Anchor Protocol
Updated
Anchor Protocol (ANC) is a lending and borrowing protocol on the Terra blockchain and the 29th project on Binance Launchpool. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security.
- i am following Anchor Protocol for a long time and what i see is a perma bullish trend, and have a good reason behind that :
- if you go to check on their website : app.anchorprotocol.com/gov
- You will notice that you can stack ANC for 9.65% APR but also if you use a collateral with UST ( TerraUSD), you will get 70.94% APR.
- You can also stake UST for 17%-24% APR ( 19.47% today )
- So for now not many peoples know about this project but the TVL is already around 14 200 000 000$.
DYOR to dig more and understand how they can reward so much purcentages ( Mechanic of borrowers pay lenders ).
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Trading parts :
- i do not recommend to Fomo on ANC now but just pray for a dip.
- if you want to be just a long term hodler, just buy direct and stake.
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Buy : 4$ to 3.8$
Rebuy : 3.3$ to 3$
TP1 : 5$ (ATH)
TP2 : 7$
SL : No Need
-----------------------------------------------------------------------------------------------
Happy Tr4Ding !
- i am following Anchor Protocol for a long time and what i see is a perma bullish trend, and have a good reason behind that :
- if you go to check on their website : app.anchorprotocol.com/gov
- You will notice that you can stack ANC for 9.65% APR but also if you use a collateral with UST ( TerraUSD), you will get 70.94% APR.
- You can also stake UST for 17%-24% APR ( 19.47% today )
- So for now not many peoples know about this project but the TVL is already around 14 200 000 000$.
DYOR to dig more and understand how they can reward so much purcentages ( Mechanic of borrowers pay lenders ).
-----------------------------------------------------------------------------------------------
Trading parts :
- i do not recommend to Fomo on ANC now but just pray for a dip.
- if you want to be just a long term hodler, just buy direct and stake.
-----------------------------------------------------------------------------------------------
Buy : 4$ to 3.8$
Rebuy : 3.3$ to 3$
TP1 : 5$ (ATH)
TP2 : 7$
SL : No Need
-----------------------------------------------------------------------------------------------
Happy Tr4Ding !
Note
1D View :
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