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1/ Important update on Anchor Protocol 🧵
With the passing of Prop 29, the community has decisively voted to limit Anchor’s functionality to prevent further attacks. Results here 👇
app.anchorprotocol.com/#/poll/29
Anchor Protocol
1,433 posts
Anchor Protocol
@anchor_protocol
Joined July 2020
- The Anchor Yield Reserves have received a $450m top-up and now sits at $507m.
- 1/ With the passing of Prop 20, Anchor will now implement a more sustainable semi-dynamic Earn rate! Let’s cover what this will look like 🧵
- 1/ Following @AcalaNetwork’s plans to join @wormholecrypto, Acala & the Anchor Protocol community will be working together to grow the decentralized stablecoin space through a variety of integrations spanning the @terra_money & @Polkadot ecosystems! 🎉🎉🎉 Anchor 🤝 Acala
- 1/ It’s happening – $sAVAX is now live as a new collateral option on Anchor! You can now borrow $UST via @wormholecrypto with $AVAX as collateral through the xAnchor implementation of Anchor on @avalancheavax
- Transaction fees on @anchor_protocol have decreased from 0.5 UST ➡️ 0.25 UST ➡️ now 0.05 UST. Pay minimal fees to claim airdrops 🎉
- 1/ December was Anchor’s best month yet with over $2.6B new $UST deposits. 🚀 The surge in deposits helped propel Anchor’s TVL over $10B just 9 months after launch. But that’s not the only thing that happened in December… 🧵
- We are thrilled to announce that we are partnering with @LidoFinance to launch bETH (wrapped stETH on @terra_money) -- now proposed to be whitelisted as a collateral option on @anchor_protocol! 🚀
- Frens! Prop 22 to whitelist bonded $ATOM ($bATOM) as collateral on Anchor Protocol is now LIVE. First $sAVAX & now $bATOM? 🤔 There may be a trend here… Vote here 👇 app.anchorprotocol.com/poll/22 Read the governance post here 👇 forum.anchorprotocol.com/t/proposal-onb…
- Replying to @anchor_protocol4/ bSOL and bATOM entered the auditing phase and will be added as collateral assets on Anchor Borrow in the coming weeks.
