Terra’s Largest DeFi Platform Just Cut Yield Rates, Here’s Why:

Anchor Protocol, the largest DeFi platform on Terra, recently reduced its annual yield rates in a bid to improve the platform’s sustainability. The move comes after users approved a proposal in March to introduce dynamic interest rates. Starting from May 1, the platform now offers a 18% annual return on investments, down from the nearly

The post Terra’s Largest DeFi Platform Just Cut Yield Rates, Here’s Why: appeared first on CoinGape.

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