Anchor is a savings protocol built on Terra that offers low-volatility yields on Terra stablecoins like $UST.

Anchor’s money market allows users to borrow $UST on their bonded yield bearing PoS assets in the form of bAssets, up to 60% Loan-To-Value (LTV) before the protocol liquidates their collateral.

bAssets are liquid, tokenized representations of staked assets in a PoS blockchain. This allows stakers to gain liquidity over their staked assets.

More on Anchor Protocol: https://hellcatsnft.medium.com/wtf-is-anchor-protocol-and-how-it-pays-its-depositors-20-apy-on-ust-2127d3539957

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