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Unicorn-

Hi, may I ask with Anchor Ust deposit. Where do

we claim out Ust 'gained' interest?

#anchor #cryptocurrency #english
0

12 ответов

17 просмотров
Cain-

Hi, you don't need to "claim" the interest, it's accrued to your account and available when you withdraw.

0
03.01.2022
Unicorn- Автор вопроса
Cain
Hi, you don't need to "claim" the interest, it's a...

When you say accrued in my account, assumed it's where I deposit the amount say $100?

0
03.01.2022
Unicorn- Автор вопроса
Cain
Hi, you don't need to "claim" the interest, it's a...

And it became $120 at year end? What about the negative borrow fees then currently at 1%

0
03.01.2022
Unicorn- Автор вопроса
Cain
yes, that is correct.

Thanks. What about in the borrow tab with the negative apr? What will we be paying with? And do we need to do anything?

0
03.01.2022
Mayank-Grover (Will never DM first or ask for funds)
Unicorn
Thanks. What about in the borrow tab with the nega...

There are two APRs borrowing APR which means borrowers have to pay the borrowing interest in UST to Anchor for their borrowings and second is distribution APR in which borrowers will get ANC rewards for their borrowings. And Net APR is the difference between the distribution APR and the borrowing APR.

0
03.01.2022
Mayank-Grover (Will never DM first or ask for funds)

You have to pay back in UST to close your borrow position

0
03.01.2022
Unicorn- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
You have to pay back in UST to close your borrow p...

Hmm. Does that mean the negative net % is applicable only when I fully close my borrow position? Which means if that time the net borrow % is positive, I end up profiting the borrow?

0
03.01.2022
Mayank-Grover (Will never DM first or ask for funds)
Unicorn
Hmm. Does that mean the negative net % is applicab...

Negative net APR mean you will get less rewards and pay more borrowing interest.

0
03.01.2022
Unicorn- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
Negative net APR mean you will get less rewards an...

Less Anc rewards and Pay borrowing interest in Ust, correct? But only applicable when closing borrow position.

0
03.01.2022
Mayank-Grover (Will never DM first or ask for funds)
Unicorn
Less Anc rewards and Pay borrowing interest in Ust...

It keeps on fluctuating. Sometimes it's positive and sometimes negative.

0
03.01.2022
Unicorn- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
It keeps on fluctuating. Sometimes it's positive a...

I understand, thanks. But in overall, we only need to pay the borrow interest when close the borrow position, correct?

0
03.01.2022

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