Lend USDT stablecoins to DeversiFi (layer 2 Ethereum DEX) and receive yield-earning aUST in exchange.
DeversiFi will transfer coins to Anchor on the Terra protocol, where they’ll be lent to other crypto projects.
- No gas fees for lenders.
- No need for Ethereum users to move funds to Terra directly.
- Yield available from collateral deposited by Anchor users (ETH or Luna) and from borrower interest.
All deets here: https://deversifi.com/blog/yield-how-you-can-earn-19-returns/
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