Luna continues outperforming the market thanks to a successful launch of its newest protocol built on it, Anchor. The savings platform offers the highest stablecoin APY at 20% on the UST stablecoin built on Terra.
Terra price boosted by the success of Anchor
The Anchor Protocol launch was a total success, and developers have already deployed the UST savings dashboard with a 20% APY. Additionally, users can also use LUNA tokens for collateral to take loans in UST
