⚠️ In May 2022, the Terra blockchain suffered an attack knocking UST off peg and causing the price of LUNA to collapse below a penny. This episode was recorded before the attack so may contain inaccurate information. Up to date information on what happened can be found here.

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TERRA NFT DROP 🚀  In honor of our recent Terra episodes (including this one!) we minted a single limited edition copy of every BitLift NFT since episode #1 on the Terra blockchain! 

Update: Terra NFTs sold out within 24 hours!  See what's available for sale on the secondary market here.

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Today Josh and I are diving deep into the Anchor Protocol where you can earn a juicy 20% interest on your stable coins.  We discuss not only how to use Anchor,  but how it works, the dApp ecosystem being built on Anchor and we answer the questions on everyone’s mind “How the hell can they pay ~20% on your stable coins. And can it last?”

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🚀 Not Financial Advice
The hosts and guests of The BitLift Podcast are not registered financial advisors. The thoughts and strategies discussed are simply personal opinions and should not be treated as financial advice or a recommendation to make a particular investment. This show is for informational and entertainment purposes only.