Thread by @coinbuildco

1] Why I believe Anchor Earn is the most important dApp in the $LUNA ecosystem:

🔻

2] Savings is necessary for everyone in the world and in the current low and negative interest rate climate, the low to middle-class are suffering the most. @anchor_protocol is the answer to low interest rates and inflation eating away at savings.

3] Total world broad money supply (M2) is $95.7 trillion which includes coins, banknotes, money market accounts, savings, checking, and time deposits.

visualcapitalist.com/all-of-the-wor…

4] Current TVL (total value locked) in @anchor_protocol is $1.45 billion of which $707 million is in $UST as deposits and $739 million in bLuna collateral. Total deposits in $ANC Earn represent .00074% of total M2 money supply.

#darkmode

5] Savings might be seen as "boring" in the #DeFi world but it has a huge addressable market. As more $UST is minted, $LUNA is burned creating a situation where $LUNA supply is shrinking. Less supply = $LUNA 🚀

6] The entire @terra_money ecosystem depends on $UST adoption and I believe Anchor Earn will be one of the most important pieces of the puzzle. This is why I'm such an $ANC bull and staking every airdrop and reward.

7] $LUNA imho is super underrated and we are all still very early in the game. I've gone down the rabbit hole and there's no coming back. Here's to $LUNA breaking $10 soon!