What is ANC protocol?

The Anchor Token (ANC) is Anchor Protocol’s governance token . Users can deposit (or stake) ANC tokens to create new governance polls, which can be voted on by users that have staked ANC. ANC is designed to capture a portion of Anchor’s yield relative to Anchor’s assets under management (AUM).

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What protocol does Coinbase use?

Anyone, anywhere, can supply tokens to liquidity pools, trade tokens, or even create and list their own tokens (using Ethereum’s ERC-20 protocol). There are currently hundreds of tokens available on Uniswap, and some of the most popular trading pairs are stablecoins like USDC and Wrapped Bitcoin (WBTC).

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