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Much has been said about anchor yields this past month. Meanwhile: - Every eyeball on crypto has been glued to the yield reserves - Daily active wallets up 10x YoY @ 20k, highest usership in DeFi - Largest lending market in Defi This is exactly what I wanted, anon.

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Do Kwon

@stablekwon

Mar 13

Every umbrage you take adds more eyeballs to $UST and leads $BTC and $Luna to be market bought You are helping the Terra Protocol to be the biggest stacker of sats in existence So thank you anon, please keep going.

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Do Kwon

@stablekwon

The Anchor Rate will likely adjust to something dynamic like this, where the yield reserve is favored to operate at surplus in long term: forum.anchorprotocol.com/t/dynamic-anch But it will happen at #Lunatic terms, when soon there are no defi farms left to conquer

forum.anchorprotocol.com

Dynamic Anchor Earn Rate

Update:: delta param removed due to coding complexity and added a maximum and minimum gov param for the rate, meaning a floor and ceiling in which the rate can’t move past. As xAnchor cross-chain...

11:52 PM · Mar 13, 2022Twitter for iPhone

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Carthago delenda est Guard your 1.2 apr stable farms well - or whatever remains thereof. We are coming for you.

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Lukcas

@Lukcas33177952

Mar 13

Why would you reduce it? It's a distribution phase. After 3 more years? It stops.

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Such a baller lol

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Nice. I like this idea. Now we can focus on new ways to keep assets flowing into the yeild reserve so we can make sure it always stays full enough to supply 19.5% .

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Glad we’re finally talking about this. Honestly I think 20% is to good to be true territory (Bernie Madoff vibes) and scares people alway. A 10-15% apr will still top the competition, offer long term stability and bring in more users.

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Ok so then it’s confirmed that Rémi tweet for 2yrs of 20% is largely bullshit. You’re already talking about market rates and other defi farms being gone as an indicator - clearly this doesn’t take 2 years.

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when do we talk about a fixed fee is just benefiting the biggest wallets? Mirror anchor all the same process. Same for airdrop and governance acceptance fee. Same any amount given. Doesn't make sense. Luna should invent the system better and not copy the mistakes from before.

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It did get a lot of us to stake/restake ANC in order to vote :D I fought it, also not against it or similar later in time. Other ANC changes/upgrades as is that come first.