" Anchor scored a 3"
a 3 out of what? 🙂 10? 5? 3?

  • json replied to this.

    Makes pretty good sense to me

    Isn't the wrapped staked UST called aUST, not aTerra? The risk analysis also says it operates on Ethereum, but it runs on the Terra blockchain. Is there something I'm missing here?

      HackerLaddy I haven't heard of aTerra before either, I'm guessing @json you mean aUST?

      When you deposit into Anchor EARN you receive aUST tokens in exchange for the UST while it's being provided.

      I've tracked the interest earned over the last few months and it's usually somewhere in the low to mid 19% APY range

      • json replied to this.

        this is a no brainer 👍

        Do you plan to bridge back the UST to terra to stake in anchor?
        how will the funds be custodial on the terra blockchain??

        • json replied to this.
        • Ran likes this.

          the ust protocol holds are not much actually..

          only 4m ust, but the collaboration between olympus and anchor is becoming interesting

          • json replied to this.

            HackerLaddy need more detail about the whitelist…
            what is aTerra, how does this work on Ethereum

            • json replied to this.

              Ran That's just how the protocol sees the deposit but it's redeemable for UST at a later date.

                Coud No, keep it on mainnet for now

                Holding UST without staking it on anchor, is like holding OHM and not staking it.. 19+% APY lets go

                json In other words, you're saying it's low risk, correct?

                • json replied to this.

                  json Do you mean that we don't need to bridge the UST to Terra and deposit it Anchor? If not, how is that possible? Can you explain?

                  • json replied to this.

                    No, my question is, if the proposal passes, those UST will be bridged into Terra then deposit it to Anchor Protocol? If so, what is the aTerra for? Thanks!