So here we are depositing to UST to earn interest at 20% APY with Anchor Protocol. This video show you the business model and why it is able to maintain 20%

A few points to know
UST is a stablecoin, pegs it value to 1USD
This is different from being a liquidity provider, there will be no Impermanent Loss
the protocol I am using is Anchor on the Terra Luna chain
However can the yield sustain?

#Crypto #passiveincome #investing

DISCLAIMER: I am neither a financial advisor nor a professional working in the crypto field. This is NOT financial advice, and should not be treated as financial advice in any way. This is merely a documentation of my journey and perspective of the topic. You should always do your own research and due diligence before making any decisions.