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Market Cap:
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CoinGape
2022-06-08 12:32:05

Terra’s Largest Defi Platform Plans To Wind Down After UST Crash

Terra’s Largest Defi Platform Plans To Wind Down After UST Crash

Terra’s largest DeFi platform, Anchor Protocol, has recently proposed freezing Anchor Earn and borrowing functions to protect it from attacks. Its community has finally voted in to decide its fate. Anchor was essentially ground zero for the UST crash, given that 70% of the stablecoin’s supply was locked into the platform. It registered one of The post Terra’s Largest Defi Platform Plans To Wind Down After UST Crash appeared first on CoinGape.

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