All Eyes on Anchor! Imminent Airdrop, Staking, Borrowing, plus news: SPY, LoTerra, and more

*Disclaimer: Terra Bites is not advice. Read more disclaimer below.*

Today's News Bite turned mostly into a chat about Anchor!

We talk more about:

- how Anchor adds a final puzzle piece to supercharge the crypto CDP model pioneered by Maker, Aave, Compound, etc.

- urgent: why & how to stake to get Anchor tokens in the upcoming airdrop, especially if your LUNA is stuck on some platform (here's looking at you, Voyager)

- the security audit work going on now and why it's essential

- why you might be excited not only about Anchor interest and rewards but also about the ability to borrow

Plus, some miscellaneous news:

- SPY (S&P 500) whitelisted on Mirror

- Seigniorage burn proposals currently passing

- LoTerra's updated tokenonmics

See the main Anchor slide and hear more by checking out the last discussion episode on YouTube: https://www.youtube.com/watch?v=YAAk9ytKMtc

***

Stay up to date with Terra Bites, the place to get news, interviews, and explainers on the Terra DeFi Crypto Ecosystem. Reach out to [email protected] or @TerraBitesPod on Telegram.

Vote for the Terra Bites validator using Terra Station or https://station.terra.money!

Follow us on Twitter at https://twitter.com/TerraBitesPod
Add Terra Bites to your favorite podcast app at http://terrabit.es

*Disclaimer: Terra Bites is for informational and educational purposes only. Nothing on this show is advice - no financial, tax, legal, or any other kind of advice. Nothing we say is an inducement to make a particular investment or follow a particular strategy. Anything you invest in is at your own risk; do your own research and consult with professionals.*