In this week’s episode, we interview Do Kwon, cofounder of the Terra ecosystem, which includes a payments network, a stablecoin, a lending protocol and a synthetic assets platform. We talk about how he was able to achieve what most crypto companies can’t: Get a broad non-crypto native user base. Terra’s Chai payments system, which uses the Terra stablecoin, has about…

Anchor Protocol will be targeting a 20% fixed annual yield on stablecoins—the highest fixed stablecoin rate to-date. Anchor, a newly launched low-volatility savings protocol by the Terraform Labs team, aims to achieve this 20% rate by passing borrowers’ staking rewards onto lenders, instead of charging a  borrowing rate. In other words, the borrowing cost equals…