The Anchor Protocol is a savings protocol that was designed to run directly on top of the Terra stablecoin e-commerce payment platform. It enables users to earn yield-powered block rewards by lending Terra deposits to borrowers who use liquid-stake Proof-of-Stake (PoS) assets from PoS blockchain protocols as collateral in the form of bonded assets (bAssets). Anchor Savings has no minimum deposits, account freezes, or sign-up requirements and is accessible to anyone in the world who has Internet access.
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