Step by Step: How to Migrate $UST from Terra to Solana And/Or Convert Legacy wUST_v1 tokens to $UST (Wormhole V2)
Today we announced the launch of the new UST-3Pool in collaboration with the Terra Team. We have created this guide to help users migrate UST from Terra or convert their wUST_v1 tokens to UST (wormhole v2) tokens. Existing LPs of our current UST-3Pool can migrate their assets over to the new USTv2–3Pool to earn both $MER and $LUNA rewards.
You can either convert your legacy wUST_v1 tokens to the new UST wormhole v2 tokens or migrate UST directly from Terra. Learn how to do so by checking our guides below:
Step by Step Guide — Convert Legacy wUST_ v1 to UST (Wormhole V2)
Follow the steps below to convert your wUST_v1 tokens to UST wormhole v2 tokens.
1. Go to https://wormholebridge.com/#/transfer. Under “Source”, select “Solana”
2. Click on “Select Wallet” to connect with your Solana Wallet
3. Click on “Select a token” to search for legacy wUST_v1 tokens. You will see the warning note that “This is a legacy asset eligible for migration”. Select the token.
4. Click on “Go to Migration Page”
5. Enter the total amount of wUST_v1 tokens you want to migrate. Click on the “Migrate x Tokens” button.
6. Approve the transaction.
Congratulations! You have successfully migrated the legacy wUST_v1 tokens to UST (wormhole v2) tokens.
How To Bridge UST from Terra to Solana
Follow the steps below to migrate your UST from Terra to Solana.
- Go to https://wormholebridge.com/#/transfer. Under “Source”, select “Terra” and under “Target” select “Solana”
2. Click on “Select Wallet” to connect with your Terra Station Wallet
3. Select “UST” token from your wallet.
4. 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.
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Congratulations! You’ve successfully obtained UST (Wormhole V2) tokens. You can now deposit your UST tokens to the Mercurial USTv2–3Pool and earn MER and LUNA rewards!
Check out the pool here: https://mercurial.finance/pools/ustv2-3pool
