AUST

AnchorUST Price

(AUST)

Note: This cryptocurrency has not yet been officially listed on KuCoin TR.

Note: This data is for reference only.

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Price Range (24h)

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How can I buy AnchorUST (AUST)?
Buying AUST on KuCoin TR is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy AnchorUST (AUST) for more information.
Coin description
Despite the proliferation of financial products, DeFi has yet to produce a savings product simple and safe enough to gain mass adoption. The price volatility of most crypto assets makes staking unfit for the vast majority of consumers. On the other end of the spectrum, the cyclical nature of stable coin interest rates on DeFi staples like Maker and Compound makes those protocols ill-suited for a household savings product. To address this pressing need we introduce Anchor, a savings protocol on the Terra blockchain that offers yield powered by block rewards of major Proof-of-Stake blockchains. Anchor offers a principal-protected stable coin savings product that pays depositors a stable interest rate. It achieves this by stabilizing the deposit interest rate with block rewards accruing to assets that are used to borrow stable coins. Anchor will thus offer DeFi’s benchmark interest rate, determined by the yield of the PoS blockchains with the highest demand. Ultimately, we envision Anchor becoming the gold standard for passive income on the blockchain.

What is the all-time high price of AnchorUST (AUST)?
The all-time high price of AnchorUST (AUST) is 1.25. The current price of AUST is down -- from its all-time high.
How do I store AnchorUST (AUST)?
You can store your AnchorUST in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your AUST include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.