1/ Anchor public announcement #3:
This one is about $ANCβs token distribution.
If youβve been frustrated by the whales always getting better deals than you, read through this thread:
3/ Terra is now in a position where it can be very selective about which investors we choose to work with β and all these investors are expected to add value to
0/ Highly recommend giving this post by @JonathanErlichL a read to understand all things @anchor_protocol. Thread below focusing on the impact on @terra_money.
Disclosure: Delphi Ventures is an investor in $Luna and $ANChttps://delphidigital.io/reports/anchoring-the-market-to-a-new-reference-rate/β¦
8/ Presale investors bought $ANC tokens at $0.10 per token, 6 mth cliff + 12 mth vesting thereafter.
We plan to list $ANC on Terraswap, Station, and the Anchor web app against $UST at $0.05 per token.
No lockups.
9/ But wait β is this just an elaborate scam to get more people to buy? Absolutely not. TFL will be using its entire $ANC airdrop proceeds to make the initial pools - this is expected to be significant.
10/ Weβve elected to do this because the small guy deserves a win - and small guys that win, in our experience, are the heroes that help networks become legendary.
And boy, do we need heroes to replace the Federal Funds Rate.
11/ Of course, none of this is investment advice.
And keep in mind that $ANC markets are expected to be __highly__ volatile in the beginning - don't ape in if you don't know what you are doing.
12/ For those of you that are down to take down the journey, we've published Anchor's official docs here so you can get comfortable with the user guides, courtesy of