Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY

Anchor Protocol's Earn Rate Adjusts for the First Time From 19.4 to 18% APYFollowing the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project started, Anchor Protocol’s earn rate is now roughly 18% APY for […]

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Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’

On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks to be more flexible, sustainable, and scalable.” Coinbase Now Offers Cardano Staking […]

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Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application

Anchor Nips at Aave's Heels as Defi Protocol Becomes Second-Largest Lending ApplicationWhile the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]

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Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

Defi Venture Xfai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger VerDecentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, […]

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YIELD App Launches Ethereum Fund, Gives Users up to 20% APY

YIELD App Launches Ethereum Fund, Gives Users up to 20% APYPRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH). Following a successful public launch and token listing (YLD), YIELD App can now offer its […]

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Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets

Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital AssetsThe mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more […]

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Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses

Stablecoin Savings: Circle Launches High Yield USDC Accounts for BusinessesTwo years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched an ERC20 token called USD Coin or […]

The post Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses appeared first on Bitcoin News.

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