UST Cauldron Update and New Opportunities
The Abracadabra protocol is moving all UST from the UST strategy on Terra, back to Ethereum in order to align with the current market situation and putting more attention towards liquidity and potential liquidations. The UST cauldron has been a popular stable coin product from the Abracadabra suite. We recognize the high demand from our community to find reliable yield farms for stablecoins. While the yield obtained from the current UST cauldron is coming towards an end, new cauldrons are ready to be launched simultaneously.