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Stablecoin
KUST Price
Contracts/Explorers:
Terra Classic
Funds and Backers
KUST is the synthetic stablecoin of Kinetic Protocol - Terra-based protocol for self-repaying loans
KUST is the synthetic stablecoin of Kinetic Protocol (Terra-based protocol for self-repaying loans). It is a synthetic version of the Terra Stablecoin UST. kUST represents users' future yield and can be borrowed as a CDP via Kinetic.
Kinetic is a protocol that keeps money in motion. There are multiple ways a user can interact with it, but taking out an advance on your future yield by creating a collateralized debt position that repays itself over time, is the main innovation. The most important liquidity pools for Kinetic are $kUST/$UST (Stableswap) and $KNTC/$UST (const. Product). Both pools are live on Astroport and there are LP Staking incentives allocated to both pools via protocol token emission.
Reserve Rights
$ 0.0104
OrangeDX
$ 0.155
BITBRAWL
$ 0.00657
Bittensor
$ 526.27
zkLink
N/A
UBXS
$ 0.477
Velodrome Finance
$ 0.290