Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate -Breaking
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Do Kwon is being warned by anchor dev over the 20% unsustainable interest rateThe original intention of Anchor protocol was to offer a rate interest at 3.6%. But, it was dialed up just a few weeks before its release to appeal to more investors. A core developer stated in an interview to Korean media that the interest rate was raised to 20% to lure additional investors. outlet JTBC.
“I did not know that this would go out with such a high-interest rate. Set to 20% just a week before the release,” said the employee, referred to only as Mr. B in the Korean-language report.
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