DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap


< img src =""alt=""> A popular trade involves users transferring UST into the Anchor protocol, where the tokens are consequently pooled and provided out to interest-paying debtors. The accumulated interest is then distributed pro rata to all depositors, who expect to earn an annual portion yield (APY) of 20%.


Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Want To Stay Updated On the Latest Crypto News? Get the all the important news in Crypto, NFTs & all things Metaverse Instantly! No Yes

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.