I write about fascinating cryptoeconomic designs.
Anchor Protocol - Cryptoeconomics Model (Is 20% yield sustainable?)
The Anchor Protocol is a Collateralized debt position (CDP) project on Terra. It facilitates lending and borrowing activities with attractive and sustaining (apparently!) yields. The token flow of Anchor Protocol is depicted in the images below. The flow starts with the Terra Station Wallet where a user can load the wallet with LUNA. This could be bought through an exchange or borrowed from the Anchor protocol itself. Here, the LUNA tokens could be burnt for UST and UST could be staked throug...
Anchor Protocol - Cryptoeconomics Model (Is 20% yield sustainable?)
The Anchor Protocol is a Collateralized debt position (CDP) project on Terra. It facilitates lending and borrowing activities with attractive and sustaining (apparently!) yields. The token flow of Anchor Protocol is depicted in the images below. The flow starts with the Terra Station Wallet where a user can load the wallet with LUNA. This could be bought through an exchange or borrowed from the Anchor protocol itself. Here, the LUNA tokens could be burnt for UST and UST could be staked throug...
