Published in · 10 min read · Aug 4, 2021
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You can now stake UST in Solana’s Mercurial finance and earn Yields, and more Terra-Solana Mashup coming soon-Buckle up!
More and more adoption of a token is essential for it growth. The more use cases of a token have , the more users talk about it, this will lead more usage and thus more growth.
The stable coin of Terra, UST is no exception. But don't you worry they are doing it right!
With a recent announcement, UST from Terra can be ported over to Solana and can be staked in Mercurial Finance to provide liquidity and generate yield. This article is trying to find more such opportunities!
What will be covered here :
- About Solana.
- The wormhole
- Potential opportunities of Terra Assets in Solana
- How to port UST to Solana
- Conclusion
Solana is a blockchain network that has a decentralized “clock” in it. This transforms Solana into a network that is decentralized, scalable, and secure at the same time. All this without usage of Layer 2 solutions.
In general…