Smith

Liberté, égalité, APY

[Smith @0xSmiths]

@thorstarter Bullish on $rune and $xrune

@pennybags_ @LinkPleb

[Smith @0xSmiths]

@fifthexit @THORmaximalist @TheRuneRanger @THORChain @CBarraford this is the only brake to speed of scaling I can see

it means on-boarding large institutions fast will be key to maximise 1st mover/network effect, hopefully the runway for those investors being built by 3 arrows capital rn

Why beg for an ETF when you can run a @THORChain node?

[Smith @0xSmiths]

@CBarraford @THORChain Thanks, that's what I was asking for confirmation of earlier. Appreciate the straight answer.

[Smith @0xSmiths]

@PressieMoonBoy @THORChain Love Chainlink but why does price have to go up for it to succeed?

Never seen a project that captures value as efficiently as $Rune. It understands the potential of token economies and puts that potential through a particle accelerator. Makes tech stocks look like damp rugs

[Smith @0xSmiths]

Lot of defi projects tick a box or two, but the only one besides $btc and $eth that has it all -

⚡unique use-case and tech that drastically expand the market
⚡extreme value-capture
⚡pulsating community
⚡decentralisation as method
⚡the memes

- is @Thorchain / $Rune.

🕳️

[Smith @0xSmiths]

@CBarraford @THORChain it wasn't a criticism, but some people were giving the impression that the caps would be fully lifted fast, whereas the raises are very incremental. It's still not clear what the timescales for fully lifting them is. Do you think no caps by August? By Jan 2022?

[Smith @0xSmiths]

@TheRuneRanger @THORChain @CBarraford @THORmaximalist I get the need to secure the network

But struggle to see how nodes will manage to acquire enough Rune to let us get to 3B TVL fast - when otherwise I think it'd take a few months tops

Does reaching billions of TVL depend on institutions buying massive amounts of $rune first?

[Smith @0xSmiths]

@TheRuneRanger Good stuff man thank you

Can I ask, given nodes have to collectively bond 2x TVL, is this requirement going to act as a big brake on raising the caps?

@THORChain @CBarraford @THORmaximalist

[Smith @0xSmiths]

@slavetosound85 @CBarraford @THORChain @THORChainLPU It is awesome my friend, simply incredible - but also you don't get definitive answers to some specific questions because they don't have them. But yeah, LPU is next level, one of the many reasons I'm so bullish on Rune.

[Smith @0xSmiths]

@SlawTeh If deterministic value is 282m, and mcap is 2.8B, how is speculative multiple only 10%? Surely it's far higher?

[Smith @0xSmiths]

@CryptoCronkite long parsnipfinance

[Smith @0xSmiths]

@kermankohli yeah

just hoping they dump it some more, the select few defi bluechips in the making any cheaper than this are the investment of the decade

[Smith @0xSmiths]

@Dentoshi @AltcoinPsycho Succinct 😂

[Smith @0xSmiths]

@Jonny_Qi @CryptosBatman $15 EoY minimum - if BTC is at 15k, and progress is constant.

[Smith @0xSmiths]

@THORChain Is there a link between protocol and cex, to buy / sell rune to maintain equilibrium in pools. Is it automated?

[Smith @0xSmiths]

@THORmaximalist @VladAndral @THORChain I meant the calculator, not today's price - the price simulator on the site is down...

Of course $Rune going up. price action hilariously solid

[Smith @0xSmiths]

@THORmaximalist @VladAndral @THORChain Not working sir - can you use your influence to get it back up?

I reckon it should let us model reductions in asset prices too, so we can calculate $rune price in a bear.

That would show that it's also the best risk-off crypto asset. Even in a downtrend, it'll pump.