Polychain Capital and Arca Prop Propose Adjustment to Anchor Protocol Yield to Ensure Protocol Continuity

Polychain Capital and Arca Prop have launched a proposal for the Terra Ecosystem fixed rate protocol Anchor Protocol, proposing a new stepped rate of return based on the number of UST deposits to ensure protocol sustainability. The proposal propose the following adjustments to the deposit rate paid on Anchor Earn: 1) Deposit amounts up to 100,000 UST: 19.56% APY 2) Deposit amounts above 100,000 and up to 500,000 UST: 17.50% APY 3) Deposit amounts above 500,000 UST: 10% APY. The current turnout for the protocol is 70.96%, with 54.74% of the vote weighted against.


In This Article

Latest News More More
Use TokenInsight App All Crypto Insights Are In Your Hands