Ethereum World News
2022-06-08 18:15:15

Terra’s Do Kwon Reportedly Rejected an Initial 3.6% Interest Rate on the Anchor Protocol

Key takeaways: Terra’s Do Kwon allegedly rejected an initial 3.6% interest rate on the Anchor protocol. Anchor’s interest rate was reportedly increased to 20% one week before the protocol went live. According to the designers of LUNA, the collapse of Terra was visible from the beginning. The founder of Terra (LUNA), Do Kwon, allegedly rejected an initial 3.6% interest rate on the Anchor Protocol. According to the team at WuBlockchain, the interest rate of 20% on the Anchor Protocol was […]

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