ANC(Anchor Protocol) Get Listed on XT.COM Trade to Share a Reward Pool of $10,000

Dear XTers,

We are honored to announce that ANC(Anchor Protocol) will be listed on XT.COM. ANC/USDT trading pair will be opened in Innovation Zone. Please take note of the following go-live schedule:

• Trading: 07: 30 on February 11, 2022 (UTC)

The deposit and withdrawal of NULS have not been opened yet. Please stay tuned for further announcements.

Concurrently, XT.COM will hold a trading competition, trade to share $10,000 prize pool. Specific rules as follows:

Time Period: 07:30 February 11 — 07:30 February 26, 2022 (UTC)

Activity: Hit the Top 300, Win a Share of 10,000 USDT!

During the campaign period, the top 300 users with the highest ANC/USDT trading value (buys + sells) that reaches 1,000 USDT will share $10,000 in USDT!

The rewards will be distributed as follows:

[Token ANC]

Anchor Protocol is a lending and borrowing protocol on Terra blockchain. It allows users to lend, borrow, and earn interest with their digital assets with an over-collateralized model.
ANC is the native token of the Anchor Protocol, with the following use cases:
Protocol Fees: Protocol fees (10%) are used to purchase ANC tokens, which are then distributed as staking rewards to ANC stakers.
Liquidity Mining: ANC rewards can be earned by staking LP tokens of the ANC-UST Terraswap pair.
Borrowing Incentives: ANC is used as incentives to bootstrap borrow demand and initial deposit rate stability. The protocol distributes ANC tokens every block to stablecoin borrowers, proportional to the amount borrowed.
Governance: ANC tokens can be staked to create new governance polls, which can be voted on by users that have staked ANC.

Website: https://anchorprotocol.com/

Blockchain Browser:

https://finder.terra.money/columbus-4/address/terra14z56l0fp2lsf86zy3hty2z47ezkhnthtr9yq76

Notes:

Rewards will be distributed within 5 working days to winners’ XT accounts after the event.

XT reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.

XT reserves the right to cancel or amend any activity or activity rules at our sole discretion.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. XT will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thank you for your support!
XT.COM Team
February 11, 2022

Trade on the go with XT.COM ’s mobile crypto trading app:

https://www.xt.com/app

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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.