Terra injects 450M UST into Anchor reserve days before protocol depletion

February 18, 2022

The move is designed to maintain the stablecoin savings protocol’s lucrative yield of approximately 20% per annum. In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ($450 million) into the Anchor protocol’s…
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