Conversation

Do Kwon

@stablekwon

Apr 18, 2021

20% savings on

@anchor_protocol

lookin pretty good huh CT app.anchorprotocol.com - this is ze way

546

hi! Is it inevitable that the 20% will go down over time once you get flooded with deposits?? How do I explain a vanilla saver the safety and risks of earning on the anchor protocol

Do Kwon

@stablekwon

Apr 18, 2021

It will go down as PoS chains start to bring down staking yields & LTV ratios on anchor become more competitive as pos coins exhibit less price volatility- but i expect this evolution to be over several years

Gaston Devrient

@polodevrient

Apr 18, 2021

Thank you! And as for the risks?

Do Kwon

@stablekwon

Apr 18, 2021

Smart contracts could fail due to unforeseen bug

RektLunatic

@rekt_lunatic

Apr 18, 2021

If there was some form of insurance for the UST, I assume adoption of this would be even faster. Isn’t there actually some more than 20% possible that could be used to fuel some insurance fund? Love all the stuff so far and can’t wait to see the next steps.

Do Kwon

@stablekwon

Apr 18, 2021

Give me ... 1 week

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Do Kwon

@stablekwon

Weekly tough Next week yes Looking for moderators

10:03 AM · Apr 18, 2021Twitter for iPhone

Replying to

Great mod and long-term supporter right here. 🤘

Replying to

I volunteer as tribute.

Replying to

any chance for people who stake LUNA for the immediate redelegation into bLUNA? On the drop like Today I would go all in with my staked LUNA and bought more for borrowed UST but need to wait 3 weeks to undelegate and God knows where we're gonna be in 3 weeks from now.