Introduction

Anchor is one of best project In Terra and has more than 50% of TVL in terra.beside borrow and great community earn is best side of anchor. earn about 19.5% apy on stablecoin of It is something that can tempt anyone. until two week ago Anchor just available on Terra but now it available in Avalanche. in this article I want to review is Anchor on Avalanche has more TVL than Terra In last two week or not. so let's Start!

Assumption

for this article I assume some assumption do research according assumption here is my assumption:

• anchor earn page has two action : deposit and withdraw that deposit stake UST and earn aUST and withdraw burn aUST and send back UST
• terra1pw4qm09m256m3wz25n4whnuqck7rcn6wvvjzyj is smart contract for doing avalanche side of anchor
• rename deposit name and store data as earn
• didn't change withdraw name ( this has name redeem in anchor table)
• I get earn(deposit) and withdraw for avalanche from all tx has inctract with terra1pw4qm09m256m3wz25n4whnuqck7rcn6wvvjzyj contract and filtering action in wasm event type from Terra.msg_events
• terra side of anchor data provided from Anchor table (redeem and deposit table)
• start time of this queries are from 16/3/2022

goals

• compare amount deposit and withdraw in anchor from Terra and Avalanche
• find answer question does Avalanche has more deposits?

Does Anchor in both has same UI?

anchor in avalanche has red color as banner color (official color of avalanche)

but in terra has old famous look

another thing that noticeable in Anchor in Terra it has dark theme and can switch dark theme at bottom right.

Compare amount deposit and withdraw in both

at first step let's see statics of Anchor in terra since two week ago

in this two chart see amount of increase and increase define as earn - withdraw

at we see amount of deposit in each day growing and about 80M UST deposted in anchor at these two week and Its increasing slope is upward and I hope as time goes and more people find this GEM this amount has more increase.

in next step lets see this information in Terra side of anchor. honestly before I writing query about Anchor in Terra i thing anchor in avalache has so much lower value than terra and I just see dashboard you will see this gap but let's look at charts Do they confirm this claim?

let start with answer of question "does users has more deposit in avalanche in last 2 week"?

• no at all. in my opinion anchor has long way to access same amount of deposit that there is in Terra in other blockchain. but some thing is noticeable is in some days amount of withdraw is more than deposits and has loss some TVL and that interesting!.