Anchor Protocol Adds $sAVAX as Collateral

Anchor Protocol, the Terra ecosystem fixed rate protocol, announced that $sAVAX has become a new collateral on Anchor. Users can now borrow $UST via Wormhole with $sAVAX as collateral through the xAnchor implementation of Anchor on Avalanche. In addition, Anchor has launched a new proposal to vote on whether to make $bATOM the next collateral on Anchor.