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Hey guys, today we are going to speak about the Anchor Protocol.
Anchor is a savings protocol that offers low volatility returns on Terra’s stable currency deposits. Anchor is structured to provide depositors with: High, stable deposit yields; Instant withdrawals; and Principal protection.

We will learn how to get started to generate stable yields on your stable coins. A stable coin is a digital currency that is pegged to a “stable” reserve asset like the U.S. dollar or gold.

In this video, we will talk about what is anchor protocol, how to deposit UST, and how to make savings and generate 19.5 % APY on Terra Ecosystem. You can make 19.5 APY a year on your dollars. We will explain what is UST and aUST and other features in the Anchor Protocol.
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Related Videos:

Terra Station Wallet Complete Guide:
https://youtu.be/CUQqF1urPlc
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Useful links:

Anchor Protocol Main Website:
https://anchorprotocol.com/
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Timestamps:
00:00 Intro
00:49 What Is Anchor Protocol
03:12 What Is UST
04:39 Generate 19.5% A Year
05:40 What Is aUST
06:12 How To Deposit UST
07:30 Other Features
08:50 Outro And Summary
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⚠️⚠️⚠️ #Anchor #Protocol #UST #Terra #Tutorial #Guide #DEFI ⚠️⚠️⚠️
The content in any of Johnny's Youtube videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information.
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
I am just sharing my knowledge and my findings.
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Music By Yoad Ronen:
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Until next time,
Johnny Time