9 Tweets 2 reads Mar 03, 2022
I get it. You don't stake $MINE cause you missed some pylon swaps.
But there is so much coming:
1. Principal-protected payments
2. Pylon Harbour
3. Cross-chain/new assets
4. @prism_protocol integration
5. Projects and NFTs
6. Governance
7. Airdrops
$MINE @pylon_protocol 🧡
I don't think Terra newcomers realise @pylon_protocol isn't just a launchpad.
Okay, well in that case, you're probably asking yourself what it really is? The simple answer is a yield redirection protocol. Here are some of the things you should be ready for!
1. Principal-protected payments:
This is @pylon_protocol's most obvious product. Users will be able to use subscription at essentially no cost. Users will simply deposit $UST into a smart-contract, and they'll receive the service they're requesting (Netflix, News, even rent).
2. Pylon Harbour:
This product will allow users to redirect yields to purchase already listed assets such as $LUNA. This will be similar to Dollar-Cost-Averaging (DCA), but principal protected.
3. Cross-chain/new assets:
Going cross-chain will allow projects on other chains to raise funds through @pylon_protocol's unique product, pylon pools.
It will also mean new yield-bearing assets available to deposit.
4. @prism_protocol integration
If you don't know Prism, I highly recommend looking into them. They make it possible to split yield-bearing assets into their corresponding yield token (YT) and principal token (PT).
This integration will allow users to deposit just the YT into Pylon, while still holding onto their PT, hence increasing capital efficiency.
Users could buy just the YT and deposit alot more into Pylon, or they could use their PT elsewhere.
6. Governance will be implemented today
7. Airdrops coming out this week

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