SOL & LUNA DeFi Explosion, Anchor & Lido Symbiosis Drives UST Demand
AUG 17, 2021 • 3 Min Read
Disclosure: Delphi Ventures and members of our team have invested in ANC, SOL & LUNA. 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.
Key Takeaways
As you might already have guessed, Anchor & Lido have a symbiotic relationship. Anchor has a new yield-bearing, lower vol collateral that it can offer to users, while Lido’s utility benefits from the new integration.
At the time of writing, the stETH that is deposited in the Anchor Vault contract is responsible for 6% of total stETH in circulation. That’s a lot in just a few short days!
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