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The Truth About Anchor Protocol.
In today's video, I go over the truth about anchor protocol. This is a new platform that has been getting a ton of buzz lately. Anchor is promising yields of about 20% APY on stable coins which is an ...
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 ...
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 ...
Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26. ANC price went as high as ...
In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ...
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 ...
Lending protocols are one of the positive aspects of decentralization since, unlike a bank, both parties are getting value. Total value locked is an important metric to measure these protocols since ...
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 ...
A nearly 20% interest rate is unheard of in most of traditional finance. But that’s exactly what Anchor Protocol is promising people willing to deposit the crypto stablecoin UST into its decentralized ...
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