When Do Kwon established TerraForm Labs he revolutionised Decentralised Finance better known as De-Fi. He didn't want to change the financial system he wanted to beat it in a decentralised way.
Anchor Protocol which has been the flag ship protocol on Terra (Luna) Network continues to grow by enabling people to collateralise other network tokens and borrow against them.
With Ethereum, Atom and AVAX now available to be provided to borrow against, Solana is the next token to be brought across to Anchor which will see two competeing blockchains further battle it out.
Solana Image Source: Solana
Luna Chart Source: Coinhall
This is not financial advice and readers are advised to undertake their own research or seek professional financial services
鈻讹笍 3Speak
