Bitcoinist
2022-06-12 12:00:54

Terra Dev Claims He Raised Concerns Over Do Kwon Bumping Interest From 3.6% To 20%

The Wu blockchain took to Twitter, explaining that the initial interest rate of the Anchor protocol was initially 3.6% until Do Kwon rejected it. Then, the Terra founder bumped the interest rate to 20% one week before deployment. According to the report, Do Kwon, Terraform Labs Co-Founder and CEO decided the price to be at […]

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