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 ...
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 ...
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 reserves of Terra-based lending and borrowing protocol Anchor, which offers a supposedly industry-beating benchmark deposit rate of around 20%, are sliding fast as a result of the crypto market ...
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