Luna Yield can be described as a one-stop cross-chain DeFi solution that aims at bringing better DeFi performance and experience to the end-users. Its products focus on delivering performance, security, and user experience to the DeFi space.
Luna Yield was originally built on the Solana blockchain due to the speed and reduced costs that it promises. However, with time Luna Yield has now incorporated other chains such as Polygon, Ethereum, and Polygon Binance Smart Chain on top of Solana and benefit from the features that every chain provides. Luna Yield is open source and fully decentralized to help end-users leverage on profits while using decentralized finance across different platforms.
Luna Yield focuses on two primary objects
To provide vaults that are sustainable and safe for Yield Farmers. The vaults are audited by reputable firms in the industry and have been rated highly. The vaults also feature the most secure pools and pairs that will benefit farmers in the long run.
Make yield farming experience smooth and easy. The project provides auto compounding yield, which comes at empirical optimal intervals. Luna Yield also saves on time and gas cost and thus brings increased profits compared to other yield-farming platforms in the market.
What are the Luna Yield core products?
Luna Yield offers multiple-chain farming with the following additional features:
- Moon Launch: A decentralized launching platform that helps blockchain projects raise money on various blockchain platforms. Moon Launch is a cross-chain decentralized launchpad and token sale platform that works on Binance Smart Chain, Solana, and Polygon.
- Luna Swap: This is a native Solana and Binance Smart Chain Swapping protocol that allows users to exchange different currencies. decentralized exchange (DEX) aggregator that works on multiple chains including Solana, Binance Smart Chain, and soon Polygon
- Luna Bridge: It is a set of cross-chain bridges that help users transfer assets and tokens from one blockchain to another. It also acts as Blockchain-as-a-Service (BaaS) to enable the availability or hosting of different projects on multiple blockchains at the same time.
- Luna Vaults: It is a product that allows users to utilize compound interest on single crypto assets or LP tokens through Yield Optimizer vaults. The Luna Vaults maximize user rewards from different liquidity pools automatically.
- Small initial market cap – $400k
- IDOs can directly launch on the platform.
- A Team with high experience. Most products are already available for testing.
- Cross-chain support: Solana, BSC, and Polygon.
- Limited supply with burn and buyback mechanism.
- Listing date: July/early August
Luna Yield Tokenomics – The LUNY Token
The native utility token of the Luna Yield ecosystem is $LUNY, specifically designed to become the heart of the ecosystem and its functions. By owning $LUNY, users can access a variety of products inside our ecosystem and, in the future, govern it. By enabling the following primary utilities, $LUNY will establish strong intrinsic value and maintain demand, the long run by serving the following primary functions:
- $LUNY acts as the base currency, powering the whole Luna Yield ecosystem. This includes Luna Vaults rewards, Luna Swap fees, Luna Bridge fees, and requirements for participation in Moon Launch.
- As a multi-chain project, the Luna Yield team believes that $LUNY shouldn’t be limited to a single chain. That is the reason why $LUNY will be the first token on Luna Bridge, and users will be able to easily transfer $LUNY from one chain to another.
- While the platform has started out centralized, the Luna Yield team believes in its decentralized future and will later move into a DAO. By that time, $LUNY holders will have a say in in all of Luna’s products
- As a strategy to maintain demand in the long run, $LUNY will have a deflationary mechanism, up to the point of the total supply being reduced to 30,000 $LUNY. The deflationary mechanism will occur during the operation of Luna Vaults, Luna Swap, Luna Bridge and Moon Launch.
- Token Name: Luna Yield
- Token Ticker: LUNY
- Blockchain: Solana Chain
- Token Standard: SPL
- Total Supply: 100,000
- Token Program on Solana: 7a4cXVvVT7kF6hS5q5LDqtzWfHfys4a9PoK6pf87RKwf
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