Therefore it’s fair to say, these digital assets are becoming more relevant for the crypto industry. We invite our students to speak with admission advisors or with lead faculty of their program to share openly and confidentially about their challenges. In order to help students with their academic challenges, we administer “At-risk” student survey via our faculty in the middle of the quarter. This survey helps us to identify at-risk students and implement a timely intervention plan. Those students who experience emotional and social are invited to talk to the VP. All new resident students are required to attend the University’s Orientation program so that they can also be familiar with the key members of the WUST community and institutional operation.
- Saber’s ‘Swap’ page also provides the options for USTw holders to swap USTw for other Solana stablecoins and vice versa.
- Once the transaction is confirmed on the Ethereum blockchain, your Shuttle ERC-20 UST or LUNA will have been converted to Wormhole USTw and LUNAw on Ethereum, viewable in your MetaMask wallet as simply UST or LUNA.
- Next, you will be taken to the Wormhole V2 migration page displayed below, which lists the migration-eligible ERC-20 UST + LUNA assets from your wallet that need to be migrated to USTw and LUNAw before transferring across Wormhole.
- Upon WUSD’s launch, users will be able to provide liquidity for the WUSD-BUSD trading pair and receive WEX emissions.
- Terra Bridge is the unified interface for sending Shuttle tokens between Terra, Ethereum, and Binance Smart chain.
The above sections summarize the steps necessary for the migration of Shuttle or Wormhole V1 assets, including UST and LUNA to Wormhole V2. Additionally, it provides an overview of transferring UST or LUNA from Ethereum, Solana, or BSC to Terra. Mercurial is a Curve-like stablecoin AMM pool on Solana that has roughly $189 million in TVL. Terra also recently collaborated with Mercurial on a join liquidity incentive program for the wUSTv1 Wormhole V1 wUSTv1/USDT/USDC 3Pool on Mercurial, allocating 24K in wLUNAv1 incentives to help bootstrap liquidity, which currently holds over $67 million.
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Once the transaction is confirmed on the Ethereum blockchain, your Shuttle ERC-20 UST or LUNA will have been converted to Wormhole USTw and LUNAw on Ethereum, viewable in your MetaMask wallet as simply UST or LUNA. If you have migration-eligible tokens (Shuttle ERC-20 UST or LUNA), the screenshot below will display the button “Go to Migration Page,” and you should click that button. The UI automatically connects to your MetaMask wallet and scans for “migration-eligible” assets, including Shuttle ERC-20 UST and LUNA. As part of the Wormhole integration, the ETHMirror contract will present a user interface that allows users to swap between Shuttle and Wormhole tokens.
The buybacks and lockup will contribute to the token’s price appreciation while bringing more trading volume and fees into the platform. However, if the price of WUSD does drop below $1, a percentage of emissions going from WSwap to the liquidity providers will inflow to WUSD’s treasury instead, thickening it during periods of volatility. On top of LUNAw rewards and trading fees, liquidity providers can earn SBR governance token rewards from the Saber farms program and a variety of yield aggregators.
Wormhole V2 for Terra — The UI Walkthrough
After selecting your UST token, with can follow Steps 5 to 6 from the previous section to migrate your UST tokens from Terra to Solana. Washington University of Science and Technology (WUST) students have access to all the Google suite applications to help with their education needs. Students have unlimited storage available for Gmail, Google Drive and Docs. With Terra → Solana Wormhole V2 support now live, #LUNAtics can easily port USTw to Mercurial’s new 3Pool using the Wormhole UI as outlined in the steps above.
Step by Step: How to Migrate $UST from Terra to Solana And/Or Convert Legacy wUST_v1 tokens to $UST (Wormhole V
Click the “Redeem” tokens button once the tokens have entered the bridge in Section 3 to redeem your UST on the Terra chain. On the migration page, select the number of tokens to migrate and click the “Migrate Tokens” button. You will be prompted to approve the transaction on your connected Solana wallet, and the Migration page will indicate the text at the bottom of the screenshot below once successfully migrated to USTw or LUNAw. If you hold wUSTv1 or wLUNAv1 on Solana, you can migrate your tokens to Wormhole V2 versions (USTw and LUNAw) using the Wormhole UI.
