Starting now, wallets are open and you can begin depositing UST into your Poloniex account. Full trading for UST with a USDT pair: UST/USDT will be enabled later today.
Interested in our listings? Tell your friends and earn 20% on their trading fees .
What is UST? UST is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in UST and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, the loans are secured by a Stability Pool. Deposit UST now and begin trading.
UST Stats
Price: 0.997066
Market Cap: $1,860,089,984
24h Trading Volume: $62,699,555
Market Cap Rank: #61
24h Low / 24h High: $0.990717 / $1.01
All Time High: $1.09 (January 11, 2021)
All-Time Low: $0.928005 (January 21, 2021)
Circulating Supply: 1,865,563,665 / 1,865,563,665 UST
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was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
