Since it launched in March of 2021, the token that powers Anchor Protocol has moved mostly in line with the values of other big coins. That means it’s a good bit off its all-time high. However, that ...
Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months. ANC’s price rebounded by a little over 42.50% between May 1 and May 6, reaching $2.26 ...
On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for ...
Anchor, the yield-generating protocol built on the Terra blockchain, saw some $5 billion of deposits, or more than a third of the total, vanish over the past few days in what is the equivalent of a ...
Anchor, a DeFi lending protocol, hit the headlines this week for its 20% yield on stablecoin UST. The high payout raised questions about the source of its yields and whether it is sustainable. Crypto ...
The recent collapse of the TerraUSD (UST) stablecoin caught the crypto market by surprise. For people who saw Terra as a more secure asset compared to other, more openly volatile cryptocurrencies, and ...
The contributors of Terra-based decentralized finance (DeFi) protocol Anchor have proposed cutting terraUSD (UST) rates to an average of 4% from the current 19.5% as the broader Terra ecosystem seeks ...
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