I think the solution proposed here isn’t correct - Anchor should offer high stable yield without such strings attached. If someone needs to buy a volatile crypto - ANC - the high yield is by definition no longer stable, killing Anchor’s main selling point.
Having said that, it is important to figure out ways to grow ANC’s value; ANC is a key borrowing incentive, needed for the protocol to be mid-term sustainable. In Sep, 200 million ANC allocated to investors will start to flood the market - there’ll be increased sell pressure and the price could start going down even faster.
Given that ANC is yield-bearing (via gov staking), could it be allowed as borrowing collateral? This gives the token extra utility, and stimulates demand for borrowing to improve protocol utilization.