If you truly believe in the future of cryptocurrencies and are looking to invest in a stablecoin that aims to become a financial standard — a medium of daily transactions that is available to the mainstream audience, you might want to purchase Anchor tokens. These tokens will preserve their purchasing power over time and will offer the holders several pathways into the world of blockchain payments for goods and services.
As you probably already know there are already several stablecoin projects around, and hundreds in preparation. Below are some advantages Anchor has over existing competitors:
The first big advantage is that the algorithmic economics mechanism makes Anchor more independent of market trends.
Anchor token has a safety net that ensures stability by leveraging six different mechanisms, making it stable in all predictable economic eventualities, such as global recessions.
Anchor token features a number of incentives for buyers. For example, buyers of Dock tokens (Anchor’s utility token that helps stabilize the system) will receive a preferential rate when they choose to convert back to Anchor tokens in the future. And, more importantly, the entire system is pegged to a reference unit that slowly appreciates over time.