For those not aware, the value of $ANC is crucial to the current operations of @anchor_protocol in terms of it being the main incentive for borrowers through distribution apr.

We think we have a solution, this is gonna be a long one

$ANC 🧵👇 As a quick recap, the $ANC distribution apr is the sole reason to borrow right now.
Borrow apr is over 10% so without a high enough distribution apr, anchor quickly becomes an expensive place to borrow.