News/Anchor Protocol Passes Proposal to Add $bATOM as Collateral

Anchor Protocol Passes Proposal to Add $bATOM as Collateral

Apr 06,2022,19:21
Terra Ecosystem Fixed Rate Protocol Anchor Protocol Proposal #22 which adds $bATOM as collateral has passed. According to this proposal, the maximum loan-to-value (LTV) ratio for $bATOM is set at 60%. $bATOM can be used as collateral on Anchor Protocol by onboarding wrapped $stkATOM to the Terra Ecosystem. Holders of $stkATOM earn staking rewards while maintaining the liquidity of their staked $ATOM.
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