Arrington XRP Capital: Why should we bet on Anchor?

Rhythm BlockBeats news, recently, encryption investment institutions Arrington XRP Capital released a research report "Resurrecting The Saver: Walking Tall With Anchor", The project investment by The fixed rate agreement Anchor was analyzed, and The content covers The end of The storage and The rise of The central bank currency history, encryption, fixed interest rates in The new era, and why The Anchor three most worthy of attention.

As mentioned in the report, due to the macro environment caused by quantitative easing and record low interest rate, the yield of the traditional financial sector has been immeasuably suppressed and weighed down. Anchor aims to capture the growth of cryptocurrency ecosystem and provide users with fixed income. The project combines DEFI yield and POS return to create a new mechanism, "Anchor Rate", to achieve the goal of providing a stable Rate of return for lenders.

Over time, the agency believes Anchor Rate will become the reference Rate for Defi's investments (blockchain passive income). According to Anchor, Luna will be the borrower's initial collateral when Anchor launches, and it will integrate assets including Dot, Atom and Sol. "If Anchor Rate can become DEFI is the risk free Rate, it will set the stage for a new era of crypto fixed collection, with markets and tools that no one could have imagined."

Currently, Arrington XRP Capital owns stakes in Luna, Mirror, Anchor and affiliate payments company Chai, according to the disclosure.

As previously reported by Rhythma, Anchor Protocol has closed a $20 million funding round from investors other than Arrington XRP Capital, Also included are Resigma Ice, Hashed, Galaxy Digital, Pantera Capital, AngelList founders Naval Ravikant, Defi Alliance, Delphi Digital, Dragonfly Capital, Jump Trading, Alameda Research, Ideo Colab Ventures and Rockaway Blockchain Fund, etc. According to Do Kwon, the project's founder, Anchor token ANC was sold to these early investors at the price of $0.10, with a linear unlock.

Further reading:Terra CEO: What are Anchor, Mirror, and Chai, and how do they work?

Link to the original report

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia