we start seeing that happen?
With the juicy distribution APYs, users will get attracted by themselves.
I am just being devils advocate here. What happens if there is a big market correction that persists for 1-4 months. Borrowers getting liquidated causing a further decrease in LUNAs price. No new borrowers want to enter because of bear market and the yield treasury continues to be used to keep apy stable. Can we assume Anchor will step in and sell ANC to replenish yield treasury?
If that happens, people will get in borrowing because they believe that after some time LUNAs price will increases and their LTV ratio goes down.
How is the distribution apr paid out? in UST?
Обсуждают сегодня