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Solana Gems 💎 Profile picture
Solana Gems 💎
@AlphaSolana
Sharing the solana projects you've never heard of. The best of #Solana DeFi is right here, for free.
Nov 9, 2024 • 10 tweets • 3 min read
I've been through every Solana @colosseum radar hackathon applications so you don't have to.

...and the DeFi track was full of hidden gems.

Here's my top 7🧵 Image 1/ Neutral Trade • @TradeNeutral

Built by experienced quants & traders, they're offering complex strategies accessible to all.

One of their most popular strategy is SOL super staking allowing you to earn 37% APY on your SOL, built on top of Drift and JLP from Jupiter. Image
Mar 4, 2022 • 6 tweets • 3 min read
💸 Solana Gem #4 : @solunaDAO

Soluna basically allows #Solana users to benefit from the famous 20% APY on UST offered by Anchor on the Terra chain.

What's really interesting is that the APY offered by Soluna will always be higher than 20%. (Currently 24%)

How does it work ? ⤵️ Image First, Soluna has released their stablecoin on #Solana : SolUST

The supply is limited, indeed, you need to bridge 1 UST from Terra in order to get 1 SolUST on Solana.
We can then say that 1 SolUST is pegged by 1 UST.

But what's happening to the UST you've given to Soluna ?