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What to do with Anchor Protocol in the long term?

Terra’s native stablecoin, $UST, is used as the basis for Anchor, a decentralized return protocol that provides users with a fixed annual return of approximately 20% on deposits made to UST. During the first week of February, a governance proposal called for the Luna Foundation Guard (LFG) to inject $450 million into the Anchor yield pool to keep yields high. This caused problems to the protocol. Due to recent downward...

DeFi, News

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What is Proof of Work (POW) in crypto?

The proof of work protocol, or Proof of Work, is the best known and oldest consensus protocol that consists of the parts of a network successfully carrying out computationally expensive work to access the resources of that network. Proof-of-work is one of the most widely used concepts within the crypto community, thanks to its success with Bitcoin. It is a very versatile tool that can be applied to many different scenarios. The...

Bitcoin, Cryptocurrencies, Ethereum, Glossary

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Supermoon Camp returns to Miami this April for Bitcoin 2022

Supermoon Camp 2022 will return to Miami from April 5-10 during Bitcoin 2022, bringing together crypto enthusiasts, influencers, and thought leaders under one roof with a “work hard, play hard” agenda. Supermoon Camp is an event for crypto leaders that will appear in different locations around the world during major crypto events. For a few days, Supermoon guests will live together, engage in bold talks, and attend Bitcoin 2022 events...

Bitcoin, Cryptocurrencies, Press release

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wonderland dao saga - Cryptopress

Wonderland DAO – The Saga of Defi 2.0

The saga of wonderland continues in what seems to be the most interesting and relevant story in the Defi world. This story includes death, fraud, cheating, liquidations, and huge losses. Also the hottest topics for this financial revolution that Defi represents, such as decentralization and governance. So let’s just jump down the rabbit hole: Olympus DAO creates the Defi 2.0 model by substantially modifying the liquidity...

DeFi, Featured, Main

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Binance has listed Anchor Protocol token ($ANC) on its platform.

Terra Anchor Protocol-Based $ANC Token listed on Binance

Binance, the biggest cryptocurrency exchange in the world by reported volume, has announced that the Anchor Protocol token ($ANC) will be listed on its platform. The exchange made the announcement today via a tweet. #Binance will list @anchor_protocol $ANC https://t.co/oFevO9BCkS— Binance (@binance) January 25, 2022 Anchor protocol also celebrated the news with a retweet. Love to see it. $ANC on @binance!...

Cryptocurrencies, DeFi, Exchanges, Front page

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