ETH Price: $3,325.16 (-4.11%)
Anchor + UST Depeg - PolicyHolderPosition #739
Anchor + UST Depeg - PolicyHolderPosition #739
Min Price (24H)
N/A

Last Sale (Item)
N/A

Last Sale (Contract)
N/A
Classification:
Off-Chain
Token ID:
739
Token Standard:
ERC-721
Last Updated

2022 04 29T22:25:40.902108346Z

Rarity: 0.1%

**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.

Item Activity

Transaction Hash Block Action Price From To

The NFT page displays details such as properties and trading history for a specific token ID in an NFT contract. Learn more about this page in our Knowledge Base.