the collateral and borrowing doesn't keep up, how long will the yield reserve last before its an issue for anchor and the reserve gets depleted?
If the yield reserve were to keep depleting by $30K to $40K per day like now, it would completely deplete within 4-5 month (simple math). After the May crash, the yield reserve was depleting every day until mid August by 10k to 20k per day but never at this pace before.
300-400k. Not 30-40
Thanks. Corrected the typos.
Yeah something needs to be done to balance things out in Anchor to make the protocol sustainable. I'm sure TFL has some smart people working on a solution. It just getting a little worrying at the current rate we are going though the yield reserve and the rate the deposits are growing
Well, i guess we'll finally see whether that "built to last 5-7 years" thing is founded
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