The new #Lumenswap milestone set for Q4 2023 explained in a short 🧵 ...

👷🏻‍♂️Build a Collateralised Debt Position lending system also known as CDP.

1. What is a CDP

2. What are the benefits.

3. What this could mean for the LSP token if integrated. #DeFi #XLM

🧵 👇🏻 2/ CDP lending systems have been around the crypto space for a very long time.

They allow you to 'put up' a chosen asset as collateral, whilst minting you a stablecoin in return

When you pay back your loan, you can get your collateral back. 🧵👇🏻

Quick Stellar Thread🧵 👇

⭐️ Lumenswap rewards

There are 4 types of Lumenswap rewards; they can be obtained in different ways.

• Holders Reward
• LP Reward
• Bridge's LP rewards
• Auction Airdrop

🧵 1/5 $XLM Holders Reward can be earned in two ways.

1. Hold over 10,000 LSP in a native Stellar wallet.

2. Provide over 10,000 LSP in a $XLM-LSP or USDC-LSP liquidity pool.

👀 out. Impermanent loss could leave you with less than 10,000 LSP ( so add extra)

🧵 2/5

Here's a quick thread🧵 👇 on Lumenswap rewards

There are 3 types of #Lumenswap rewards; they can be obtained in different ways.

• Holders Reward
• LP Reward
• Auction Airdrop

🧵1/4 $XLM Holders Reward can be earned in two ways.

1. Hold over 10,000 LSP in your native wallet.

2. Provide over 10,000 LSP in the XLM-LSP or USDC-LSP pools. Watch out for impermanent loss, a rebalancing of your liquidity could leave you with less than 10,000 LSP. 🧵 2/4