About Anchor Protocol

Anchor is a savings protocol that offers stable yields with low volatility on deposits of Terra stablecoins. The Anchor rate is driven by a diversified stream of staking rewards from major proof-of-stake blockchains, making it more stable than traditional money market interest rates. We believe that a consistent and reliable yield in Anchor has the potential to become the benchmark interest rate in the cryptocurrency industry. The Anchor protocol facilitates a money market where lenders seek to earn steady returns on their stablecoins, while borrowers can borrow stablecoins by locking up collateral assets known as bAssets. Borrowers deposit stablecoins and secure loans based on the protocol's specified Loan-to-Value (LTV) ratio. The accumulated staking rewards from the collateral pool are ...