Compound interest in Anchor

Earn 40% interest on Anchor through Green Planet

After Green Planet launched the first cross-chain lending marketplace for aUST, aUST has shown its unique value. We can get aUST by depositing UST on Anchor, exchanging it for aUST, transferring it to Green Planet to pledge aUST and then lending it, and then transferring the borrowed UST to Anchor to deposit it, thus getting aUST when the amount of funds allows. If the amount of funds allows, this can be done in several cycles.

 Here are the simple steps to take advantage of aUST:

Step 1: Offer the UST in Anchor, get 19%+ interest, and get the aUST;
Step 2: Bridge the aUST back to your BSC wallet;
Step 3: Offer aUST on Green Planet;
Step 4: Borrow UST on Green Planet;
Step 5: Bridge the UST back to your Terra wallet;
Step 6: Offer UST in Anchor to get aUST;
Step 7: Bridge aUST back to your BSC wallet;
Step 8: Offer aUST on Green Planet;

 The above can be cycled multiple times to get a higher APY if you have enough funds.

 Of course to have a high APY, then your borrowing interest rate should be able to be lower, you can get a minimum borrowing interest rate of around 7% at Green Planet. Remember, those who provide enough GAMMA to qualify for Tier 3 can get the lowest borrowing rates.

 To qualify for Tier 3, the value of the GAMMA you provide needs to be at least equal to 10% of the value of your collateral on Green Planet.

 It may be possible to try, please decide for yourselves!