Anchorage Digital revolutionizes DeFi voting for custody clients

Market Trends

Anchorage Digital's institutional clients can now vote on token proposals without expensive gas fees.

Anchorage will integrate Snapshot, a gasless multi-governance client for token holders to vote on proposals.

Decentralized protocols such as AAVE, Lido, and BitDAO use Snapshot to record off-chain voting.

Anchorage offers support for 60+ ERC-20 tokens and plans to extend support to upcoming tokens.

In October 2022, Anchorage expanded to Asia, partnering with Bitkub, DreamTrade, and FBG Capital, acknowledging the region's crypto adoption.

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