Anchor, AG Information

Anchor is a new cryptocurrency introducing a truly stable peg of value for the first time on the global crypto-market. Anchor is modeled as a two-token system consisting of the Anchor coin, the system’s currency and the Dock, a collateralized utility token that is used to insure system stability. Anchor is addressing one of the biggest issues in the global economy – how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation. Anchor aims to solve the problem of liquidity, guarantee and trust on a global scale and thus tackle these burning issues directly, with the introduction of stability facilitated by the purchase of sovereign debt as the backing for the token. Additionally, Anchor goes a step further than other cryptos, and proposes a solution for the systemic issue of instability in the financial markets in general – we have devised an innovative and universal monetary value measurement standard, in the form of a proprietary mathematical algorithm which we are calling the Monetary Measurement Unit (MMU). MMU will be a truly stable numerical value, regardless of local market dynamics, because it will reflect the true dynamics of the global economy based on real data and represent its actual monetary value. The MMU will be recalculated in real-time whenever pertinent data is available. In light of this, Anchor’s value will be pegged to the MMU directly, providing a stable and dependable unit to store and preserve monetary value, as opposed to crypto and fiat currencies that are more susceptible to fluctuation as a result of market forces and the volatility of global and local economic landscapes.