122. [Hard] What Happens to the Loot
This dashboard looks at user activity on Anchor Protocol regarding claiming rewards/taking profit. On Anchor, there are two main ways to stake ANC tokens, LP pools and governance. When supplying ANC to LP pools, rewards accrue gradually and can be withdrawn at any time while leaving the supplied liquidity in the pool. As for staking ANC to governance, the rewards can only be withdrawn by removing all of the staked tokens, as rewards are automatically re-invested. I hypothesized that price changes of the ANC or LUNA tokens may cause a shift in users taking profit, so I first created a graph looking at the daily number of LP rewards claims versus the price of ANC and LUNA.