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THE ANCHOR SYSTEM
Anchor is a two-token, algorithmic stablecoin pegged to global economic growth.
Providing an alternative to fiat-pegged stablecoins, Anchor aims to remain stable regardless of any fiat currency’s strength, market fluctuations, or economic recessions. By leveraging the sustainable growth trend of the global economy, Anchor offers stable financial solutions to individuals, businesses, organizations, and governments.
Our vision is to create a stable platform for any crypto or traditional currency to peg their value to, and to be a cornerstone for price stability as a global currency and financial standard. Anchor’s core mission is to be a driver of global economic stability.
The monetary measurement unit
The Monetary Measurement Unit (MMU) is a non-flationary financial index representing the real growth of the global economy. The MMU takes into account the most up-to-date macroeconomic data to calculate the value of the global economy and mirror its sustainable and predictable growth trend.
The MMU’s proprietary algorithm utilizes a series of financial indicators, including GDP from 190+ countries each year since 1994, as well as forex (FX) indicators from a basket of currencies and premium sovereign bond yields from 10 of the world's strongest economies. By developing an algorithmically calculated financial index based on global GDP, Anchor has created a reliable financial standard and measure of value.
The stabilisation mechanism based on
Anchor consists of a two-token model composed of Anchor Tokens (ANCT), that serve as the main currency/payment tokens; and Dock Tokens (DOCT), the utility tokens that stabilize the currency ensuring ANCT remains pegged to the MMU, regardless of external market fluctuations.
DOCT cannot be used as a means of payment or transferred from one token holder to another, and can only be exchanged during Contraction and Expansion phases. Anchor’s elastic currency supply is regulated by the Contraction and Expansion mechanisms through which Anchor’s system will programmatically buy and sell, as well as burn and mint tokens in order to maintain ANCT’s price in equilibrium with the MMU.
ANCHOR TRADING COMMUNITY
Join the Anchor Trading Community on Telegram and get the latest tips for trading Anchor (ANCT).
ANCHOR ON SOCIAL MEDIA
Follow Anchor on your social media channels of choice and stay tuned to updates about the Anchor project, events, and news from the crypto sphere.