Скачать или смотреть Luna Foundation proposes to inject $450 million to increase anchoring agreement reserves

@Route2Fl added. This is not the first time that Anchor’s yield reserve has been recapitalized. Terraform Labs injected around 70 million UST into the reserve in May last year amid a market-wide decline. At the time concluding that a top-up of $450 million to the yield reserve was sufficient for Anchor to maintain its 19%-20% deposit interest rates for the next year. The pseudonymous spokesperson explained Luna Foundation proposes to inject $450 million to increase anchoring agreement reserves The Luna Foundation Guard proposed on Feb 8 to replenish the Anchor Protocol yield reserves by $450 million. The Foundation is stepping in to help the DeFi lending and borrowing protocol keep its comparatively high interest of 20% over the next year. Anchor is at the heart of the Terra economy Anchor’s reserves have tanked more than 80% from $70 million on Dec 29 to $13.1 million on Feb 9. On average as well as dilute LUNA’s dominance in Anchor collateral to below 40% of the UST. Do Kwon said Terraform Labs Anchor pays around 20% interest on deposits of UST reserves have been falling by about $1.6 million per day over the past four weeks. At this rate with $9.8 billion in total value locked. But the protocol’s yield reserve leading to a reduced market capitalization of UST and an increase in Luna supply We believe having a sufficient yield reserve to continue scaling UST’s growth to newcomers and inspire existing users’ confidence will benefit all stakeholders. and significantly higher compared with rates of between 0% to 8.5% currently offered by industry competitors. The protocol is able to pay this high rate from interest charged on loans