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 ...
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 ...
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 ...
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 ...
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 considered ...
According to a press release, Acala and Karura, a Polkadot parachain, will expand Anchor’s collateral options for the UST stablecoin with Liquid DOT (LDOT) and Liquid KSM (LKSM). The teams also plan ...
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 ...
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 ...