Anchor被動收入教學｜回答大家問題

Hello everyone, I'm Terry. Welcome to my last video, my second video on my $550 backup income. After the first video, I received a lot of comments. Most of the netizens want to know how to actually use Anchor Protocol and how to use the cold wallet. I also want to fulfill my promise. Before the video starts, if you haven't seen the first video, the content of the first video is mainly to share how I use Anchor Protocol, a DeFi ecosystem chain, to make a way to save money and earn backup income, and some risks of using Anchor Protocol.

Today's video is mainly about the actual implementation of the training video. But before we start, I want to summarize the comments from the bottom of the video. Some of them are common questions. I summed them up into a Q&A. Before we actually start the video, let's do a Q&A to answer everyone's questions. The first question is whether Anchor Protocol is a fraud. What is a fraud? It is a fraud that uses high interest rates to attract investors to throw in funds.

But in reality, it's just the money from the people who came in later to pay the people who came in first. The interest is not really earned by the capital, but it's just the money from the people who came in later to fill the hole in the front. This is the Pond's scam. So how did Anchor's 20% interest come about?

I've already mentioned this in my previous video. The first one is the profit from the proof of stake. The second one is the interest of the borrower. Just like you and the bank borrow money, you need to pay interest. You might ask why I need to borrow money in Anchor. For example, I have 10 ETH today. I need to use the money, but I don't want to sell my ETH. Because I think ETH will bounce back to 5,000 USD.

These are real assets, but what if I need money to buy a Hello Kitty? I can use ETH to anchor as a deposit. I can borrow a deposit of 60% of the US dollar to buy a Hello Kitty. At the same time, I don't need to sell my ETH. It's like you can use your house to make a deposit with the bank. In addition to paying interest, Anchor will reward me with ANC tokens to borrow money. So my total interest rate is relatively low.

Because DeFi is not like banks that have to earn fees to pay their high operating costs. So this fee is now returned to borrowers as a reward to encourage the need for borrowing. All of the above things I said are written in the blockchain smart contract. It's all public, this is DeFi. So it's not what you think it is. If you still don't understand, I recorded a special section today to explain the origin of interest with the numbers on Anchor.

Let's do the math. I'll put it at the end of the video. If you're interested, I'll wait for you at the end. Next question, what if the borrower can't pay back or doesn't pay back? For example, ETH is $3,000 now. If I put it at anchor, I can borrow 60%, which is $1,800. If ETH goes bankrupt today, anchor will clear the ETH. Because you can only borrow the most value of 60% of the UST.

This way, you can ensure that even if the value of the mortgage is skyrocketed, it will not affect the rights of the debtor. The debtor who is going to borrow also needs to take the risk of this. Your mortgage may be liquidated due to the skyrocketing of the market. How to pay interest? Is there any deadline? Can you get it anytime? Interest is paid in the form of AUST deposit. When you deposit USDT, you will get AUST that is worth the price. AUST is once every 8 seconds. There is no deadline. You can deposit it whenever you want. You can understand it later in the video tutorial part.

How to register without seeing the app can download I can use Anchor and Terra in a certain country Anchor is not an app It is a DeFi ecosystem built on the blockchain This website is just a interface to communicate with Anchor Everything behind is on the Terra blockchain Usually you use the Web3 method You have to log in with your wallet You can see the specific operation in the following tutorial

The advantage of DeFi is that it is a non-border, no matter race, gender, age, or size, as long as there is a network, it can be used. The disadvantage is that it has the risk of blockchain. If you want to buy insurance, you have to buy it with the third party. The last question is if Luna is going to be a boom today, will there be a risk? Luna has experienced a 70% downfall in May last year.

It has been a lot of money laundering this year. The short answer is that the money laundering side is not directly affected. Of course, after the Luna money laundering, many borrowings will be liquidated. The money for liquidating the mortgage is of course paid by the money laundering side. But because of the Luna money laundering, it may cause the last money laundering side to be broken.

If you want to reduce the risk by changing the money into a stable currency, the users who save money will be far more than the ones who borrow money. So it becomes that Anchor needs to pay interest from its URB. In the long term, it may cause the interest rate to slowly drop to balance the stock market. So there is no way to keep interest at 20%. If you are interested, you can watch the video at the end. I will use numbers to show you.

Without further ado, let's get started. First, we need to buy a UST stablecoin. There are two ways to do this. The first way is to find a stablecoin exchange that supports UST. You can see CoinMarketplace has KuCoin, Binance, Coinbase, and CoinBase. You can also see how much UST fee you need to withdraw from the platform. CoinBase is the only free exchange. So we will use CoinBase to buy UST.

We can see that there are three types of currency that support usdT. There are usdt, luna, and mero. Usdt is another currency that is commonly used in Asia. So we will use usdt to exchange for usdt.

Where to buy USDT? This depends on where you are. There are too many ways to buy USDT with French currency. For example, if you are in Taiwan, you can use the P2P trading method on the currency platform to buy USDT directly with Taiwan dollars. This should be the most cost-effective way to buy USDT with Taiwan dollars.

