ThorSwap is making a killing with Terra LUNA and UST pools

ThorSwap launched about one week ago new Liquidity Pools and as expected the growing cryptocurrencies from Terra landed here through LUNA and UST pools. In the beginning, the liquidity was building up and the APY (%) was still forming, thus it wasn't relevant to consider the values from that time. But I think at this point the returns have started to consolidate and we can see true values that are surpassing any Terra delegation or other protocols.

The first pool established is the one with RUNE and Terra LUNA and the Total Liquidity reached so far stands at an amazing amount of $54.43 Million. The APY of 18.96% is pretty impressive for this amazing cryptocurrency and it might push even higher with the crazy demand for it.

The second pool established is the one between RUNE and UST which is the Terra stablecoin and the Total Liquidity on it stands at a hefty amount of $39.52 Million. At the same time, the APY of 33.09% is above any other protocol that I know of and is appealing to so many investors out there.

With the new Terra LUNA and UST launches on ThorSwap Liquidity Pools the entire ecosystem was energized considering the significant amounts that were added with them. Things moved fast and the established pools already climbed into Top 5 LPs from ThorSwap and could challenge the long-standing pools at the top.

While the Bitcoin and Ethereum pools might lead the LPs from ThorSwap I believe that Terra LUNA and UST could easily surpass BUSD. Seeing things stabilized and with some sweet APYs, I've started the undelegation processes from Terra which takes 21 Days in order to get into some action on ThorSwap. I wonder if you have dived in as well or any other pools...?

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