The mission of CSS is to provide all students with access to personalized academic support with the purpose of promoting student success and retention. The opposite will happen if WUSD rises above $1 on a 24-hour TWAP; The treasury will reduce its trading fees inflow by 0.15% down from 15% for every .001. If WUSD goes above $1.10, the inflow of trading fees would be 0%.
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Once your transaction is confirmed on the Ethereum blockchain, click the “Transfer” button. You will be prompted to confirm a second and final transaction on Ethereum. If you hold Shuttle ERC-20 UST and/or LUNA on Ethereum, meaning you’ve sent Terra assets to ETH using Terra Bridge, you can migrate your tokens to Wormhole versions (USTw and LUNAw) using the Wormhole UI.
Wault Finance’s New Stablecoin and Its Positive Effect on the Market
WUST is committed to provide reasonable accommodation to students with verified physical and learning disabilities. Accommodation and other support services are managed by the Academic and Student Affairs Offices and are tailored to meet the reasonable needs of each individual student. Individuals wishing assistance should contact WUST at the earliest time and prior to initial enrollment so that an appraisal of meeting the student’s needs can be determined. The individual with disability will be advised in writing of the specific available services (or limitation of services) that WUST can accommodate him/her.
Also, Wault Finance will invest idle funds into safe external protocols to generate yields on the treasury, expanding it to have enough power to endure any market volatility. For security and transparency, the treasury will operate with a Multi-sig and Timelock mechanism. If you would like to know where to buy WeTrust at the current rate, the top cryptocurrency https://cryptolisting.org/blog/how-do-blue-rhino-vs-amerigas-tank-prices-compare exchange for trading in WeTrust stock is currently Bancor Network. Please type the name of the credit card holder in English and type the student’s name in the “Payment comments” field when checking out. Browse and select the item(s) for payment and add to the shopping bag. Once completed, checkout using any major international credit card.
Follow the steps below to convert your wUST_v1 tokens to UST wormhole v2 tokens. This institution is approved to offer GI Bill® educational benefits by the Virginia State Approving Agency. As cross-chain uptake of UST in 3Pools, base pools on AMMs, and leveraged yield farming on Solana continues to accelerate, so will the value capture of LUNA as LUNA demand is a function of UST demand. Farming Side — supporting the USTw-USDC pools from Saber first and later Mercurial etc.
On Ethereum, BSC, and Polygon, the existing Shuttle versions of ERC-20 (ETH) and BEP-20 (BSC) have the tickers wUST and wLUNA. Recently though, cross-chain protocol Wault Finance has come up with a stable mechanism to introduce a new type of stablecoin, WUSD. Wault was launched in Q1, 2021 with under $150,000 in market cap, and has climbed its way up to one of the top platforms on the Binance Smart Chain (BSC) and Polygon ecosystems. AT WUST we do not have a qualified counselor on site, therefore, students experiencing social issues and requiring counseling are referred to external counselors. Although, WUST makes every attempt to comfort students, when requested by a student about such coping skills as life skills, personal financing skills, etc., WUST refers these students to external counselor. Admissions advisors maintain a list of counselors close to our campus.
Users can benefit from WaultSwap, the protocol’s DEX, a launchpad, and a liquidity locker, to both discover new projects and launch their own. Their stablecoin WUSD will operate with a commerce-backed mechanism to mitigate the limitations and trade-offs that affect other digital assets, which we will explore. At WUST we care not only about academic welfare but also social welfare of our students. We realize that many international students face various challenges when they first join to the US higher education system. Similarly, many US freshmen also encounter various challenges (emotional, alcohol, drug abuse, mental, social, academic and otherwise) when they transition from the primary to the higher education setting. WUST was founded from a deep commitment of founder Dr. David Sohn and his colleagues to transforming the world by providing a quality and most effective education to all individuals around the world.