> For the complete documentation index, see [llms.txt](https://docs.anchorprotocol.com/anchor-2/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.anchorprotocol.com/anchor-2/smart-contracts/money-market.md).

# Money Market

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

{% hint style="warning" %}
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](/anchor-2/developers-terra/anchor.js.md).
{% endhint %}

## Smart Contracts

| Contract                                                                              | Function                                                                       |
| ------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------ |
| [Overseer](/anchor-2/smart-contracts/money-market/overseer.md)                        | Manages money market overalls, stores borrower information                     |
| [Market](/anchor-2/smart-contracts/money-market/market.md)                            | Handles Terra stablecoin deposits and borrows, ANC distribution to borrowers   |
| [Custody \[bLuna\]](/anchor-2/smart-contracts/money-market/custody-bluna-specific.md) | Handles bLuna collateral deposits and withdrawals                              |
| [Interest Model](/anchor-2/smart-contracts/money-market/interest-model.md)            | Calculates the current borrow interest rate based on the market situation      |
| [Distribution Model](/anchor-2/smart-contracts/money-market/distribution-model.md)    | Calculates the borrower ANC emission rate based on the previous emission rate. |
| [Oracle](/anchor-2/smart-contracts/money-market/oracle.md)                            | Provides a price feed for bAsset collaterals                                   |