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Kinetic Synthetic UST

Kinetic Synthetic UST KUST Price N/A

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Stablecoin

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

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.

Additional Data

Total Supply

KUST 39,146,963

Listing Date

10 May 2022

All Time High

$ 0.878

10 May 2022


All Time Low

$ 0.00532

18 Jun 2022

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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