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Algorithmic stablecoin

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Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%

April 28, 2023 admin Algorithmic stablecoin, Blockchain, community proposal, Divergence Protocol, do kwon, dynamic fee, News, stablecoin ecosystem, Terra Classic, Terra Classic proponents, Terra Phoenix, U.S. dollar, USTC, value peg

Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem

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News 

Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY

May 7, 2022 admin Algorithmic stablecoin, Anchor, anchor protocol, Anchor’s TVL, Annual Percentage Yield, APY, Avalanche support, DeFi, defi lending, defi platform, earn rate, earn rate change, Luna Foundation Gaurd (LFG), protocol’s yield reserves, semi-dynamic earn rate, Stablecoins, Terra, TerraUSD, total value locked, TVL, UST, UST deposits

Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi)

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