How to On-ramp into Anchor Protocol with Kado Ramp

Set Up Your Terra Wallet

You'll first need to download the Terra Chrome extension and create a Terra wallet to interact with any Terra ecosystem dApp. See Terra’s guide to download Terra Station and create a wallet.



Kado Ramp

Now that you've created your Terra wallet, you're ready to on-ramp! Go to ramp.kado.money website, enter the amount of UST you want to purchase, and click "Buy Now".



You will then be prompted to enter your Terra wallet address. Go back to Terra Station to find your wallet address where it says "Connect" in the top right corner, and copy.



Once you paste your wallet address and click "Buy UST", you'll be prompted to confirm your email address. Check your email for the 4-digit code, and confirm on Kado Ramp. Next you'll go through KYC as a first time user. Once you provide your information and pass KYC, you will not have to do this again as a returning user. For more info on Kado KYC, see here.

After passing KYC approval, you're ready to enter your payment information to complete the purchase of UST. Follow the instructions to connect your debit, credit card, or bank account.

Once you submit the purchase, you'll be prompted via email to confirm the transfer, which is a necessary last step to send the UST to your wallet address. After confirming the transfer via email, your UST should arrive in your Terra wallet within a few minutes.

Anchor Protocol

Once UST has been received in your Terra wallet, go to app.anchorprotocol.com, Anchor's website



The first step on Anchor is to connect your Terra wallet on the top right corner of the website.



Once your wallet is connected, navigate to the "Earn" tab. The Anchor Earn section is where you deposit your UST to participate in Anchor Savings. For more information on Anchor Protocol, see here.

Once on the Anchor Earn tab, click “Deposit” to enter the amount of UST you wish to deposit into Anchor Earn.



Once you submit your UST deposit, you will be prompted to sign the blockchain transaction by entering your wallet password.



After completing the transaction, you will receive aUST in place of your deposited UST. The aUST token raises in value at the Anchor Earn % APY rate shown.



You're now on-ramped into Anchor Savings! You can withdraw your UST at any time by navigating back to the Anchor Earn tab, and clicking "Withdraw" - this swaps your aUST back to UST.
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