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We'll use @anchor_protocol for this (http://app.anchorprotocol.com).
For a $10,000 investment, you will earn:
Stablecoin interest isn't sexy but this is one of the easiest ways to get started with #DeFi..
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It's easy to mentally wrap your head around earning interest on #stablecoins, and the process will introduce you to using a crypto #wallet, #DEX, and #staking, which are critical pieces of any DeFi strategy.
Try it out. #wagmi
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Step 1: Buy $LUNA on an exchange like @binance / @gate_io
Step 2: Download Terra Station wallet as a chrome extension and set it up.
Step 3: Transfer $LUNA to Terra Station Wallet. (Some exchanges may not allow this- find one that will)
Step 4: Exchange $LUNA for $UST on @terraswap_io
Step 5: Go to Anchor protocol and stake the UST there (click Deposit under the “Earn” tab)
There's also a nice calculator there that will show you your expected interest per day / week / month / year.