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Cosmos (ATOM), Polkadot (DOT), and Terra (LUNA) will be launching a new savings product to generate passive income.
This simple and convenient savings product is principal-protected and features a stable interest rate on stablecoin deposits.
Anchor is said to be released before the end of September and will be a strong competitor to other DeFi protocols like Maker (MKR) and Compound (COMP) which offer more volatile interest rates.
Interesting. I'll keep an eye on these projects.