Anchor Protocol - A Look Into The Savings dApp On Its First Birthday
Mar 21, 2022
• 10
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Fellow Yield Farmers,
I hope the previous issues of DeFi Digest have laid some foundation in this fast-moving space that is Decentralized Finance. We’ve covered concepts such as money markets, decentralized exchanges, and yield sources/flows, teeing up this week’s analysis of Anchor Protocol nicely. Today also coincides with Anchor’s one-year anniversary of launching on Terra on March 17th, 2021.
For a recap of how UST algorithmically maintains its peg using LUNA, check out the previous issue of our crypto week...