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August 18, 2019, 08:57:24 PM |
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Stablecoin proponents believe this digital asset class is an essential “on-ramp” that will bridge traditional financial markets and decentralized ecosystems. In theory, stablecoins enable institutions to bring off-chain assets into on-chain environments, promoting stronger liquidity and confidence in crypto markets. 2018 research from crypto-event producer Blockshow speaks to this point, identifying stablecoins as a key driver for the rise of securities token offerings (STOs). Anchor token is designed to preserve purchasing power and steadily enhance monetary value over time.
Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.
Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.
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