The rates on the protocol are determined and governed by staking rewards from major proof-of-stake blockchains. This is why they are currently one of the most stable and best rates in the DeFi market today. The lenders on the protocol are eligible for yields of about 20% annually. Lenders will invest their UST for huge rewards and benefit from the protocol’s low volatility offering. On the other hand, borrowers who bank on collateralizing their LUNA assets earn rewards while not giving them up. The native and governance token of the protocol is ANC.

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