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CoinGape 2022-03-19 08:31:34

Terra’s Anchor Protocol (ANC) Opens Vote On Possible Cut To 20% Yield

The Anchor Protocol (ANC), a Terra-based program that is currently one of the highest-yielding stablecoin platforms, opened a vote that could lower its nearly 20% annual returns. The community proposed a dynamic yield rate to help maintain the protocol’s reserves. Early voting results are mixed Terra founder expects yields to turn dynamic Second vote on The post Terra’s Anchor Protocol (ANC) Opens Vote On Possible Cut To 20% Yield appeared first on CoinGape.

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