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Terra injects 450M UST into Anchor reserve days before protocol depletion
The move is designed to maintain the stablecoin savings protocol’s lucrative yield of approximately 20% per annum.
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses?
Coinbase will pay users 4% interest on USDC holdings
The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June.
Better, faster, cheaper: How DeFi will kill the retail bank
The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game.
Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.
Luno Exchange Launches Interest-Earning Bitcoin Wallet
Users of Luno’s new bitcoin “savings wallet” can earn up to 4% interest per year, the exchange said.
BlockFi Now Offers a Crypto Deposit Account With Compound Interest
Cryptocurrency lending startup BlockFi has launched a deposit account that it says provides 6.2 percent compound interest annually.