News

4 Days Remaining: 3rd Anchor UST Subscription Countdown

Apr 18, 2022

Since the launch of the Adventurous Anchor UST, it has remained widely popular amongst all users. The APY of the 1st term of Anchor UST hit 17.62%, which has been outperformed by the ongoing 2nd term with its new high up to 19.48%. With this unstoppable forward momentum and to satisfy the expectations of users in pursuit of higher returns, Steaker thus decided to extend this lucrative portfolio, which is open to subscription as of 2022/04/18 16:00 (UTC+8) until 2022/04/21 23:59 (UTC+8).

This portfolio, Anchor UST, aims to assist users in allocating their crypto assets on Terra’s Anchor Protocol, where users’ assets will be monitored in real-time through our 24-hour internal API with the utmost caution to ensure the smooth operation of the strategy platform. Should you wish to find more about Anchor Protocol, please refer to the announcements of the 1st and 2nd terms of Anchor UST.

Seeing this steady high interest of Anchor UST, this portfolio is definitely worth considering. Whether you have missed out on the first two Anchor UST portfolios or are thinking about how to reallocate your assets, make sure you take full advantage of the 3rd Anchor UST!

About 3rd Anchor UST Portfolio

  • Subscription Period: 2022/04/18 16:00~2022/04/21 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: 2022/04/22 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 3rd 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.