UST

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UST 2.0 – Not what you think

28 Apr 2022 7 minute read 0 comments Bit Brain

Introduction There are different types of stablecoins. Some are collateralised by a fiat currency (e.g. USDT), some are linked to a basket of fiat currencies (e.g. that Facebook abomination coin), some are linked to a fiat currency and are collater...

Bitcoin's Moves, Ethereum's Gains, and Do Kwon's Thoughts on Stablecoins

25 Apr 2022 3 minute read 4 comments Allen Taylor

While everyone is talking about the recent dip in the crypto market, the Central African Republic has adopted bitcoin as legal tender. El Salvador became the first country to do so in September last year. Bitcoin’s hashrate has hit an all-time high—a...

Short cryptonews for this week 16/52 (2022)

23 Apr 2022 1 minute read 0 comments Pasucaru

- Bitcoin ran into resistance at $42,000 this week and falls again ... - Stablecoin capitalization surpassed $200 billion, with UST's market cap exceeding $17.5 billion, puts the asset ahead of BUSD and in third place in the stablecoin rankings. - Bi...

UST Runs Around BUSD, Overtakes Third in Stablecoin Rankings

18 Apr 2022 3 minute read 4 comments Allen Taylor

Ethereum and Bitcoin miners are still making profits in today’s environment thanks to all-time high hash rates on both blockchains. CoinDesk asks, “Is Bitcoin a Risk-on or a Risk-Off Asset?” (A Great Read) Maybe a better question is, will bitcoin eve...

How Bitcoin Will Keep UST's Peg (The Defender Mechanism)

16 Apr 2022 2 minute read 11 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

The Terra blockchain is based on the Luna and its stablecoins, most notably TerraUsd (UST). However UST mint takes place via Luna. Terra Foundation is trying to limit Luna's importance in the UST peg.The foundation headed by Do Kwon to stabilize UST'...

Earning more than 20% APY on White Whale (instead of Anchor) for your UST

13 Apr 2022 4 minute read 0 comments Messin' With Cryptos

Hello again folks, just to preface again that this is not by any means financial advice, and instead for educational and entertainment purposes only. As always, please do your own research and find what investment(s) might be best for you.  The searc...

Step-by-step tutorial on how to deposit UST on Anchor protocol using Coinbase, Binance, Crypto.com etc... (20,000$/year)

15 Mar 2022 2 minute read 2 comments The Crypto Boss

A companion to my previous article on how to make 20% APY with the Anchor protocol on UST is this step-by-step guide on how to use your daily wallet and exchange to get UST and create a TerraStation wallet to deposit in Anchor protocol and start earn...

Harnessing the power of UST Anchor and getting 19.5% APY with a debit card

4 Mar 2022 3 minute read 4 comments Messin' With Cryptos

So let me preface again that none of this is financial advice and is for educational and entertainment purposes only. Please be sure to do your own research and choose what investments are best for you.  Outlet Finance Outlet Finance just announced t...

Want to get in to the Terra ecosystem in a few easy steps (and cheap), but don’t know how?

20 Jan 2022 3 minute read 2 comments flexbronson

Want to get in to the Terra ecosystem in a few easy steps (and cheap), but don’t know how?   It took me a little bit to figure out how to get funds on to the Terra ecosystem and to do it for cheap. Kucoin is too costly, yeah call me cheap. I’m trying...

31% APY on Stable Coins

12 Jan 2022 2 minute read 0 comments Messin' With Cryptos

So let me preface once again this is not financial advice, and I am not a financial advisor. As always, do your own research and figure out what investments are best for you.  31% on Stable coins? So I first heard this on the Terra Bites podcast, but...