Anchor Protocol ANC
1. Summary
- Price
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$0.009501570000 -5.2%
- Market Cap
- $3.33M (#2495)
- Supply
- 350.39M / 1.00B
- Description
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Anchor Protocol
Anchor Protocol
Anchor Protocol is a decentralised finance (DeFi) protocol developed within the Terra ecosystem. As its name suggests, it aims to offer network users a system of collateralised loans. The protocol generates rewards for both the lender and the borrower, who is assigned an annual percentage rate (APR). Both operations involve the use of stablecoins, collateral, and tokens on the Terra chain.
Key Features
Anchor Protocol is structured to provide depositors with:
- High, stable yields on Terra stablecoin deposits
- Instant withdrawals through pooled lending of stablecoin deposits
- Principal protection via liquidation of loans at risk of under-collateralization
The protocol utilises bonded assets (bAssets), which are tokenized stakes on the Proof-of-Stake (PoS) blockchain. These assets symbolize ownership of staked assets, providing block rewards toolders while retaining liquidity and fungibility. Acceptance of these assets as collateral makes Anchor Protocol a strong and unique product.
Governance Token (ANC)
The Anchor Token (ANC) is Anchor Protocol's governance token. ANC tokens can be deposited to create new governance polls, which are voted on by users who have staked ANC. ANC tokens generate a buying pressure that increases proportionally with Anchor's assets under management (AUM). Protocol fees are used to purchase ANC tokens, which are then distributed as staking rewards to ANC stakers. The total supply of ANC tokens is 1 billion, with an ongoing distribution plan over at least four years.
Functionality
The protocol allows depositors to benefit from a low-volatility interest rate. To generate revenue, Anchor lends deposits to borrowers who use liquid-stake PoS assets from other blockchains as collateral. The diversified stream of staking rewards accrued to the global pool of collateral is then converted to stablecoins and distributed to the lender in the form of a stable yield.
| Price | |
| 52W High price | $0.02 |
| 52W High date | 28th Nov 2023 (11 months ago) |
| All Time High (ATH) Date | 19th Mar 2021 (3 years ago) |
| ATH Price | $8.23 |
| % From ATH | -99.87% |
| All Time Low (ATL) Date | 20th Jun 2023 (1 year ago) |
| ATL Price | $0.004802090000 |
| % From ATL | 123.64% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $66,963.00 |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Circulating Supply | 350.39M |
ANC
How does Anchor Protocol's (ANC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
44.4%
ANC
2.8%
Similar Market Cap
60 Day Return
5.0%
ANC
-8.0%
Similar Market Cap
1 Year Return
-2.4%
ANC
-1.2%
Similar Market Cap
We're monitoring 24 Anchor Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Anchor Protocol Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 111
Most Active Repos
| Past week | 23 |
|---|---|
| Past 12 weeks | 92 |
| Past year | 1616 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 230 |
| Past week | 2 |
|---|---|
| Past 12 weeks | 7 |
| Past year | 150 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 14 |
| Past year | 141 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 12 |
| Past year | 129 |
| Past week | 7 |
|---|---|
| Past 12 weeks | 13 |
| Past year | 124 |
Top Developers 2024
In total, 96 developers have contributed to Anchor Protocol over the past year. Who are the most active Anchor Protocol developers, by commits, over the past year?
Related Projects
Developers working on Anchor Protocol also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 2,462 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | 9,431 |
| Active Discord Users | 641 |
| Telegram Users | 11,329 |
| Twitter followers | 227,276 |
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
-
docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
-
docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
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docs.anchorprotocol.com/anchor-2/smart-contracts/liquidations/liquidation-queue-contract Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://anchorprotocol.com/ |
|---|---|
| Explorer | https://finder.terra.money/columbus-4/address/terr... |
| @anchor_protocol | |
| /r/AnchorProtocol | |
| Whitepaper | https://anchorprotocol.com/docs/anchor-v1.1.pdf |
What is the correct contract address for Anchor Protocol?
| Terra | terra14z56l0fp2lsf86zy3hty2z47ezkhnthtr9yq76 |
|---|---|
| Ethereum | 0x0f3adc247e91c3c50bc08721355a41037e89bc20 |
Has Anchor Protocol been audited for security?
No security audits found for this project.
Are you the owner of Anchor Protocol? Edit it here
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