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    Terra.Anchor.Dominance

    The Anchor Protocol actually acts as a money market between StableCoin lenders and borrowers. Lender users can deposit their stable coins on the platform and make money in return. Instead, Borrowers users can borrow stable coins by pledging sticky assets. These types of assets are considered bonded assets. The Anchor Protocol pays 24% of the annual staking profit in return for the deposit. In addition, loans are over-secured, which means that sticking bonuses are excessive and have high interest rates. Even, this system can produce a fixed 20% profit by adjusting the 20% efficiency.

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    Presumption:

    In this query, the dominance of Anchor token in active wallets is acquired. The active wallet in introduce as a wallet with at least 1 transaction in the last 30 days based on the explanation of bounty.

    According to the definition of active user(wallet), the total number of active wallets is calculated about 36.5k. Based on the previous bounties (Luna distribution Mvmt), the active wallets (users) are arranged to several buckets by their total USD balance including:

    • 0-100

    • 101-500

    • 501-1000

    • 1001-2000

    • 2001-5000

    • 5001-10000

    • 10001-50000

    • larger than 50000

    The total number of wallets in each defined bucket is figured in this chart. as shown in this chart, the number of wallets in bucket 0-100 is the highest one and the number of wallets in bucket larger than 50000 is the lowest one.

    The ratio of Anchor asset to total assets in each active wallet is presented in this graphic. It shows the exact ratio of Anchor to total assets for each buckets. The buckets with lower amount of USD have greater dominance compared to other buckets as shown in this graphic.

    The top 100 address are picked up based on the USD balance. For these addresses, the Dominance of Anchor asset to total assets are calculated and represented in this figure.