Anchor is a money-market smart-contract protocol similar to Maker, Compound and Synthetix, but it facilitates capital efficient lending & borrowing via the issuance of synthetic tokens (eg DOLA) & or tokens deposited into Anchor (eg borrowing tokens such as ETH).
Anchor launched on the 25th February 2021
The Anchor System Overview:
  • DOLA - the first tokenized synthetic asset issued by Anchor
  • Banking - Deposit assets and use them as collateral to borrow other assets
  • Stabilizer - mint & burn DOLA vs Dai at 1:1 price
  • Liquidity Pools (Curve, Uniswap, Sushiswap, Spookyswap) - for DOLA liquidity & stability
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