Anchor Protocol
ANC
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Anchor Protocol BasicReport a Data Error
Anchor Protocol Info
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Sector
DeFi
Anchor Protocol Intro
A stablecoin deposit with the lending and borrowing technology Anchor technology may yield up to 19.5%. Lenders may deposit their UST and profit from minimal volatility while also earning competitive rates on their investments. Borrowers have the option to convert their LUNA collateral into useful assets while maintaining ownership.
Thus, Anchor Protocol can draw conservative investors seeking high-yield, low-volatility investments and boost UST demand. This helps the Terra project's acceptance in DeFi and the adoption of UST as a stablecoin. The cost of LUNA will rise as Terra, whose creators are behind the introduction of Anchor Protocol, becomes more and more popularity.
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Anchor Protocol Price Live DataReport a Data Error
The live Anchor Protocol price today is $0.0111 USD with a 24-hour trading volume of 64024 USD. We update our Anchor Protocol to USD price in real-time. Anchor Protocol is -11.51% in the last 24 hours. The current SoSoValue marketcap ranking is # 99999, with a live market cap of $ 3,889,321.9 USD. It has a circulating supply of 350,389,360 ANC coins and a max supply of 1,000,000,000 ANC coins.
Anchor Protocol
ANC
#1301$0
-11.51%
Total dollar volume24H
$64,024
High24H
0.01261 USDT
Low24H
0.011 USDT
Market Cap
#1301$3,888,621
FDV
$11,098,000
Turnover rate
1.65%
Circulating supply
350,389,360
Total supply
1,000,000,000
Max supply
1,000,000,000
All time high
8.587 USDT
All time high date
Mar 19, 2021
Down from All time high
-99.87%
Cycle low
0.00445 USDT
Cycle low date
Jun 19, 2023
Up from cycle low
149.39%
Official links
Socials
Introduction
A stablecoin deposit with the lending and borrowing technology Anchor technology may yield up to 19.5%. Lenders may deposit their UST and profit from minimal volatility while also earning competitive rates on their investments. Borrowers have the option to convert their LUNA collateral into useful assets while maintaining ownership.
Thus, Anchor Protocol can draw conservative investors seeking high-yield, low-volatility investments and boost UST demand. This helps the Terra project's acceptance in DeFi and the adoption of UST as a stablecoin. The cost of LUNA will rise as Terra, whose creators are behind the introduction of Anchor Protocol, becomes more and more popularity.