The graph below shows the amount of bLuna and the amount of liquid LUNA. From the graph, we can see that the amount of bLuna is steadily increasing in amount, while the amount of liquid Luna + bLuna remains roughly the same. This increase in the amount of bLuna shows the growth of Anchor as a lending platform as more and more users are bonding their LUNA to take out a loan.

Anchor protocol allows users to bond their LUNA in order to provide collaterals for loans. These bonded LUNAs are called bLuna.

Introduction