Mars Protocol Added Anchor’s Governance Token $ANC as Collateral

The Terra Ecosystem Lending Protocol Mars Protocol has added $ANC, the governance token of the fixed-rate protocol Anchor, as collateral for lending. Users can deposit $ANC for potential yield and optionally use it as collateral to borrow TerraUSD ($UST) or Terra ($LUNA). Users can also deposit $UST or $LUNA and use it as collateral to borrow $ANC. Where the loan-to-value (LTV) ratio is set at 40% and the liquidation threshold is 50%.