Luna Foundation Proposes $450M Cash Injection to Boost Anchor DeFi Protocol Reserves

The Luna Foundation Guard (LFG) proposed on Feb 8 to replenish the Anchor Protocol yield reserves by $450 million. The Foundation is stepping in to help the DeFi lending and borrowing protocol keep it...

Exclusive sAVAX Integration by BENQI and Anchor

The integration will provide sAVAX tokens tremendous flexibility and utility, allowing users to decide what to do with their staked tokens and letting them do more with them. As part of this agreement...

Anchor Protocol Reserves Slide as Money Market's Founder Talks Down Concerns

The reserves of Terra-based lending and borrowing protocol Anchor, which offers a supposedly industry-beating benchmark deposit rate of around 20%, are sliding fast as a result of the crypto market cr...

LUNA Drops 20% As Investors Panic, What Is The Link With Anchor?

LUNA has been dropping sharply in the past few days, deeper than larger cryptocurrencies. As of press time, Terra’s native token moves on critical support barely above $50 with a 16.4% loss in the las...

Binance Lists Terra-Based Anchor Protocol, ANC Price Spikes

Alex Dovbnya The price of the native token of a Terra-based DeFi savings protocol spiked 5% after the listing Binance, the biggest cryptocurrency exchange in the world by reported trading volumes, has...