LUNA UST... My Favorite Part of Crypto is Dying

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3 years ago
1

UST depegging. Luna. Crypto crash.
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Anchor protocol is running out of lending, and this threatens crypto lending, crypto staking, and just about any crypto investing done through Anchor, but the good news is we’ll be fine.

Anchor will continue to lower their rates until either the market picks up or they stop burning so much cash. At minimum this would be in the 7-12% range. Which is still a great return, even for crypto lending and staking.

For now, I will be sticking with Anchor and seeing how things pan out for these new kids on the block. People are taking notice of Terra’s success and they’re replicating the strategy.. This competition will only be good for us.

Anchor protocol
Crypto lending
Crypto staking
Near protocol
Terra luna

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