Money Market

This section describes provides a high-level overview of Anchor Protocol's Money Market contracts.

Even with a thorough understanding of Anchor Protocol, it is highly recommended to interact with Anchor through client channels such as the Anchor WebApp or Anchor.js.

Smart Contracts

Contract	Function
Overseer	Manages money market overalls, stores borrower information
Market	Handles Terra stablecoin deposits and borrows, ANC distribution to borrowers
Custody [bLuna]	Handles bLuna collateral deposits and withdrawals
Interest Model	Calculates the current borrow interest rate based on the market situation
Distribution Model	Calculates the borrower ANC emission rate based on the previous emission rate.
Oracle	Provides a price feed for bAsset collaterals