So in conclusion, UST will definitely be here for years to come and most of it are utilized in Anchor protocol. Currently, around 56% of UST supply are deposited into Anchor, so it is safe to say that Anchor is definitely an essential foundation protocol of the Terra ecosystem.

We can see the fractions of the total supply on the graph below. Since Anchor protocol introduction, the amount deposited has been increasing. It has increased much faster than the rate of UST issuance.

We will now take a look at the growth of percentage of UST being deposited into Anchor Protocol. For the month of March, it reach just below 10% but in June, it started rallying and in mid-August it has passed 50%. This means over 50% of total UST circulating supply are deposited into Anchor. A very positive growth indeed.

First, we will take a look at UST supply over time since its introduction. Before introduction of Anchor Protocol, we can see that UST has just past 1B USD in supply few days before and after March 17, the number had an exponential run.