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Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY

Post author:MiamiCrypto
Post published:May 7, 2022
Post category:Algorithmic stablecoin Anchor Anchor Protocol Anchor’s TVL Annual Percentage Yield APY Avalanche support DeFi defi lending defi platform earn rate earn rate change Luna Foundation Gaurd (LFG)protocol’s yield reserves semi-dynamic earn rate Stablecoins Terra TerraUSD total value locked TVL UST UST deposits

Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this…

Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote

Post author:MiamiCrypto
Post published:March 25, 2022
Post category:Aave Anchor Anchor Lending Anchor Protocol Anchor Protocol’s TVL Avalanche Avalanche (AVAX)DeFi defi lending Do Kwon dynamic earn rate earn rate Interchain Luna Foundation Proposal 20 Ryan Park Terra terra (LUNA)Terra BTC purchase

On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the…