UST Terra Metapool
Leveraging Nerve 3Pool Liquidity in collaboration with Terra.

What is the UST metapool?

A metapool allows a single coin (in this case, UST) to be pooled with all the coins in another pool (the Nerve 3Pool) without diluting its liquidity. TerraUSD, or UST, is the algorithmic stablecoin of the Terra ecosystem, and is backed by the ability to mint it for burned LUNA, or redeem it for minted LUNA. You can stake UST, BUSD, USDT or USDC in the metapool. Like the 3Pool, it is not necessary to deposit all 4 tokens at once, but watch the price impact when depositing tokens in an unbalanced fashion to see if you are getting a deposit bonus or penalty.
The Nerve UST-3Pool metapool enables you to:
    Earn yield on your minted UST (or other stablecoins) by depositing them to the metapool then staking the resulting nrvUST LP for NRV rewards.
    Deposit and withdraw without a fee (0%).
    Unstake and withdraw liquidity at any time - there is no lock-up period.
As of 13/05/2021, the 0.04% trading fees on swaps within the UST metapool go to the DAO treasury; this revenue will be used as determined via community governance.
Deposit your stablecoins in the UST-3Pool metapool: https://app.nerve.fi/pools/ust
Stake your nrvUST LP for NRV rewards: https://app.nerve.fi/stake
Last modified 5mo ago
Copy link