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Anchor Protocol: DeFi savings protocol on the Terra blockchain

“Despite the proliferation of financial products, DeFi has yet to produce a savings product simple and safe enough to gain mass adoption.” What rate is your bank currently giving you on your savings account? The average on the high-end is only 0.5%, and if inflation is 3% per year, your hard-earned money is losing value in the bank.

The post Anchor Protocol: DeFi savings protocol on the Terra blockchain appeared first on CryptoSlate.

Source cryptoslate.com

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