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Ankr reviews

Average rating of 46% based on 8 reviews.

Founded 10 years ago in 2014.

Decentralised exchange.

Reviewed by Yunis
18 October 2022 (Updated 23 February 2024)

Ankr Crypto Platform

Ankr protocol was created in 2017 in partnership with Chandler Song, an engineer from Amazon web services, and Ryan Fang, an investment banker from Morgan Stanley. Ankr decentralized protocol was found with the purpose of increasing the efficiency in the DApps and blockchain infrastructures. It makes the claim come true by providing a base (infrastructure) that operates globally distributed nodes in more than 50 Proof-of-Stake networks. Furthermore, compared to the other cloud providers, Ankr provides the nodes at a low cost.
 
Ankr works on the Ethereum network. Ankr is the governance token in ERC20 standards in the Ankr platform. Ankr tokens can be used in payment and access, staking, and voting for the system.
 
Another goal of the Ankr platform is to support Web3 infrastructure. Web3 is a decentralized World Wide Web concept which is controlled by small computer groups in blockchains instead of big private companies. Web3 seems to be the inevitable future of the internet. For this reason, Ankr is taking an important step by providing faster and more reliable Web3 infrastructure.
 
There are a great number of utilities and products in the Ankr ecosystem. These are RPC service, advanced APIs/SDKs, gaming SDKs, AppChains, liquid staking, Ankr Scan, and Enterprise solutions.
 
ANKR connects the multi-chains and provides users connections to blockchain technology and DeFi applications. The ANKR team states that as the DeFi, the metaverse, decentralized gaming and the other Web3 projects keep progressing, The ANKR keeps playing a key role by providing crucial infrastructure for that progress.
On July 1, 2022, one hack problem was reported about the ANKR system. 
 
Two Ankr RPC gateways for accessing Polygon and Fantom have been compromised. As soon as the hack situation was reported to ANKR, the team directed Polygon and Fantom users to two alternative RPC endpoints. After a while, Ankr confirmed that the affected RPC gateways have been fully restored.

Pros

tick $63,682,428 USD currently invested (TVL)
tick Investments in 5 coin pairs available
tick Supports 5 protocols including Ethereum, Binance Smart Chain and Avalanche C-Chain

Cons

cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users

Ankr Staking Yields

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Columns
  Product Yield Chain Term Yield Yield Trend TVL TVL Trend
ANKRAVAX
6.77%
6.77% APY
Avalanche C-Chain
Instant Access
6.77%
6.77% APY
$302,532
ANKRFTM
6.73%
6.73% APY
Fantom Opera
Instant Access
6.73%
6.73% APY
$188,239
ANKRMATIC
3.97%
3.97% APY
Polygon
Instant Access
3.97%
3.97% APY
$512,096
ANKRETH
3.63%
3.63% APY
Ethereum
Instant Access
3.63%
3.63% APY
$52,434,315
ANKRBNB
2.05%
2.05% APY
Binance Smart Chain
Instant Access
2.05%
2.05% APY
$10,135,233
No matching yield products found

Ankr Reviews

Based on a total of 8 reviews across the web for Ankr we gave the platform an overall rating of 46%.

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Ankr YouTube Reviews

Ankr Scams, Frauds, Hacks and Blunders

2 Dec 2022
1 Jan 1970

Ankr Key Data

Company
Year founded 2014
Decentralised tick Yes
Key People
Chandler Song
Co-Founder and CEO
Ryan Fang
Co-Founder
Stanley Wu
Co-Founder & CTO

ALooking at reviews from across the web, Ankr has an average review score of 46% based on 8 reviews.

Useful Links

Ankr Contact Details

https://www.ankr.com/

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