what situation? is something wrong?
http://www.mirrortracker.info/anchor
That’s what it’s supposed to do?
The Terra Foundation has to top up the reserve with 70M usd 6 months ago give or take. There is a deficit of 1.5M usd per day give or take
terra foundation doesn't have to top up. The yield reserve is essentially a marketing budget which enables anchor to be marketed as paying 19.5% or so, similar to how banks pay above market "teaser" rates to attract new customers. Anchor wasn't designed to pay 19.5% in perpetuity.
I agree. People say: "Hey i'm happ with my earnings. What matter ? Don't fud here". The matter is foundation does not have to feed yield profits. This is not sustainable.APY must go down or need to find out some other solution.
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