4min chapter

FYI - For Your Innovation cover image

The Terra Blockchain with Do Kwon

FYI - For Your Innovation

CHAPTER

Anchor Is a Savings Account on the Terra Block Chain

anchor is a, call it savings account that you can get off the terra block chain. Instead of getting point five %, which is roughly what you can get in adeveloped country these days, the interest rate on anchor is 20%. The yield comes from putting this money into staking positions,. It could be a variety of them, but to day, it's on terra only, right? Or luna.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode