Terra USD (UST) Market To Add New Trading Pairs
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another 6 trading pairs coming to our TerraUSD (UST) trading platform. Supported trading pairs include DOT/UST, ATOM/UST, AAVE/UST, YFI/UST, SNX/UST, and USDC/UST.
Trading for additional trading pairs will start at 10:00 on January 12, 2021 (UTC)
Project Information:
| Total Supply | Market Cap | Issue Date | Consensus Protocol |
| 185,188,469.66 | $185,188,469 USD | 2019-04-24 | Pos(Tendermint) |
| Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
| 185,188,469.66 | $26,643,394 USD | $1 | ECDSA secp256k1 |
* The key metric numbers are calculated as at January 11 2020; Issue Price represents the price of latest private sale price.
TerraUSD (UST) is Terra’s algorithmic stablecoin. It is pegged to the US dollar and designed to be infinitely scalable thanks to its monetary policy, which empowers DeFi apps and protocols to scale without barriers. UST is yield-bearing and created with interchain operability in mind from the onset.
Through its scalable, yield-bearing, and interchain design of the UST, Terra aims to connect and empower blockchains by offering UST stablecoins as the building blocks that will serve as the foundation for a new generation of exciting and innovative applications.
Terra Website: https://terra.money/
TerraUSD (UST) Whitepaper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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