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Kinetic Synthetic UST

Kinetic Synthetic UST KUSTPrice N/A

KUST Price

N/A

General Info

Contracts/Explorers:

Terra Classic

Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

KUST is the synthetic stablecoin of Kinetic Protocol - Terra-based protocol for self-repaying loans

Kinetic Synthetic UST (KUST) Chart

Kinetic Synthetic UST price Index provides the latest KUST price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Total Supply

KUST 39,146,963

All Time High

$ 0.878

10 May 2022


All Time Low

$ 0.00532

18 Jun 2022

Trending Kinetic Synthetic UST Fiat Pairs

What is Kinetic Synthetic UST (KUST)?

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.

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