Of course, you can also use other platforms such as Bitcoin. First, convert your currency into USDT and then convert it to the currency. If you want to convert another wallet into USDT to the currency, you can go directly to the coin and then choose USDT and then choose the coin-supported network. The most commonly used one here is ERC20. But you still have to see which network you are supporting on the platform or wallet you have transferred to. Don't choose the wrong network.

Now I open my other wallet and transfer my USDT to it. After transferring, I receive a message that my USDT has been transferred to the currency. I now have about 320 USDT in the currency. Next step is to convert USDT to UST. Then we go back to the transaction section and select the pair of UST and USDT. After clicking buy, I choose the price here. Then choose to buy into UST. Because I want to convert all the USDT to UST, I click 100% here. Then after confirmation, click buy into UST.

And here it says "Successful Convert" And back to the asset page, we can see that I have 321 USDT So we have completed the purchase procedure Next, we are going to download a TeraStation wallet You can use the app on your phone Or you can go to Google Chrome's X key to download an app It's the same as the common fox, Metamask Today we are going to use the phone app After downloading, we will choose a new wallet Give the wallet a name, I will call it "Teris Wallet"

and you want to give this wallet a password. The recommended password is a safer password. But you don't need to worry too much. Even if others know your password, they can't log in from other phones. This password can only be used on your current phone. The next step is very important. This is your C-Phrase. C-Phrase is your recovery key. If you change your phone or you want to log in to your wallet on Chrome, you need this C-Phrase. This C-Phrase is the last way to recover your wallet.

I recommend you copy this CFrace on paper and never share it with anyone. If there is anyone who pretends to be a customer and you want this CFrace, don't give it to him. Most of them are fraudsters. If you lose this CFrace, you can't find your wallet again. Of course, you can create more wallets, but the encrypted currency you store in it will disappear. No matter where you copy it on paper or where it is stored, you must check it again. You didn't write it wrong. The next step is to make sure you copied this CFrace.

After confirming your CFREX, your wallet will be created. This is a new empty wallet. The next step is to transfer your UST from currency to this wallet. First, we need to copy the public address of your wallet. Click on Copy here. Then go back to the currency platform. Then select the part of your UST in your asset. Then click on Payment.

Then confirm your currency is UST Just paste our address directly Make sure the beginning is Tera Then you can check here again Make sure your address is correct Usually I will look at the first five words Then check the five words behind If it is correct, it should not be wrong Then the amount of coins Because we want to transfer all 321 UST We choose all Then you can see here The currency is now in all exchanges The only UST is 0 fee So the fee here is 0 UST

After we confirm that the actual account is 321 USD, we select "TB" Since Huobi doesn't have any fee for "TB" I suggest you to first submit a USD 1 to see if it will appear in your wallet If everything is fine, everything is normal, then you submit all the remaining USD deposit The advantage of this is that you can do it yourself and make sure you didn't make any mistakes in the process

You don't need to fill in the address tag. If you take money from the platform, it has a variety of protection mechanisms to ensure that you have verified your identity in the currency account. In your UST, you can see that it is currently in process and has been sent. Then we go back to our Terra wallet and refresh it. You can see that all the money has been transferred to the wallet of Terra Station.

Let me remind you that the wallet we created is actually a private key. If your phone is lost, hacked, or attacked, you may lose your wallet. So why did I mention that I use a cold wallet in my last video? I use the Ledger cold wallet. The USB doesn't usually plug into the computer or connect to the network, so it's very unlikely that it will be stolen. So why do we use a cold wallet? If you want to make sure your crypto is very safe, the best way is to store it in a cold wallet.

Today, because of the time, I won't introduce how to transfer the UST to the cold wallet. If you are interested, you can comment below the video. I can make another video to introduce the cold wallet. Maybe I can unbox different cold wallets to share some of my impressions and experiences of using a cold wallet. Next, we will transfer the UST to the Anker.

Then we go to anchorprotocol.com first There is a web app in the upper right corner After we click it Then there is a Connect Wallet in the upper right corner We have to write Wallet Connect here Because we use the mobile app Then if you have the TRStation Chrome plug-in You can open the wallet of Chrome directly here Then we choose Wallet Connect Then click QR Code in the upper right corner of your phone Then you can scan the QR code here It will let you log in Then here

you can see the $321 USD in the top right corner. We just transferred it from the currency. Next, we go to the Earn page and select Deposit. It will show how much USD you want to deposit. Of course, you can choose MAC.

But I suggest you keep 5-10 UST in your wallet Because you can make any transactions on Tera's blockchain You need to pay a small amount of UST fee If you save all of it, when you want to take it out, there will be no UST in your wallet So you can't take the money out smoothly So I suggest you keep 5-10 UST in your wallet I'll keep 5 UST here I changed the amount of money to 315

and the fee is 0.673. After you click on "Confirm", you need to sign in the transaction on your Terrastation app. I'll write "Sign" here.

