It’s a really rough day for crypto.
The biggest difference between 2018 and what is happening today?
Nobody is questioning crypto’s survival. The industry will come back stronger. It always does.
Stay safe through the storm 🙌
DeFi advice:
-Set up wallets with different networks
-Buy a hardware wallet
-Learn to bridge
-Use burner wallets for new protocols & NFT's
-Impermanent loss calculator: dailydefi.org/tools/imperman…
-Track your DeFi on Apeboard/Debank/Zapper
-APR to APY calc: aprtoapy.com
$LUNA game plan:
1) Stake it at Prism & get cLUNA
2) Divide cLUNA into pLUNA & yLUNA
3) Borrow $UST with yLUNA
4) Deposit $UST into Anchor to get 20%
5) Use aUST from Anchor & go to Kinetic/Mars to boost your Anchor to 40%
6) Use pLUNA in Mirror --> Terra Degen Yield Strategy
Are you confused about $time transitioning to $wMemo?
Don't be - I wrote a guide for you.
• What is wMemo
• The BENEFITS
• Why @danielesesta wants us to Wrap it
• How to TRACK your rebases
• WHEN can you stake your wMemo for revenue share
This 🧵 will answer everything