Bro, you’re beating a dead horse. Go review all the discussion in here: Dynamic Anchor Earn Rate - #257 by 5200ex
This ship has sailed. The dynamic rate passed. I think it’s highly likely that TFL has to backstop the reserve at least one more time because, even with the dynamic rate, a top up to the reserve will be required if they want to continue to see strong UST demand.
Need to focus on better token economics for borrowing demand now.