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A little over a year ago, Panda made its debut. The debut was not soon after it was revealed that AOL was prepping to add massive waves of content. A content farm to end all content farms. Panda put a stop to that.
There was speculation as to how Panda may handle that.
As a prelude, the first anchor text action was an end to anchor text boilerplate repetition. And now the second wave has hit. An end to exact keyword matching in anchor text.
There were predictions early on and later some indications that exact match anchor text was going to be a casualty.
With Panda 3.3, exact match anchor text no longer carries the weight it once used too.
There was always the knowledge that varying anchor text and using descriptive phrases in the anchor text was a good thing.
Google could detect indications when a growing link profile was unnatural.
In Google patent - Document Scoring Based on Link-Based Criteria :
“ This indication may be strengthened if the growth corresponds to anchor text that is unusually coherent or discordant. This information can be used to demote the impact of such links.
So ongoing, some techniques to follow with your link strategy: