Introducing Anchor UST: Explore High-Yield Opportunities in the Bear Market

As the crypto bear market cycle continues, several centralized crypto exchanges and trading platforms adjusted their fixed APY product to reflect the market situation. As a result, many investors now have to re-evaluate their investment strategies and consider configuring their crypto assets in DeFi projects to survive crypto winter. To satisfy users’ demands of obtaining higher yields, Steaker is initiating the brand new adventurous portfolio, “Anchor UST.” The subscription is now open until 2022/03/17 at 23:59 (UTC+8).

The most attractive feature of Anchor Protocol is a steady 20% APY of stablecoin deposit and unlimited free withdrawals. Differing from other lending platforms, in which interest rates are determined by market supply and demand, Anchor Protocol coordinates rewards across multiple Proof-of-Stake (PoS) blockchains. Also, with numerous capital injections of boosting the Anchor DeFi Protocol Reserves, Anchor can provide its users with low-volatile up to 20% yields. Furthermore, Terra has resumed its rise toward the top of the DeFi rankings. Its TVL has surged to a new all-time high of $23.5 billion. According to the latest DefiLlama data, Anchor has nearly $11.4 billion in total value locked, accounting for more than 50% of the network’s TVL.

In this portfolio, Steaker will assist users in buying UST (TerraUSD) with selected USD stablecoins, then depositing in Anchor Protocol. Also, the profit earned will be settled according to the subscription currencies. Users can skip the complicated process involving swapping cryptocurrencies, creating Terra Station wallets, staking UST, and so on. If you don’t have enough time to research the Anchor Protocol but still wish to enjoy high and steady yields in DeFi projects, our “Anchor UST” portfolio may suit you. From now until 2022/03/17 23:59 (UTC+8) to explore high-yield opportunities in the bear market.

About Anchor UST Portfolio

• Subscription Period: 2022/03/10 16:00~2022/03/17 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: 2022/03/18 15:00 (UTC+8)
• Penalty Fee: 1% of initial funds
• Maximum Loss: 100% of initial funds
• Incentive Fee: 10% of interests
• Management Fee: 0.15% of initial funds
• Redemption Fee: 0.2 % of settlement amount

Note

The Anchor UST Portfolio has no stop-loss mechanism. The maximum loss can be 100% of initial funds. The risks of this portfolio include operation risks and hacking risks of Anchor Protocol, UST de-pegging risk, and more. Please note that Steaker SAFU does not cover all the risks mentioned above. Users shall fully undertake the risk of loss.