General Risk-On 042022 #153

Collection

General Risk-On 042022

Ethereum

Owned by

0xED...BA69

Ethereum

Rarity

1

/ 549

Traits

Last Updated

2022-03-06T11:12:03.081597887Z

Description

**Anchor + UST – [Wrapped aUST](https://etherscan.io/address/0xa8De3e3c934e2A1BB08B010104CcaBBD4D6293ab)**\ Anchor is a traditional money market and cross chain yield farming protocol built on the Terra ecosystem. Because it takes deposits in [US Terra (UST)](https://etherscan.io/token/0xa47c8bf37f92abed4a126bda807a7b7498661acd), an algorithmic stablecoin that could potentially lose its peg during periods of market instability, this pool combines the standard protection on yield farms and money markets with UST peg protection. This is necessary because Anchor can be working as intended and paying out the expected amount of UST while the price of UST falls below $1. This pool offers protection not only on the risk associated with Anchor but also on the risk of UST losing it’s peg.

Details

Token ID

153

Network

Ethereum

Standard

ERC721

Network

General Risk-On 042022

RH-P

Size

Owners

General Risk-On 042022 153