In this dashboard, we look at Anchor deposits over the last 2 weeks and try to find patterns around them, we also compare it with borrows to see if Anchor is in a good state in terms of satisfying the need for yield for depositors.

Daily Deposits

Let's start by looking at deposits each day over the last two weeks (our period of focus is between the 18th of July and the 31st of July):

https://s3-us-west-2.amazonaws.com/secure.notion-static.com/3d13e404-b800-4cf8-bafe-f68c4abc7da6/Screenshot_2021-08-04_at_13.24.18.png

(Interactive Link: https://velocity-app.flipsidecrypto.com/velocity/visuals/418c001c-ab2e-4456-8505-585af6a6c6e1/f763b8ed-027b-4f77-970a-0ad5f3b673a6)

So we see that on average about $30 million has been deposited to Anchor daily over the two weeks of interest. We see a small spike to >$40 million on the 23rd of July (this might have weak correlations with the increase in LTV for borrowing on Anchor, which happened on this day). The most interesting thing I see is that deposits are relatively low on the 18th and 25th of July. Both these days are Sundays! It seems like people are actually using Anchor as a savings account, possibly depositing a part of their pay-check to Anchor on the weekdays or on Saturday if they received their wages on Friday. I don't see anything else meaningfully different over the last two weeks in the data beyond that. Maybe the later days have more deposits than the earlier days but any increase is marginal.

Next, let's look at withdrawal of deposits from Anchor during the same period

https://s3-us-west-2.amazonaws.com/secure.notion-static.com/d0d12053-01a4-4dc9-b7bf-fd1f8148ea8e/Screenshot_2021-08-04_at_13.23.13.png

(Interactive Link: https://velocity-app.flipsidecrypto.com/velocity/visuals/e7a7d6f9-28e4-48dc-a277-19a8e50b19eb/f763b8ed-027b-4f77-970a-0ad5f3b673a6)

It looks like the withdrawal of deposits happened a lot more over the second week we were observing withdrawals vs the first one. This might be because of LUNA finally picking up momentum and users moving money out of Anchor to play LUNA's move to the upside.

Lastly, let's look at the net deposits per day (deposits - withdrawals) to see if the two charts combined have some interesting trends:

https://s3-us-west-2.amazonaws.com/secure.notion-static.com/35b61337-5ec7-41fb-8629-c182e6ea66b0/Screenshot_2021-08-04_at_13.21.10.png

(Interactive Link: https://velocity-app.flipsidecrypto.com/velocity/visuals/92c2d884-d3b1-487a-a476-5bb0543f8651/f763b8ed-027b-4f77-970a-0ad5f3b673a6)