Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

add an encyclopedia entry for Anchors #307

Merged
merged 5 commits into from
Feb 28, 2024
Merged
Show file tree
Hide file tree
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 1 addition & 1 deletion docs/anchoring-assets/anchor-platform/index.mdx
Original file line number Diff line number Diff line change
Expand Up @@ -3,7 +3,7 @@ title: "Overview"
sidebar_position: 10
---

The Anchor Platform is the easiest and fastest way to deploy anchor services compatible with [Stellar Ecosystem Proposals (SEPs)](https://github.com/stellar/stellar-protocol/tree/master/ecosystem).
The Anchor Platform is the easiest and fastest way to deploy [anchor services](../../encyclopedia/anchors) compatible with [Stellar Ecosystem Proposals (SEPs)](https://github.com/stellar/stellar-protocol/tree/master/ecosystem).

The goal of the Anchor Platform is to handle all Stellar-specific functionality and requirements for running an anchor, allowing businesses to focus on the core business logic necessary to provide these services.

Expand Down
Original file line number Diff line number Diff line change
@@ -1,27 +1,24 @@
---
title: Overview
sidebar_position: 10
title: Anchors
---

import { CodeExample } from "@site/src/components/CodeExample";

## What is an anchor?

An anchor is a Stellar-specific term for the on and off-ramps that connect the Stellar network to traditional financial rails, such as financial institutions or fintech companies. Anchors accept deposits of fiat currencies (such as the US dollar, Argentine peso, or Nigerian naira) via existing rails (such as bank deposits or cash-in points), then sends the user the equivalent digital tokens on the Stellar network. The equivalent digital tokens can either represent that same fiat currency or another digital token altogether. Alternatively, anchors allow token holders to redeem their tokens for the real-world assets they represent.

Stellar has anchor services operating worldwide. View the [Anchor Directory](https://resources.stellar.org/anchors?) for more information on existing Stellar anchors.

Anchors can issue their own assets on the Stellar network, or they can honor assets that already exist. To learn about issuing assets, check out the [Issue Assets section](https://developers.stellar.org/docs/category/issue-assets).
Anchors can issue their own assets on the Stellar network, or they can honor assets that already exist.

You can set up an anchor by using the SDF-maintained [Anchor Platform](../anchoring-assets/anchor-platform), which is the easiest way to deploy an anchor service compatible with Stellar Ecosystem Proposals (SEPs).

This documentation will instruct you on how to become an anchor. To understand how to integrate anchor services into your blockchain-based application, check out the [Build Apps section](/docs/building-apps/example-application-tutorial/anchor-integration/setup) and [Connect to Anchors section][/docs/category]. If you’re looking specifically for MoneyGram Access, see the [Integrate with MoneyGram Access tutorial](https://developers.stellar.org/docs/tutorials/moneygram-access-integration-guide).
Learn how to integrate anchor services into your blockchain-based application by viewing the [Build Apps section](../building-apps/overview.mdx). If you’re looking specifically for MoneyGram Access, see the Integrate with MoneyGram Access tutorial.

## Stellar Ecosystem Proposals (SEPs) and interoperability
### Stellar Ecosystem Proposals (SEPs)

Stellar is an open-source network that is designed to interoperate with traditional financial institutions, various types of assets, and other networks. Network participants implement Stellar Ecosystem Proposals (SEPs) to ensure they can interoperate with other products and services on the network. SEPs are publicly created, open-source documents that live in a [GitHub repository](https://github.com/stellar/stellar-protocol/tree/master/ecosystem#stellar-ecosystem-proposals-seps) and they define how asset issuers, applications, exchanges, and other service providers should interact and interoperate.
Stellar is an open-source network that is designed to interoperate with traditional financial institutions, various types of assets, and other networks. Network participants implement Stellar Ecosystem Proposals (SEPs) to ensure they can interoperate with other products and services on the network. SEPs are publicly created, open-source documents that live in a [GitHub repository](https://github.com/stellar/stellar-protocol/tree/master/ecosystem#stellar-ecosystem-proposals-seps.mdx) and they define how anchors, asset issuers, applications, exchanges, and other service providers should interact and interoperate.

Read more about SEPs in the [SEPs section](https://developers.stellar.org/docs/fundamentals-and-concepts/stellar-ecosystem-proposals).
Read more about SEPs in the [SEPs section](../fundamentals-and-concepts/stellar-ecosystem-proposals.mdx).

As an anchor, the most important SEPs are [SEP-6]: Programmatic Deposit and Withdrawal, [SEP-24]: Hosted Deposit and Withdrawal, and [SEP-31]: Cross Border Payments API. You’ll also work with [SEP-10]: Stellar Authentication, [SEP-12]: KYC API, and [SEP-38]: Anchor RFQ API.
For anchors, the most important SEPs are [SEP-6]: Programmatic Deposit and Withdrawal, [SEP-24]: Hosted Deposit and Withdrawal, and [SEP-31]: Cross Border Payments API. You’ll also work with [SEP-10]: Stellar Authentication, [SEP-12]: KYC API, and [SEP-38]: Anchor RFQ API.

[sep-1]: https://github.com/stellar/stellar-protocol/blob/master/ecosystem/sep-0001.md
[sep-6]: https://github.com/stellar/stellar-protocol/blob/master/ecosystem/sep-0006.md
Expand Down
6 changes: 4 additions & 2 deletions docs/glossary.mdx
Original file line number Diff line number Diff line change
Expand Up @@ -7,7 +7,7 @@ sidebar_position: 110

A central Stellar data structure to hold balances, sign transactions, and issue assets.

See the [Accounts section](./fundamentals-and-concepts/stellar-data-structures/accounts) to learn more.
See the [Accounts section](./fundamentals-and-concepts/stellar-data-structures/accounts.mdx) to learn more.

### Account ID

Expand All @@ -17,6 +17,8 @@ The public key used to create an account. This key persists across different key

The on and off-ramps on the Stellar network that facilitate one-to-one conversion of off-chain representations to and from tokenized assets, for example, digital tokens representing bank deposits.

Read more in the [Anchor Encyclopedia entry](./encyclopedia/anchors.mdx)

### Application (app)

A software program designed for users to carry out a specific task (other than operating the computer itself).
Expand All @@ -41,7 +43,7 @@ The fee you’re willing to pay per operation in a transaction.

This differs from the Effective Base Fee which is the actual fee paid per operation for a transaction to make it to the ledger. When the network is in surge pricing mode, the effective base fee varies based on an auction mechanism. When it's not, the effective base fee defaults to the network minimum currently at 100 stroops per operation.

Learn more in our [Fees, Surge Pricing, and Fee Strategies Encyclopedia Entry](./encyclopedia/fees-surge-pricing-fee-strategies)
Learn more in our [Fees, Surge Pricing, and Fee Strategies Encyclopedia Entry](./encyclopedia/fees-surge-pricing-fee-strategies.mdx)

### Base reserve

Expand Down
Loading