ANC acts as Anchor Protocol

Indications have emerged that users of the largest DeFi platform on the Terra network, Anchor Protocol, have voted in favor of a proposal that limits the protocol’s functionality to prevent

Governance sets the “Anchor Rate” the “Anchor Rate” is the target APY anchor seeks to pay out to depositors. A quorum of ANC gov token holders vote to set the `Anchor Rate` parameter.

ANC acts as Anchor Protocol's governance token, used to vote on polls. Voting power is given proportional to the vote's amount of staked ANC. Voters are able to allocate a specific amount

ANC holders that stake ANC

ANC holders that stake ANC tokens are eligible for participate in Anchor Governance. Through the GOVERN page's Polls section, stakers can vote on created governance proposals, guiding

Anchor Protocol users come together following new governance

The Anchor protocol defines a money market between a lender, which seeks to earn stable returns on its stablecoins, and a borrower, which seeks to borrow stablecoins on stable assets.

Anchor Protocol

How Anchor Protocol Works: WHAT THEY DON'T TELL

Anchor Governance - Anchor Protocol

Anchor Protocol (ANC), one of the hardest-hit projects in the Terra (LUNA) and UST crash, has revealed that the community has voted in favor of Proposal 29. As part of

Indications have emerged that users

Indications have emerged that users of the largest DeFi platform on the Terra network, Anchor Protocol, have voted in favor of a proposal that limits the protocol’s

Terra’s Anchor protocol users vote to halt ‘earning and borrowing’

[Proposal] veANC, Anchor Voting Escrow Tokenomics

This proposal aims to increase

This proposal aims to increase the utility of the Anchor token through the introduction of voting escrow tokens, also known as a vote locking model. This model took

Anchor Protocol Votes In Favor of Proposal 29; What does it mean?

Creating and voting on proposals - Anchor Protocol

The new proposal decided to

Overview - Anchor Protocol

The new proposal decided to decrease the high yield that is generated by the Anchor Protocol to enhance the sustainability of the platform and improve the functioning