Comparison of Anchor liquidations with LUNA price over time

    Anchor Protocol is a new protocol born in Terra that offers stable and attractive performance driven by the participation returns of multiple Proof of Stake blockchains and offers frictionless access and integrations. On the one hand, Anchor Savings has no minimum deposits, account freezes, or registration requirements. Anchor is a savings protocol offering low-volatile yields on Terra stable-coin deposits. The Anchor rate is powered by a diversified stream of staking rewards from major proof-of-stake blockchains and therefore can be expected to be much more stable than money market interest rates. We believe that a stable, reliable source of yield in Anchor has the opportunity to become the reference interest rate in crypto. Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stable coins which underpin a thriving ecosystem that brings De-Fi to the masses. The query was taken from notion.so of Flipside crypto and the data for analysis is obtained from app.flipsdidecrypto and SQL Programming is used to access the essential data.

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    The chart here shows how the luna price varied with time as you can see there is a large increase in the luna exchange price with the most amount in the recent days.

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    The scatter plot displays the distribution of the liquidations that happened over time, This indicates that the highest liquidation happened on September 7 2021 when the Luna exchange price had started increasing.The steady-state of the luna price before the next increment made the liquidations to go less and it is again in a growing state as Luna exchange is at its peak

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    The chart shows the distribution of the liquidations that happened with luna prices where almost 10 % was done in null and then increment happened and many had begun doing liquidations that led to more number of segments in the chart