Great explanation. Anchor is not the only precedent, though. In general, the 'buying friends' strategy has been ineffective in DeFi. As soon as they can get a higher yield elsewhere, the locusts will fly to another field.
Great explanation. Anchor is not the only precedent, though. In general, the 'buying friends' strategy has been ineffective in DeFi. As soon as they can get a higher yield elsewhere, the locusts will fly to another field.