# Make ANC more valuable by giving premium yield only to ANC holders

**URL:** <https://forum.anchorprotocol.com/t/make-anc-more-valuable-by-giving-premium-yield-only-to-anc-holders/852>\
**Category:** Mechanism\
**Created:** [July 9, 2021, 1:12pm UTC](https://forum.anchorprotocol.com/t/make-anc-more-valuable-by-giving-premium-yield-only-to-anc-holders/852 "2021-07-09T13:12:58Z")\
**Posts on this page:** 1\
**Showing post:** 14

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**Author:** ![Kamil](https://avatars.discourse-cdn.com/v4/letter/k/94ad74/32.png) [@Kamil](https://forum.anchorprotocol.com/u/Kamil)\
**Post date:** [July 15, 2021, 8:49am UTC](https://forum.anchorprotocol.com/t/make-anc-more-valuable-by-giving-premium-yield-only-to-anc-holders/852/14 "2021-07-15T08:49:49Z")

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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.

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