This week marked the launch of Anchor, a savings protocol on the Terra blockchain. Anchor’s main objective is to offer depositors stable interest rates and, ultimately, to become the “reference interest rate across the universe of blockchains.” Adding to the excitement, of course, was the fact 50M Anchor tokens were airdropped to users that staked Luna on Terra Station.
In anticipation, we published a brand-new Daily on how Anchor could impact the value of Luna and the greater Terra ecosystem. (Spoiler: we believe it’s currently misunderstood by the market.) Delphi’s own Yan Liberman wrote a thread summarizing the post, which was seconded by Terra’s founder Do Kwon:
(Disclosure: Delphi Ventures is an investor in $LUNA and $ANC.)
If you need a Terra refresher, we previously made this client-only overview of the ecosystem and Luna’s value prop.
Beyond the Anchor launch, we published several exciting interviews this week. The legendary Mike Novogratz joined us for a well-received Clubhouse interview. And in a strange twist of fate, Guy Lawrence—one half of the electronic music duo Disclosure—appeared on the podcast after Delphi analysts won a $140,000 Disclosure NFT auction. Both episodes are up on your favorite podcast app.
Anchoring The Market To A New Reference Rate by Jonathan Erlich and Jose Maria Macedo
Diem: Crypto Friend or Foe? by Kevin Kelly, CFA
Rari Revs Up by John Jimin Noh
As mentioned, we will continue to iterate on the design of our Delphi Debrief based on your feedback—so please let us know which section you enjoy the most and what else you’d like to see!
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