Difference between revisions of "Anchor"

Anchor (view source)

42 bytes added , 09:40, 26 April 2022

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Revision as of 00:23, 26 April 2022 (view source) Moleman (talk \| contribs) (removed shill language in intro and added distro schedule) Tag: Visual edit ← Older edit		Revision as of 09:40, 26 April 2022 (view source) Eru (talk \| contribs) (image) Tag: Visual edit Newer edit →
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			[[File:Anchor.png\|thumb\|Anchor Protocol]]
	Anchor is a savings, lending and borrowing platform on the Terra blockchain. It offers an APY of up to 19.5% to stablecoin depositors and provides borrowers easy access to collateral-backed stablecoin loans. The platform was built by the South Korea-based Terraform Labs and launched on March 17, 2021. It was created in part to boost the overall demand for Terra's native stablecoin, UST. The current TVL of Anchor is over $15b.<ref>https://defillama.com/protocol/anchor</ref>		Anchor is a savings, lending and borrowing platform on the Terra blockchain. It offers an APY of up to 19.5% to stablecoin depositors and provides borrowers easy access to collateral-backed stablecoin loans. The platform was built by the South Korea-based Terraform Labs and launched on March 17, 2021. It was created in part to boost the overall demand for Terra's native stablecoin, UST. The current TVL of Anchor is over $15b.<ref>https://defillama.com/protocol/anchor</ref>