UST Stablecoin Staking Tutorial: Earn 20% APY!? (Anchor Protocol Terra Station)

Boxmining
269K subscribers

Earn as high as 20% APY on UST stablecoins by staking on Anchor Protocol?! But are there any risks to this and where does all this free money come from? In this video, we’ll be showing you how to stake UST as well as discussing our concerns for the future of UST.

0:00 Introduction
1:53 Create a Terra Station wallet
3:22 Send $Luna $UST to your wallet
5:32 Anchor Protocol Explained
7:20 Algorithmic stablecoin explained
8:18 How to stake $UST?
9:15 Risks and concerns (1)
13:25 Risks and concerns (2)
15:18 Conclusion

Learn more:
https://boxmining.com/anchor-protocol...

Buy $UST:
📲FTX Exchange 10% DISCOUNT on all trades: http://boxmining.co/ftx
📲FTX Exchange(US) 10% DISCOUNT on all trades: https://ftx.us/home/#a=boxmining
📲Binance Exchange : http://boxmining.co/binance

●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬●
📖 Guides, tutorials and insights: https://boxmining.com/
Recommendation List: https://www.cryptoatlas.io/Boxmining
🌼Buy & Sell Bitcoin: https://join.swissborg.com/r/michaeOQZM
🔒Hardware Wallet: http://boxmining.co/ledger
👍🏻Brave Browser: http://boxmining.co/brave
●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬●
Boxmining clips: https://www.youtube.com/channel/UCjFy...
Boxmining News Website: https://www.boxmining.com/
Telegram Group: https://t.me/BoxminingFam

●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬●
Twitter: https://twitter.com/boxmining
Discord: https://discord.gg/9qCpqpZm8G
Facebook: https://www.facebook.com/boxmining

●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬●
I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.