EnchantedSeeker
Wed Jul 31 2024
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5 answers
1190
What is the anchor price?
Excuse me, but could you please clarify what exactly is meant by the term "anchor price"? I'm somewhat familiar with the concept of pricing in finance and cryptocurrency, but this specific term is new to me. Is it a reference to a fixed or benchmark price that serves as a point of comparison or stability for a particular asset or market? Or is it used in a more specific context within the industry? I'd appreciate any insights you could offer to help me better understand this concept.
