Last updated on April 16th, 2022
You may have heard of the Anchor Protocol, which provides a rather high interest rate for UST.
How to ‘stake’ UST on Anchor Protocol
Here are 4 steps to ‘stake’ your UST on the Anchor Protocol: Send UST to your Terra Station walletConnect your Terra Station wallet to Anchor ProtocolGo to the ‘Earn’ tab and select ‘Deposit’Enter the amount of UST that you want to deposit and confirm the transaction You can view a video guide here, or you can read the text guide below:Send UST to your Terra Station wallet
The first step you’ll need to do is to send UST to your Terra Station wallet.
