Anchor Protocol is the backbone of the LUNA ecosystem. It is quite certain that the LUNA team will do everything they can to prop up Anchor and ensure that it does not collapse.
By 'safety', I assume you mean whether its sustainable? Tbh the deposits (payout from protocol) have long exceeded the loans (payments to protocol), and there are talks of lowering the yield gradually to increase sustainability. For now, Do Kwon (LUNA founder) has been using reserves to pay for the current yield rates and it seems to be holding everything together.
To get started, I highly suggest you check out this great thread on reddit: https://www.reddit.com/r/sgcrypto/comments/r4py...
Cheers!
Anchor Protocol is the backbone of the LUNA ecosystem. It is quite certain that the LUNA team will do everything they can to prop up Anchor and ensure that it does not collapse.
By 'safety', I assume you mean whether its sustainable? Tbh the deposits (payout from protocol) have long exceeded the loans (payments to protocol), and there are talks of lowering the yield gradually to increase sustainability. For now, Do Kwon (LUNA founder) has been using reserves to pay for the current yield rates and it seems to be holding everything together.
To get started, I highly suggest you check out this great thread on reddit: https://www.reddit.com/r/sgcrypto/comments/r4py...
Cheers!