Anchor Protocol Passes Proposal to Add $bATOM as Collateral

Terra Ecosystem Fixed Rate Protocol Anchor Protocol Proposal #22 which adds $bATOM as collateral has passed. According to this proposal, the maximum loan-to-value (LTV) ratio for $bATOM is set at 60%. $bATOM can be used as collateral on Anchor Protocol by onboarding wrapped $stkATOM to the Terra Ecosystem. Holders of $stkATOM earn staking rewards while maintaining the liquidity of their staked $ATOM.