April 11, 2022
After a successful governance vote ending on Earth Date April 9, 2022, Anchor Protocol tokens (ANC) are now available for depositing and borrowing on the Red Bank!
Humans and extraterrestrials everywhere can deposit ANC for potential yield and optionally use it as collateral to borrow TerraUSD (UST) or Terra (LUNA). Users can also deposit UST or LUNA and use it as collateral to borrow ANC.
The following risk borrowing and lending risk parameters apply for ANC:
Thank you to all members of the Martian Council for participating in the vote! Get started with ANC now at app.marsprotocol.io/#/redbank.
The future awaits.
This article does not constitute investment advice. Before interacting with Mars, review the project disclaimers here.
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