Hey guys, We can retain the UST peg. Together. No

Question

Hey guys, We can retain the UST peg. Together. No

need for validators' votes, etc.
We need 5,000 buddies in this effort. It will be extremely profitable as well. (Currently, 1/5,000 participants)

The number of USTC in Liquid Circulation (On Terra DEXs) is approx ~900M USTC. Let's estimate and inflows to the classic chain of ~2B.
The number of USTC in circulation can't increase and is fixed. (At least currently)
The process is pretty simple -
1. Supply Liquidity to any pool on one of the following DEXs:
- https://classic.astroport.fi/
- https://app-classic.terraswap.io/
Choose pools with APR > 200%.
Supply a worth of 100,000 USTC (700$)

2. Harvest the rewards once a week and swap them to USTC.
Annual accrued amount: From 100,000USTC to 250,000USTC. (Means ~ 1B a year)

3. Never sell any USTC until it returns to its 1$ peg.

Who is joining the army?
Nothing is financial advice. It's just community effort to put back the relics.

#blockchain #cryptocurrency #english #luna

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22.06.2022

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Yair Haimson | Meridian Ventures · Answer 1

Yair Haimson | Meridian Ventures Автор вопроса

I'm doing it daily actually

0

22.06.2022

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Hey guys, We can retain the UST peg. Together. No

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