Mr Refractor Profile picture
Building @Pryzm_Zone | TradFi ➡ DeFi | Goldman Sachs & JPMorgan alum
Oct 18, 2021 5 tweets 2 min read
When #LUNAtics are looking at new protocols on @terra_money what are the fundamental drivers of value to the ecosystem?

Will these protocols:
1⃣ Increase $LUNA utility?
2⃣ Increase $UST utility?
3⃣ Increase $LUNA's yield?
4⃣ Increase $UST yield?

🧵below @anchor_protocol was the holy grail:

1⃣ $LUNA found increased utility as collateral
2⃣ $UST found increased utility as a savings product
3⃣ $LUNA yield increased through either (1) borrowing in Anchor or (2) increased airdrops to LUNA stakers
4⃣ $UST yield increased to ~20%