
Kinetic Synthetic UST
[KUST]Kinetic Synthetic UST Price
$ 0.0213-24.83%
7.39e-7-24.87%
High:$ 0.0389
Low:$ 0.0188
Kinetic Synthetic UST Market Cap
N/A24h Trade Volume
Supply
All-Time-High (ATH) Price
Kinetic Synthetic UST Live 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.
The Kinetic Synthetic UST to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
KUST to USD Converter
Kinetic Synthetic UST Live Info Today
Kinetic Synthetic UST's current price is $ 0.0213, it has dropped -24.8% over the past 24 hours.
Kinetic Synthetic UST's All Time High (ATH) of $ 0.878 was reached on 10 May 2022, and is currently -97.6% down.
What is Kinetic Synthetic UST
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.