LUNA is getting stronger and fortified its high yields as the Luna (LUNA) Foundation Guard has injected $450 million into the Anchor yield reserve with the current reserve sitting at above $503 million. In a new proposal, Anchor will include vote-escrowed (ve) tokenomics as part of a strategy to fix the depleting reserves issue on the protocol. With the latest cash injection, Anchor (ANC) will be able to maintain its high deposit rates of 19%-20% for the following year. Strong stablecoins returns, beat the banks by x20!!!
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Ah La Luna La Luna The night that we fell under the spell of the MOON! The light of La Luna And the rise of Terra Luna https://youtu.be/1RergWOAFoc :D
Nicely said and great song!