Layer 1 tokens have been in the spotlight lately, with AVAX on a tear while LUNA and SOL hit all time highs. As seen in the chart below, LUNA’s price appreciation has helped propel Terra’s TVL higher, making it the 3rd largest blockchain by this metric after Ethereum and Binance Smart Chain. Among all the protocols live on Terra, Anchor Protocol accounts for the majority of TVL. In this report, we’ll explore Anchor’s growth drivers and underlying mechanics to see what the future holds in store for the protocol.
Anchor Runs A Surplus After Adding bETHAug 24, 2021 · 6 min read
DISCLOSURE: DELPHI VENTURES AND MEMBERS OF OUR TEAM HAVE INVESTED IN LUNA & ANC. THIS STATEMENT IS INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY, AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.
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