read 5 tweets
Mar 16
Looking to move your $SD tokens from Ethereum to Terra?

Here's the ultimate guide to moving $SD tokens between the networks using @wormholecrypto.

🧶⏬
@wormholecrypto How to move $SD tokens from Ethereum to Terra?

Step 1: Select Ethereum as a source and connect your wallet
@wormholecrypto Step 2: Select Terra as Target
Read 6 tweets
Mar 16
Answers to the Top 5 FAQ from our Stader community:

- Is $SD staking live?
- How to move $SD tokens between Ethereum and Terra?
- Which liquidity pools are available for $SD token holders?
- What's the APY for $SD staking?
- How do I claim my $SD tokens?

Let's go: 🧶⏬
Q1. Is $SD staking live?

A. Yes!

For CW-20 tokens, you can start staking $whSD tokens here:

terra.staderlabs.com/sd-staking

And for ERC-20 tokens, you can stake via the above link only after moving your $SD tokens from Ethereum to Terra.

How to do that?

Answered in Q2.
Q2. How to move $SD tokens between Ethereum and Terra?

A. Just follow this link to view the step-by-step guide to moving $SD tokens between Ethereum and Terra:

notion.so/staderlabs/Sta…
Read 8 tweets

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