There are no really stable currencies for the time being. USD is definitely not as stable as we used to think. The sheer resources spent on maintaining the dollar’s purchasing power amaze: wars, crimes, bribes, fractional reserve banking, the list goes on…

Perhaps we cannot achieve any stability at all, and continue fooling ourselves, according to Nassim Taleb. This author posited the “black swan” concept, which holds that events are inherently unpredictable. After all, the only value an asset has is the value that the majority of people believe it has. Therefore, most current attempts to create stablecoins could be defined as “faith coins.”Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.

Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.