What is the difference between Aust and Ust?

aUST represents a yield-bearing asset, while UST represents a stablecoin that is backed to the US dollar. Based on the interest rate that is issued by the Anchor Protocol, the exchange rate between aUST and UST will increase over time.

How do I convert Aust back to Ust?

To convert aUST back to UST, you will need to initiate a withdrawal from the Anchor Protocol which will result in you receiving UST. The amount of UST that you receive will be based on the current exchange rate between aUST and UST.

What is Ust (UST) and how does it work?

The idea behind the stablecoin is that if an investor wants to recover their USDT, USDC, or any stablecoin, then they would be receiving exactly $1 back for every token that the user sells. Now, when we talk about UST, it’s a stablecoin algorithm that uses smart contracts in order to maintain its 1:1 dollar peg.

How much UST will I receive when I withdraw my Ust?

When you withdraw your UST back to your Terra Station wallet, you will receive $1,155.54 UST. Even though your aUST did not increase in price, the amount of UST you receive will increase due to the increase in the exchange rate. You may also want to note that the value shown on the Anchor Protocol ‘ Earn ‘ dashboard is in UST, and not aUST.