anchor protocol explained Archives - Top Crypto Game https://topcryptogame.com/tag/anchor-protocol-explained/ The latest crypto news! Thu, 12 May 2022 23:12:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png anchor protocol explained Archives - Top Crypto Game https://topcryptogame.com/tag/anchor-protocol-explained/ 32 32 Anchor Protocol: DeFi Money Machine on Terra LUNA https://topcryptogame.com/anchor-protocol-defi-money-machine-on-terra-luna/ https://topcryptogame.com/anchor-protocol-defi-money-machine-on-terra-luna/#respond Thu, 12 May 2022 23:12:03 +0000 https://topcryptogame.com/anchor-protocol-defi-money-machine-on-terra-luna/ Anchor Protocol is a decentralized money market. Built on the Terra blockchain, it offers high but low-risk yield on stable coins. Anchor uses the UST, Terra’s stable coin, which pegs to the USD. It is a popular project with a Total Locked Value of $9.9 billion. This puts it in the top 3 of most […]

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Anchor Protocol is a decentralized money market. Built on the Terra blockchain, it offers high but low-risk yield on stable coins. Anchor uses the UST, Terra’s stable coin, which pegs to the USD. It is a popular project with a Total Locked Value of $9.9 billion. This puts it in the top 3 of most popular DeFi protocols by TVL.

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⏱ TIMESTAMPS
0:00 Introduction to Anchor Protocol and Terra Labs
2:12 The Team
3:16 Value Proposition
5:45 Anchor Ecosystem
7:32 ANC Tokenomics
9:28 Competitors
11:02 Risks
12:38 Roadmap
13:08 Final Thoughts

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Mirror Protocol & 4 More Terra Luna projects Ready to Soar! https://topcryptogame.com/mirror-protocol-4-more-terra-luna-projects-ready-to-soar/ https://topcryptogame.com/mirror-protocol-4-more-terra-luna-projects-ready-to-soar/#respond Fri, 11 Mar 2022 15:14:44 +0000 https://topcryptogame.com/mirror-protocol-4-more-terra-luna-projects-ready-to-soar/ Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements. Terra’s native token, LUNA, is used to stabilize the price of the […]

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Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.

We look at 4 of the best projects in the Terra LUNA ecosystem: Anchor, Mirror Protocol, Nexus Protocol and Loop Finance.

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⏱ ⏱ ⏱ TIMESTAMPS ⏱ ⏱ ⏱
0:00 Intro to Terra LUNA DeFi dApps
2:03 Anchor ANC
7:21 Mirror Protocol MIR
9:58 Nexus Protocol PSI
12:00 Loop Finance LOOP

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βž– DISCLAIMER βž–
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

#Terra #Luna #MirrorProtocol

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