Anchor Protocol (ANC)

Anchor protocol, a savings protocol offering low-volatile yields on Terra stablecoin deposits.

Whitepaper

Onepager

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Interest lvl

High

Updated: Feb 25, 2022

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User Rating

Highest

4.3/5 • 7 votes

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Ticker

ANC

Type

Utility-token

FoundedSingapore

Registration countrySingapore

Registration year2020

Office address80 Raffles Place #32-01, Singapore 048624.

Launchpads

Binance

What is Anchor Protocol

Anchor is a decentralized savings protocol offering low-volatile yields on Terra stablecoin deposits. The Anchor rate is powered by a diversified stream of staking rewards from major proof-of-stake blockchains, and therefore can be expected to be much more stable than money market interest rates. The Anchor community believes that a stable, reliable source of yield in Anchor has the opportunity to become the reference interest rate in crypto.