Hi @Fluffy_trex , in regards to your question of what will Prism bring to Terra2 other than cLUNA/LUNA in Astroport, is utility. As mentioned in the previous Prism articles, Prism will be bringing in fixed term maturities p/yLUNA, and this in itself builds up utility for cLUNA without the need to depend on lending or stablecoin protocols to create utility for it.
In my opinion, fixed maturities have far higher utility over the lending/stablecoin protocols in the bear market, as you’ll be able to use them as a hedge, unlocking equity in L1 holdings, or accessing future yield at a discount. These are just some of the example use cases, and these creates a large utility for cLUNA from the get-go without depending on other protocols. These utilities will benefit heavily the Astroport trading volumes as the utility grows.
With regards to your comment on bLUNA, theoretically, you could say that bLUNA has dual incentives since 70% of the bLUNA performance fees are routed to the LP, and 30% are retained and given to Skeleton Punks (holders of 3 or more Skeleton Punks). I did some calculation in the previous post for that, and it wouldn’t attract much liquidity due to its low fee structure.