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Anchor ANC Issuance

Created Jan 19, 2022·735 views·0 replies·0 likes
David
Jan 19, 2022, 11:34 AM

Anchor protocol uses pretty aggressive token issuance to incentivize borrowing, as well as LPing the ANC token. This is described in this document:

The ANC issuance towards borrowers is defined by a rather complicated formula, described here:

The ANC issuance towards LPs was not defined in the documentation, as far as I could see.