Valkyrie Protocol offering up to 2400% APR
Today Valkyrie Protocol launched in Terra blockchain.
It is a dApp offered to help other protocols launch effectively in Terra blockchain compensating user participation and content sharing.
They released an airdrop to users staking Luna or ANC in the blockchain today. Token price had some initial volatility and now seems to be stable around 2 UST
So, if you have some Luna or ANC (Anchor Protocol) staked you can head over their site and claim your Valkyrie tokens, if you do not want to do anything with them, the site offers you to trade them for UST. But if you wish to interact with the protocol you have two options. The first one is just to stake the tokens for an actual 622% APR, the other is to offer some liquidity adding the equivalent quantity in UST, and get an actual 2417% APR.
If you do not have any LUNA staked you can still get some at an exchange or bridge some UST from Binance or Ethereum and interact with the protocol. Those high APRs will not last long but even if they decrease fast, it is still such an amazing rate, so you may be able to catch some nice profits.
You can check their site and documentation in these links
Valkyrie Protocol Site
Valkyrie Docs
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