@anchor_protocol update: 1) Initial airdrop ~0.16 $ANC for every $LUNA staked. Then weekly airdrops over 2 years. 2) At genesis $bLuna will be the only asset accepted as collateral for accruing ANC rewards. As 69% of circ. supply is staked this will lead to LUNA supply crisis /1
4) Anchor provides 20% FIXED!! APR. This is by far the highest stablecoin yield in the market. Anchor is targeting retails clinets and is focused on mass adoption. Thanks to synchronization with @alice_finance & Saturn saving will be increadibly easy to do even for boomers /3
5) You'll be also able to borrow against Luna. Meaning you can borrow UST against your staked Luna (that’s earning $ANC for you), use that UST to buy more Luna and deposit it into Anchor to increase your farming yield. Although it's risky it provides great tax optimalisation.
/4
6) Anchor will definetely increase demand for UST which can be deposited to earn a guaranteed fixed yield. This wil lead to incredible $LUNA burning as whenever UST is minted corresponding LUNA need to be burned. @mirror_protocol + @anchor_protocol = burning of our lifetime🔥🔥
7) and finally this is why @d0h0k1 is kind of hero for me. He takes more care of small investors like us rather then big whales. The $ANC presale price for VC was x2 higher than listing one. Moreover VC have long vesting period so they will not dump on us within first 12 months.
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@anchor_protocol + tax optimise tip:
Do you want to know how Anchor reached 42M$ total borrow within only 24h? Then welcome to my tutorial. You will find out how to take best of protocol.
Before you proceed please bear in mind this is not a financial advice & please leave❤️
/1
First you need to create Terra Station Wallet and send there your $LUNA. Binance will take 0.02 LUNA fee for that.
Then go to app.anchorprotocol.com and connect your wallet. Now go to "Bond" option and mint bLUNA using your $LUNA. Choose any validator and click "mint".
/2
Next go to "Borrow" section -> app.anchorprotocol.com/borrow and provide $bLUNA as collateral. Proceed by clicking "provide". Congrats 👏. You've just provided collateral for your future UST loan.
/3
As some of you may know - I am early investor of such reputed projects like $LUNA and $AKT. Now I'd like to present you another fundamental coin which has simmilar tokenomics in terms of generating passive income. It's $SENT which going to have it's mainnet on March 27th.
/1
Why I am so bullish about $SENT? It’s not only a dVPN service, but also a whole network upon which anyone can build their own VPN company. Then a great % of all payments to all node providers will be redistributed among all $SENT stakers creating a passive income for them.
/2
Another source of income is block inflation rewards for stakers with simmilar model to @akashnet_. After migration from ERC-20 to Cosmos all stakers are supposed to receive 49 % APR for 6 months period of time and 42 % thereafter.
/3