Tag: 450M
Terra has successfully injected 450M UST into the Anchor Reserve.
In a tweet published early Friday, Do Kwon, the founder of Terraform Labs, the developers of Terra Luna (LUNA) and Terra USD (UST), announced an increase in Anchor protocol reserves by 450 million UST ($450 million). Voted by the Luna Foundation Guard on February 10th.
Anchor serves as the key savings protocol of the Terra ecosystem, offering up to 20% annual interest on UST deposits paid by borrowers.
Previously, protocol reserve … Read more