49. Anchor Impact on UST

This dashboard looks at the growth in supply of UST before and after the introduction of the Anchor protocol in March of 2021. The growth in the supply of UST from two months before the release date of Anchor to it's release date was about 931,000,000. In comparison, the growth of UST from Anchors release date to two months after was about 1,032,000,000. While these numbers are relatively close, the introduction of Anchor could have led to a slight increase in the growth of UST, as the supply did grow slightly faster after Anchor was released. I think Anchor has solidified itself as an essential foundation protocol of the Terra ecosystem, as almost half of all UST is currently deposited in Anchor. In addition, it provides a relatively stable way of earning interest through cryptocurrency and DeFi.