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24h Spot Volume$ 68.63B+71.9%
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Anchor Protocol

Anchor Protocol ANCPrice N/A

ANC Price

N/A

General Info

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# Inactive

Funds and Backers

Description

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

Anchor Protocol (ANC) Chart

Anchor Protocol price Index provides the latest ANC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 1.61B

Max Supply

ANC 1,000,000,000

Total Supply

ANC 1,000,000,000

All Time High

$ 8.08

19 Mar 2021


All Time Low

$ 0.000476

12 Jun 2025

Trending Anchor Protocol Fiat Pairs

What is Anchor Protocol (ANC)?

Anchor is a 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. We believe that a stable, reliable source of yield in Anchor has the opportunity to become the reference interest rate in crypto.

The Anchor protocol defines a money market between a lender, looking to earn stable yields on their stablecoins, and a borrower, looking to borrow stablecoins on stakeable assets. To borrow stablecoins, the borrower locks up Bonded Assets (bAssets) as collateral, and borrows stablecoins below the protocol-defined LTV ratio. The diversified stream of staking rewards accruing to the global pool of collateral then gets converted to stablecoin, and then conferred to the lender in the form of a stable yield.

Deposited stablecoins are represented by Anchor Terra (aTerra). aTerra tokens are redeemable for the initial deposit along with accrued interest, allowing interest collection to be done just by holding on to them. Anchor is structured to provide depositors with:

  • High, stable deposit yields powered by rewards of bAsset collaterals
  • Instant withdrawals through pooled lending of stablecoin deposits
  • Principal protection via liquidation of loans in risk of undercollateralization

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