Introduction

Welcome to the developer documentation for Ethereum-side Anchor. This documentation outlines the tools to interact with Anchor Protocol using wrapped Terra USD (UST), an ERC20-compliant token representation of UST on the Ethereum blockchain.

Instead of depositing native UST to acquire Anchor UST (aUST), interest-accruing proof-of-UST-deposits, clients can deposit wrapped UST to their EthAnchor Account Contract to receive wrapped aUST (ERC20-compliant token representation of aUST on Ethereum). By holding on to wrapped aUST, clients can accrue the interest generated on their wrapped UST deposits.