It is currently the worst-performing cryptocurrency among the top 100 coins by market cap. Bitcoin and Ethereum are flatlining at press time. Binance Coin is up nearly 5%. Binance Lists Terra-Based Anchor Protocol, ANC Price SpikesThe significant drop comes amid growing concerns over the sustainability of Anchor, a lending and borrowing project on top of Terra. The protocol’s yield reserve recently dropped to $35 billion UST, shrinking by 50% in roughly one month.
Do Kwon, co-founder of Terraform Labs, recently tweeted that he was willing to subsidize the yield reserve in order to assuage investors’ concerns. He has hinted that he’s willing to inject up to $300 million, which could be a short-term solution. Anchor is still in the growth phase, and maintaining the most attractive yield in DeFi stable will strengthen that growth & build up moats.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Technical Analysis: Terra Luna Drops 20%, While Symbol Token Climbs on Friday – Market Updates Bitcoin NewsTerra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday's session. ETH BlueSparrow BlueSparrowtoken BlueSparrowCommunity BestDrawToken Bluesparrowcharity BlueSparrowETH web3 Bitcoin Terra-rized by FUD? Blocto Blt $Blt Crypto Btc Maximum Supply:500.000.000 Supply in the Market:50.000.000 Web3.0 0.90$ Mexcglobal FTX
Источник: BTCTN - 🏆 531. / 51 Прочитайте больше »
Bitcoin Volatility Continues: LUNA Dips 13% (Market Watch)Bitcoin's volatility struck again with a few more price fluctuations, while LUNA has dumped with double-digits since yesterday. Crypto market is fascinating. I like looking at trading on Finex or studying metrics There are some bright lights with Bitcoin's performance at spot rates. After fears of a possible plunge mid this week, the recovery from the $33k-$35k level has been impressive.
Источник: Crypto_Potato - 🏆 568. / 51 Прочитайте больше »
BNB Becomes Only Coin with Positive Performance as Crypto Market Bleeds Ahead of Financial Markets Opening$BNB is the only coin on the market showing positive price performance as the market enters another correction stage
Источник: Utoday_en - 🏆 295. / 63 Прочитайте больше »