Covario Trading: Earn high yield on stablecoin TerraUSD (UST)

With our advanced brokerage platform connected to the Terra DeFi ecosystem, Covario facilitates everything from trading, staking, lending and borrowing on Terra blockchain on behalf of its institutional clients

May 2022 — Covario Trading would like to highlight a new addition to its product offering, by enabling access to Terra’s lending protocol, Anchor (ANC) and its current 17.94% yield for Terra’s native stablecoin TerraUSD (UST). Covario’s trading team executes these investments on behalf of clients at institutional-grade scale, security and professionalism.

As well as high-yield services for UST on Anchor Protocol, Covario offers Terra (LUNA) staking with Terra Station, Defi trading with Terraswap and more. Covario’s custody is integrated with the Terra DeFi ecosystem with optimal security including MPC and Multi-Sig technology.

About UST stablecoin
UST is the first decentralized stablecoin to provide interest earnings with higher level of scalability. It is value-pegged to the dollar and runs on an innovative mechanism based on an algorithm and reserve token(s) rather than cash or equivalent collateral. UST reached the ranking of third-largest stablecoin by circulation in April.

Contact our trading desk to learn more: brokerage@covar.io

Subscribe to our Telegram feed for crypto market updates: Covario Trading Feed

Covario’s Trading Terminal and Trading Portal are in-house built one-stop applications delivering fast, secure, and scalable solutions for crypto trading, custody, financing and more. Our platform offers on-demand, 24/7 trading services including real-time pricing for 60+ crypto tokens including 5 stablecoins, as well as 7 FX currencies, tradeable directly via the OTC portal.

Learn more about our products

Trading Portal: https://bit.ly/covario-portal
Trading Terminal: https://bit.ly/covario-terminal
Covario Messenger: https://bit.ly/covario-messenger
Trading Assets List: https://bit.ly/covario-assets

To try a free demo, contact us at contact@covar.io

About Covario AG

Covario is an award-winning Swiss-based Crypto Prime Brokerage founded in 2019. Covario’s Prime Brokerage platform is a holistic solution for digital asset trading, algorithmic trading, clearing, financing and custody for institutional clients. Backed by a team of professionals with deep experience and understanding of institutional financial services, Covario’s offering combines asset protection and global reach with operational ease and efficiency. Visit: www.covar.io

Press Inquiries

jen.chae@covar.io | pr@covar.io

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Press-related updates from Covario AG.

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Covario AG

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Press-related updates from Covario AG.

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