Terra Founder Discusses Plan to Tackle Anchor’s Declining Reserves as LUNA Tumbles 20%

Do Kwon, co-founder and chief executive officer of Terraform Labs, laid out a series of measures on Jan. 28 to tackle the issue of depleting reserves on Anchor, the lending and borrowing DeFi protocol built on the Terra blockchain. Sponsored Sponsored Anchor pays around 20% interest on deposits of UST, the U.S. dollar-pegged stablecoin native … Read more