Decentralized money market

Anchor Protocol (ANC)

Anchor is a decentralized money market built on Terra that offers UST (Terra's USD-pegged stablecoin) depositors a stable annual percentage yield (APY) of 20%. Borrowers can use bonded LUNA (bLUNA), Terra's native token, to collateralize UST loans. The protocol earns a return for the depositors by staking the LUNA collateral provided by the borrowers. ANC is Anchor's inflationary protocol token, granting holders governance rights as well as a portion of the protocol's earnings.
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Project Info

Price: Not available

Market Cap: Not available

FDV: Not available

Total Funding: 20000000

Token Launch: Not available

Contract: Not available

Investors:
Galaxy Digital Alameda Research Pantera Capital Hashed Dragonfly Alliance Arrington Capital

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Anchor Protocol