Anchor System is a stablecoin deposit lending and borrowing protocol. Lenders may deposit their UST and collect interest on their investments while also taking advantage of low volatility. Borrowers can convert their LUNA collateral into valuable assets without relinquishing control.The Anchor ecosystem has four sorts of users: depositors (lenders), borrowers, liquidators, and ANC liquidity providers. Anchor also requires oracle feeders, which are essential for laying the groundwork.The protocol's native governance token, ANC, may be staked in exchange for voting rights and a say in Anchor's future. It has a total supply of one billion units. ANC tokens are also utilized as incentives to help boost borrow demand and maintain the original deposit rate. The system distributes ANC tokens according to the amount loaned to stablecoin borrowers in each block.