Anchor Protocol officially launches semi-dynamic yield rates
On May 2nd, Terra ecological fixed interest rate Anchor Protocol officially launched its semi-dynamic return rate, currently 18%. The interest rate of Anchor Earn is dynamically adjusted monthly according to the value change of income reserve, with the lowest APY of 15% and the highest APY of 20%. The interest rate will be updated approximately every 388,068 blocks or monthly, depending on the block time.
Rhythm previously reported that on 24 March, Anchor Protocol's proposal to adjust fixed rate to semi-dynamic rate was passed.