Anchor Deposit Amounts

    The difference between deposits and withdrawals is easier to observe on this daily net change chart. In the last couple of weeks we've had significant amount of deposits added to the Anchor Protocol. The increase in the number of deposits most likely stems from:

    1. Increasing Maximum LTV on Anchor to 60 percent (7/12/2021)
    2. Increased confidence in the Anchor protocol because of replenishment of the yield reserve with ~70 million UST (7/13/2021)

    Analysis

    1. Before the May crypto crash, the deposits and withdrawals were neck to neck on most days.
    2. Even if the deposits were more on a particular day, the net difference were smaller compared to the last 2 weeks.
    3. In the last 2 weeks, there is a clear daylight between deposits and the withdrawals.
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