Ankr Crypto Platform

Pros

$184,671,495 USD currently invested (TVL)

Investments in 3 coin pairs available

Supports protocols including Polygon, Avalanche C-Chain and Fantom Opera

Cons

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

Ankr Reviews

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.

Ankr Supported Currencies

Ankr supports over 4 currencies including Polygon, Fitmin Finance and Binance-Peg Avalanche.

Ankr Key Data

Company

Year founded	2,014
Decentralised	Yes

Key People

Chandler Song

Co-Founder and CEO

Ryan Fang

Co-Founder

Stanley Wu

Co-Founder & CTO

Useful Links

Ankr Contact Details