Where are vested UST going?

Hi Guys,

I am not sure how the Pylon launchpad really works behind the scenes… What happens to my UST which are vested? Are the going into a protocol or to the startup?


They are put in anchor (if you partecipate and watch your transaction through the finder, just to name an utility, you can verify it yourself) and the yeld is redirectred 80% to the project who is backing the gateway pool, 20% to pylon treasury. Till now that 20% was used for weekly buyback of MINE in the MINE - UST terraswap pool; after the polls about the treasury have been approved the buyback allocation is lower: the idea is to achieve a far better capital allocation.
I recall here hte two polls for clarity

They were discussed in this forum for quite some time.

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thanks for the information!