Anchor Primary Issue & Allocation
Anchor’s two-token economy is comprised of the Anchor Coin, the system’s main currency and payment token, and the Dock Token, the system’s utility token, issued as a corrective and stabilizing measure against downward market trends.

In the Primary Issue, the first $600M worth of Anchor Tokens, the system’s main currency and payment token, will be issued and placed in the Mirror Vault, the account that will be used to store the primary issue.

The corresponding first $600M worth of Dock Tokens, the system’s utility token, will be distributed to validators, investors and other stakeholders in the Presale Phase, and placed in the Mirror Vault Queue.

These batches of Dock Tokens will be exchangeable for Anchor Tokens one for one, from the primary issue deposited in the Mirror Vault, on their respective release dates.

Read more about the primary issue, allocation model and how the Mirror Vault on page 27 of the Anchor Whitepaper.

Buying Anchors in Presale
Validators
21 batches of $3M worth of Dock Tokens (i.e. 0.5% of the Dock Tokens in the Mirror Vault Queue) will be reserved for the system’s Validators: 20 batches will be offered to reputable entities (typically coming from different countries, except for global/transnational or multinational organizations, or in case of high-profile/high-reputation organizations) at the price of $2M, while the remaining one batch will be reserved for the Anchor Company. A Validator Candidate can purchase only one Batch of Dock Tokens.

These batches will be released (i.e. converted to Anchor Tokens) according to the following timeline:

TGE: $0.5M worth of Dock Tokens converted to Anchor Tokens
TGE + 3 months: $0.5M worth of Dock Tokens converted to Anchor Tokens
TGE + 6 months: $0.5M worth of Dock Tokens converted to Anchor Tokens
TGE + 9 months: $0.5M worth of Dock Tokens converted to Anchor Tokens
TGE + 12 months: $1M worth of Dock Tokens converted to Anchor Tokens
Investors
More than one quarter of the primary issue will be offered to investors, based on the terms outlined below:

The Minimal Presale Investment is $50,000
The Presale Discount on Dock Tokens is 30% against the redemption value for Anchor Tokens on their release dates. For instance, if an investor pays $700,000 for Dock Tokens, they will receive $1 million in Anchor Tokens when the Dock Tokens are redeemed on their release dates.
These batches will be released (i.e. converted to Anchor Tokens) according to the following timeline:

TGE: 20% of Dock Tokens are converted to Anchor Tokens
TGE + 4 months: 20% of Dock Tokens are converted to Anchor Tokens
TGE + 8 months: 30% of Dock Tokens are converted to Anchor Tokens
TGE + 12 months: 30% of Dock Tokens are converted to Anchor Tokens
Validators who wish to hold more than their allotment of Dock Tokens, can purchase more as investors under these same conditions.

Get In Touch
Telegram - https://t.me/theanchorprojectcommunity
Facebook - https://www.facebook.com/theanchorio/
Twitter - https://twitter.com/theanchorio