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
What will the liquidity be? It's kinda like a lottery right? Super small chance to be one of the buys that slips through. Not that I mind, blessed with Luna but just wondering. Uniswap listing are always a mess with bots/slippage.