News
Hot! APY up to 18%: 4th Anchor UST Now Open to Subscription
May 6, 2022

Steaker is gearing up for the launch of the 4th Anchor UST, available for subscription from 2022/05/09 23:59 (UTC+8).
As of the launch of the adventurous 3rd Anchor UST, it has maintained its competitive edge regardless of the threat of the stringent bear market looming on the horizon over the past few months.
The mean APY of the 2nd and 3rd Anchor UST is approximately 19%, which is remarkable. For that reason, Steaker would love to lengthen this marquee portfolio.
The total Value Locked (TVL) of Anchor Protocol until now is US$19.8 billion. While this amount keeps growing steadily, it has outstripped Aave to be the largest DeFi loan agreement. Lately, Do Kwon, the founder of Terra, even added that 10 billion US dollars worth of Bitcoin will be kept in reserve to boost investors’ confidence and promote sustainable development of Anchor Protocol.
What is equally worth your attention is, Anchor announced that from May 01, 2022, a more sustainable semi-dynamic Earn rate has been implemented, which will be adjusted dynamically as per monthly income reserve. Meanwhile, the interest rate will only fluctuate between 15% and 20% (monthly floating limit: 1.5%). The latest interest rate announced is 18%.
1 month is the contract period of Steaker’s Anchor UST, and this length of time is thoughtfully devised in order for the portfolio to be not only flexible but also financially prudent in terms of risk control. Steaker is dedicated to continuously monitoring Anchor Protocol’s reserves for you!
If you are optimistic about Anchor Protocol as well or are still hunting for stable and high-yield lucrative opportunities, do not miss out on our 4th Anchor UST!
About 4th Anchor UST Portfolio
- Subscription Period: 2022/05/06 16:00~2022/05/09 23:59 (UTC+8)
- Subscription Qualification: None
- Minimum Investment: 1,000 USDⓢ
- Supported Currencies: USDT, USDC, BUSD, and DAI
- Contract Period: 1 month
- Start Time: 2022/05/10 15:00 (UTC+8)
- Penalty Fee: 1% of initial funds
- Maximum Loss: 100% of initial funds
- Incentive Fee: None
- Management Fee: 0.17% of initial funds
- Redemption Fee: 0.2 % of settlement amount
Note
The 4th Anchor UST Portfolio has no stop-loss mechanism. The maximum loss can be 100% of your principal. The risks of this portfolio could range from operational failure of Anchor Protocol, smart contracts getting hacked, to UST de-peg from USD. Users should be held fully accountable for the risks involved.