How to stake in anchor protocol?

[Oagari yo]

baka may mga experts po dito yung staking po nila sa earn na ust us terra gagamitin na currency, laki po kasi ng tubo hehehe

 

[woojun]

Kung ph cash into terra network, much better kung idaan mo nalang sa cex tulad ng kucoin para less hassle at less fees compared sa direct buy using cc.

Cash > Deposit to CoinsPH (Pesos) ->CoinsPH XRP -> Deposit into Kucoin -> Swap XRP/USDT then swap USDT/LUNA -> Withdraw Luna into your Wallet (Terra Network) -> Swap LUNA/UST -> Stake into Anchor Protocol -> Done !

 

[papjohn]

Malaki ba apy jan lods?

 

[woojun]

Malaki ba apy jan lods?

19.4% APY via UST

 

[papjohn]

19.4% APY via UST

Nag research ako kgbe lods. Convert luna to usdt pala tpos un na pinaka stake mo tama ba ?

 

[AsphyXia--]

-Gawa ka Terra Station Wallet (Chrome Extension)
-Bili ka UST sa Binance
-Withdraw mo yung UST mo from Binance to Terra Station wallet (Terra Network)
-Connect mo na yung Terra Station wallet mo to Anchor Protocol tapos deposit mo na.

or pwede ring sa OKX (Centralized Exchange parang Binance)
-Gawa ka account sa OKX
-Deposit ka any crypto, then convert to UST
-Punta ka sa Assets -> Earn -> Earn -> Defi -> Under staking, hanapin mo yung Anchor -> Subscribe

Ang advantage ng OKX is kung sakaling mag depeg yung UST sa 1 Dollar, iwiwithdraw nya na automatically yung UST mo at pwede mo na iswap kagad sa ibang stablecoins (Worst case scenario)

Ayan na pala pwede narin sa Binance kakapost lang hahaha