You are viewing a single comment's thread from:

RE: Anchor To Lower Its APY On UST For 1.5% Each Month?

in LeoFinance2 years ago

Anchor has a big deposit. If they are paying 200M per month, where is it coming from. The reserves are getting depleted. Surely it's not just a matter of printing more UST !

Sort:  

If they are paying 200M per month, where is it coming from.

Well I think this is answered in the post, but lets go over it once again. At the moment around 60M is from protocol earnings and 140M from the reserves.