Introducing Anchor Protocol (ANC) on Binance Launchpool! Farm ANC by Staking BNB, LUNA and BUSD Tokens

Fellow Binancians,

Binance is excited to announce the 29th project on Binance Launchpool - Anchor Protocol (ANC), a savings protocol offering low-volatile yields on Terra stablecoin deposits.

Users will be able to stake their BNB, LUNA and BUSD into separate pools to farm ANC tokens over 30 days, with farming starting from 2022-01-26 00:00 AM (UTC).

ANC Launchpool Details:

• Token Name: Anchor Protocol (ANC)
• Total Supply: 1,000,000,000 ANC
• Circulating Supply: 213,538,202 ANC (21.35% of total supply)
• Launchpool Supply: 2,000,000 ANC
• Block Explorer: Terra Blockchain Explorer
• Staking Terms: No upper limit. KYC required

Supported Pools:

• Stake BNB: 1,400,000 ANC in rewards (70%)
• Stake LUNA: 400,000 ANC in rewards (20%）
• Stake BUSD: 200,000 ANC in rewards (10%)
• Farming Period: 2022-01-26 00:00 AM (UTC) to 2022-02-24 11:59 PM (UTC).

ANC Farming Distribution

Please note:

• Snapshots of user balances and total pool balances will be taken each hour to calculate user rewards, which will also be updated each hour.
• Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.
• Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.
• Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.
• Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.
• Tokens staked in each pool and also any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.
• BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.

Project Links

Website: https://www.anchorprotocol.com/

Whitepaper: https://www.anchorprotocol.com/docs/anchor-v1.1.pdf

Telegram:https://t.me/anchor_official

Discord: https://discord.com/invite/9aUYgpKZ9c

GitHub: https://github.com/Anchor-Protocol

Twitter: https://twitter.com/anchor_protocol

Forum: https://forum.anchorprotocol.com/

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2022-01-25

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.