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A DeFi protocol is making the headlines for offering stablecoin depositors a nearly 20% annual percentage yield. Crypto analysts explain where the high interest comes from and how sustainable it is.
Anchor Protocol offers one of the simplest investment opportunities in the crypto space. And it does so without the volatility.
Anchor Protocol returned to its bullish form this May after plunging by over 70% in just two months before that.
Terra’s DeFi protocol for savers is burning through its savings account. Anchor is the DeFi protocol meant to offer a safe, predictable return for DeFi’s conservative investors. It’s widely ...
Anchor, the flagship savings protocol of the Terra Luna ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer.
Backed by industry heavyweights, a governance proposal for Anchor aims to make the largest DeFi protocol on Terra more sustainable.
Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4% The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST.