ANC is the native token of the Anchor Protocol. Anchor is built on the Terra blockchain, a layer-1 blockchain using a delegated proof-of-stake consensus mechanism based on Tendermint. LUNA token holders can either stake tokens themselves to secure the network or delegate their tokens to other validators. ANC is available on the Terra blockchain as a CW-2 token as well as on the Ethereum blockchain as an ERC-20 token. What is Anchor Protocol (ANC)? Anchor’s open-source Savings-as-a-Service SDK can be integrated into 10 lines of code for any serviced application holding user balances. Anchor savings has no minimum deposits, account freezes, or signup requirements – it can be used by anyone in the world with access to the internet. Now, we shall consider the price analysis of Anchor Protocol (ANC) for the coming years. Flashback: Fundamental Analysis of Anchor Protocol (ANC). Anchor Protocol (ANC) will be launched on the Polkadot blockchain. This will be enabled by the Polkadot Acala and kanura parachains. This will help to increase the adoption of Anchor Protocol decentralized finance (DEFI) programs. With this, we should expect the price of ANC to increase soon since the token will be used to bridge between other blockchains like Terra and Ethereum. We shall now consider what charts are showing about the price analysis of Anchor Protocol (ANC). https://www.tradingview.com/x/8Xcosus7/ From the 1day chart above showing the Ema Ri...
