Anchor Beyond Trading: Not Your Average Stablecoin – Liquid Blog
CCO of Anchor, Olya Moskalenko, discusses the main characteristics of Anchor stablecoin and explains what makes it different from the others >>
Anchor stablecoin launched on the Liquid exchange in August 2019. Anchor’s CCO Olya Moskalenko takes traders on a deeper dive into Anchor with a thorough analysis of our tokenomics, benefits for trading, and daily applications beyond trading. Contrary to many stablecoins pegged to various fiat currencies and thus liable to daily fluctuations, Olya explains the advantages of Anchor over other stablecoins and how ANCT remains stable with its non-flationary financial index, the Monetary Measurement Unit (MMU), to which it is pegged, as well as it’s two-token model that adheres to an elastic supply and demand principle. Beyond trading, Anchor offers other benefits to people using ANCT in a variety of everyday life situations such as: sending remittances, participants in the freelance economy, and savings for retirement and college. In order to find out more about the Anchor System and how you can prosper by using it, you can read the entire article here.
Title photo was taken from Liquid.