#Anchor yield is powered by steady staking rewards from multiple #PoS blockchains, offering attractive, low-volatile interest rates on stablecoin deposits
#ANCHOR is the reference interest rate across the universe of blockchains
The initial governance for this platform will come from the Interchain Asset Association (IAA), a newly formed organization that sees Zaki Manian of Cosmos, Jack Platts of the Web3 Foundation, and Do Kwon of Terraform Labs collectively steering the ship.
Principal protection: Anchor liquidates borrower collateral whenever a loan is at risk.
Instant withdrawals: Terra deposits are instantly withdrawable.
Stable interest rate: Anchor stabilizes the deposit interest rate.
Now the best exhibits of this crypto - collections appeared in the real world. They can be admired around the world by everyone who visits @arconametaverse, and can buy it if the owner is ready to part with digital masterpieces.
#KILT provides a base layer for verifiable credentials in Web 3.0 world, building a permissionless trust infrastructure for real-world business cases like #DeFi, genetics testing, cloud computing and energy partnerships, also exploring collaborations in climate change and gaming
As parachain Kilt would provide its #DIDs (Decentralised Identifiers) and Verifiable Credentials through Relay Chain to other parachains
KILT would soon be able to utilise functionality from other parachains, such as smart contract systems and oracles.