Anchor Protocol (ANC)

IEO

Last updated: Feb 25, 2022

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

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Overview

Project industry	Blockchain Infrastructure / Terra Ecosystem
Product type	Protocol
Founded	Singapore
Whitepaper	Open
Onepager	Open

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.

Details

IEO (Binance Launchpool): Jan 26, 2022 - Feb 24, 2022
Token supply: 1,000,000,000 ANC
Total tokens for sale: 1,400,000 ANC
Raised: 20,000,000 USD