NEW: Terra_money’s popular DeFi platform anchor_protocol is launching on Polkadot’s AcalaNetwork. 0x_bae reports
in crypto assets, according to DeFiLlama. The protocol’s sky-high 19.5% yield has made it the most popular DeFi protocol on Terra.
More recently, Anchor has expanded into other base-layer blockchains after seeing massive growth on its native Terra. Last month, Anchor launched on the layer 1 blockchain Avalanche. Polkadot also appears to be building out a host of stablecoin integrations, announcing earlier Wednesday thatThe Festival for the Decentralized WorldThe leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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