Anchor Mariner Hunt

    Anchor Protocol is definitely THE protocol that I will talk about with any boomers or my family during dinner. Imagine you able to earn 20% APY with your savings money. I repeat, 20%! Traditional banks could never. In my country, the best banks offer was 4% max and they will boast about it. So I believe if there's protocol that can change many minds, Anchor is definitely that protocol. But, there are still risks to it such as smart contract risk. But, worry not soon there will be Ozone, an insurance protocol that can protect your loan and collateral.

    In this dashboard, I attached 5 transactions; which are

    1. Buy 1 $LUNA token with $UST (costed me around $36 UST). I used Terraswap - tx_id: 9F9D0145BA1801EE46AE90CFE001B74B08C21599E105F5DD5623C6A537F805C7
    2. Mint 1 bLuna token from the LUNA token - tx_id: 28CFBE54AFE2EE43CDB820EE15CEA0A9E2F17D1BC09C31C9E532C041CA7046F4
    3. Deposited the bLuna as collateral on Anchor - tx_id: 4E3181D7E074D0D6A0DFBB53691EEE48A24ECE05D1C4CE2F8949401928C05845
    4. Borrow $25 UST from Anchor. Remember you are advised to keep your borrowing ratio below 30% of your provided value to avoid liquidation. I borrowed $25 UST because I have provided some bLuna before. tx_id: A27BD0F9A110A23DD037C7839C53B43E77A506FA357446AD2FFE994700D9E68E
    5. Provide the $25 UST to Earn tab to earn the sweet sweet 20% APY risk-free. tx_id: 7F1B7F6CC9D1C10C0E3F14D5E9CB0E57FBD6F5A04243B51161348356CEA9FD59
    Loading...