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ANC
ANC
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Anchor is a decentralized money market built on Terra that offers UST (Terra's USD-pegged stablecoin) depositors a stable annual percentage yield (APY) of 20%. Borrowers can use bonded LUNA (bLUNA), Terra's native token, to collateralize UST loans. The protocol earns a return for the depositors by staking the LUNA collateral provided by the borrowers. ANC is Anchor's inflationary protocol token, granting holders governance rights as well as a portion of the protocol's earnings.
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ANC fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| private-sale | fundraising-$M | fundraising-$M | 2021-03-15 | Dragonfly,Pantera Capital,Galaxy Digital,Hashed,Alliance DAO,Arrington Capital,Alameda Research,Accomplices |
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- 2021-03-16Anchor Protocol raised $ 20 M in Private round
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