3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
Cointelegraph
Published Jul 06, 2020 06:00PM ET
Updated Jul 06, 2020 07:40PM ET
In a special announcement made at the Unitize conference on July 6, Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits.
The companies involved in the creation of Anchor plan to launch it across their respective blockchains at the end of Q3 this year and scale across to other PoS blockchains in the future.
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Written By: Cointelegraph
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