After completion, you will see here that you have received 226 AUST What does this mean? It means that you just used 315 UST to exchange for 267 AUST I mentioned in the previous video that Anchor does not really give you UST interest In fact, you really get this AUST token When you want to transfer the money back to UST, your AUST has been delayed for a while So the UST you get back will be more than the UST you save

The annual growth of AUST is 19.49% We have saved the money in Anchor. You can see that the total deposit is 315 UST. The expected interest per year is 61 US dollars. One month is 5 US dollars, one day is 0.168 US dollars. If you want to take the money out of Anchor in a few weeks or months and exchange it for French currency, the whole process is the opposite of what we just did.

After you log in to the Anchor Protocol web app, you can choose to withdraw. After you withdraw, you can choose how much UST you want to withdraw. This process is to convert your AUST into UST. After you convert to UST, you can transfer the money back to the currency. Then use UST to transfer back to USDT. After you get the USDT, you can transfer it back to the currency you need, whether it's Taiwan dollars, US dollars, RMB, or EUR. I recommend you to google it. The safest and cheapest way to convert your USDT to the currency you want.

How is it in your country? For example, in Taiwan you can use Bito In the United States you can use Coinbase Pro I am working with Huobi Plus Huobi is the only one at the moment Transfer to a trading platform with no fee for UST They have sponsors for this video I will tell you in full transparency here Of course, you don't have to use Huobi There are too many ways to transfer UST from French currency The cheapest way for each currency in each place is different

Of course, you still need to consider safety when you want to find cheap exchanges. For example, Huobi is the sixth largest exchange in the world. I think safety is absolutely fine. If you want to use other platforms, it is also the same. You definitely need to find a well-known trading platform. Then the first safety is that you have to find the cheapest way. Another way to buy UST is that you can buy Luna first, then transfer Luna to your Terra Station app. Then swap Luna directly to UST. This is also one of the ways to buy UST.

But if you do this, there will be a risk of Luna price fluctuations. Today's teaching is almost here. If you have any questions, please tell me in the comments below. I will try my best to answer you. If this video is helpful to you today, or if you like today's teaching, remember to like it. Because a like will only take you 0.2 seconds. Okay, let's count the interest of Anchor. First of all, we can see from the platform that Luna has 4657 million, which is the total base price of Anchor Protocol. And ETH has 446 million. The units here are all million, which is a million dollars.

From the Leo website, we can see that Luna's interest APR is 7.9% and ETH is 4.7%. Here we can calculate the revenue of the platform, which is 368 million and 21 million. The other profit is that the total borrower has borrowed 1,966 million. Then, using the 15.47% interest on the platform, we can get about 304 million profit. Then add these three together, we can calculate the total profit of DeFi is 693 million a year.

Next is the expenditure part. In total, 5,774 million USD is in the Anchor platform. The current APR interest is 17.5%. Note that this is APR. You can see that 19.5% on Anchor is APY. When we calculated the profit, we used APR. Here we also changed APY to APR. So 19.5% is about 17.5% APR.

The API is the amount of interest that the platform has to pay for the USD$1,000,000 each year to the USD depositors. So if we add these two numbers, we can get a total of $317,000,000 per year. So we can see that Anchor is now in a state of "not giving up". The amount of interest is now paid by Yield Reserve. Let's see, Anchor Yield Reserve has about $51,000,000 left. So theoretically, if these numbers don't change, Anchor's Yield Reserve will be used up soon.

There are two sources of this UR. One is that if this number is positive, it is green, it will store the money in UR. But today it is red, so UR will be less and less. Another UR income is that if today the mortgage is liquidated, 1% of the fees will be stored in UR. But we don't know how much this money is, so we ignore it here first. Let's calculate a state that can hold the money. If today our deposit APR is 12%, if the annual return is about 13 points,

our expenditure will become -693 million, and the total profit will remain the same, 693 million. This whole platform will maintain a new balance point. So in theory, from these numbers, the 12% APR interest can keep this platform in a long-term, healthy state. This is what I mentioned in the video before, 19.5% interest will not always remain forever. In this case, the 12% interest is a state that can continue to last forever.

But under this 12% premise, the borrowers and the depositors will continue to maintain the same reverse. Anchor will increase the new cryptocurrency base products of Solana and Cosmo in the next few weeks. The goal is to increase the demand for borrowing money. It also hopes that more and more base products will be added to the Anchor ecosystem in the future. Their ultimate goal, of course, is to keep the deposit interest as close as possible to 20%.

Of course, I personally think that this 19.5% APY will slowly go down in the next few months until it reaches a point where it can maintain this ecological balance. How specific it will be, no one knows. I talked about this risk in the last video. Okay, so what I said above is not an investment suggestion. The purpose of the video is definitely not to recommend you to invest or deposit money into Anchor.

To be honest, whether you use Anchor or not has nothing to do with me. The purpose of this video is to borrow Anchor, a DeFi ecosystem, so that interested friends can start to get to know crypto and DeFi. I think DeFi will become more and more mature in the future, and then become a very important financial system. I have mentioned many risks of using Anchor in the last episode. In the case of high returns, the risk is relatively low.

I suggest you to know the risks before you make any investment. Don't invest in risks that you can't bear. Let me know what you think in the comments below. If you think this is a scam or you are not sure, I suggest you not to touch it at all. Because no one can guarantee that your investment will be safe. I don't know what will happen to Anchor in the next few months. That's all for today. See you next time.