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re: Official CryptoTalk Thread
Posted on 8/28/21 at 5:41 pm to 21JumpStreet
Posted on 8/28/21 at 5:41 pm to 21JumpStreet
quote:I think so. Big DeFi ecosystem only getting bigger when Columbus 5 upgrade goes through in a couple weeks. They have the biggest algo stablecoin (UST) and as demand rises for UST and more are minted, an equal value in Luna is burned. The big run up recently coincided with the ability to use eth as collateral on anchor protocol, and in the near future they’re going to do the same with solana.
Do we need to start paying attention to this? Top 10 type?
1
Posted on 8/28/21 at 7:53 pm to OneMoreTime
I’ve been farming ANC since launch. Not sure it’s sustainable long term but I love the idea for a flyer play. Also you can’t beat negative borrowing rates
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