Try Quests to earn cryptoANCHOR COLLATERALIZATION
The Anchor ecosystem has four sorts of users: depositors (lenders), borrowers, liquidators, and ANC liquidity providers. Oracle feeds are also essential for Anchor.Anchor Terra stablecoins can be borrowed using the BORROW page. Before creating a loan, the protocol requires users to give bAsset tokens as collateral. Borrowing can continue until the loan's loan-to-value (LTV) ratio hits the MAX LTV, which is computed based on the types of collateral, their values, and the deposit amount. Because loans with an LTV ratio greater than MAX LTV can be liquidated, it is critical for borrowers to regularly monitor their LTV ratios as collateral prices fluctuate.