Change in the average and total borrows and deposits on Anchor over time

    Anchor Protocol is a new protocol born in Terra that offers stable and attractive performance driven by the participation returns of multiple Proof of Stake blockchains and offers frictionless access and integrations. On the one hand, Anchor Savings has no minimum deposits, account freezes, or registration requirements. Anchor is a savings protocol offering low-volatile yields on Terra stablecoin deposits. The Anchor rate is powered by a diversified stream of staking rewards from major proof-of-stake blockchains, and therefore can be expected to be much more stable than money market interest rates. We believe that a stable, reliable source of yield in Anchor has the opportunity to become the reference interest rate in crypto. The bounty was taken from notion.so and the data is obtained from app.flipsidecrypto and SQL Programming language is used to retrieve the needed data.

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    Here's the plot of the total deposits and borrows that happened in the anchor platform.As the date goes the total amount deposited is getting high, Also the borrows have raised much of its value but on certain days they go back to their normal stage, But on average, a considerable increase is seen for these.

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    This shows the line graph of average amount deposited to the average amount borrowed ,where the amount is in USD,with the reference line.

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    The above graphs display the total amounts deposited and borrowed with the date along the x-axis.The amount has increased even twice and thrice and even more than that on certain dates.

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    The distribution shows the percentage of the whole amount that happen with borrows and deposits