Terra luna - Anchor Borrows and Deposits
How have the average and total borrows and deposits on Anchor changed over time? The Total borrow and the lent amount across the terra ecosystem mainly from anchor protocol is on the rise, mainly due to its stable 20% APY, and robust tokenomics from anchor token. With this rise in the total locked value due to borrow and deposits, more market participants flock towards the anchor protocol, in turn creating the demand for UST stable coin, which is one of the fastest growing stable coins in the whole crypto space.