Anchor Protocol ANC
$0.04766 0.83%
Latest Updates
Updated at 18:56$0
#6890
$230.47 46.71%
+$0.0004 0.83%
-$0.00119 2.49%
What about Anchor Protocol?
Anchor Protocol is an innovative lending and borrowing protocol that operates on the Terra Classic chain. It offers yields of up to 19.5% on stablecoin deposits, which are powered by staking returns of various proof-of-stake blockchains. Its primary focus is user-friendliness: the project has a sleek and highly intuitive interface, no minimum deposit and sign-up requirements, and so on. Being the project’s governance token, ANC can be used to vote on and propose ways to spend the community pool, change various parameters like LTV ratios, and more.
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