A guide on Anchor protocol, the people’s future bank.
In this article, I’ll cover how the Anchor Protocol earns you 20% and how you can participate in it today.
Before we go over Anchor, we need to understand how banks work. One of the core functions of a bank is to store money and lend out money. There will be customers who want to deposit money and there will be those who want to borrow money.
When we deposit our savings to a bank, the bank acts as a third party and lends that money out to people who need…
Writing about Defi applications