Review on Anchor by LUIS RIVERO R
Stable currency.
Stable token that according to its official site offers market stability in terms of its price to maintain its value.
The problem posed by solving is the volatility of cryptocurrencies, also taking into account the volatility of traditional fiat currencies.
Backed by smart contracts based on two value tokens, all the benefits obtained by the applications and profits are applied to the ecosystem to maintain its value in addition to its development, a special back-up fund is used to guarantee its price.
Pros
- Protocol and data difficult to understand.
Cons
- Low liquidity in the markets where it is available.
- No third party audit.
- Cofuse the information they establish to keep their price stable.
- Currently there are other more successful stable currencies
- Small backup community.
