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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…