E-MBIT

[E-MBIT @EMBITETH]

@Spectre__AI ETHY and VIBE are not here. Extremely undervalued

[E-MBIT @EMBITETH]

@mikealfred Take a look at ETHY AI by virtuals, strong revenue with PE around 8

[E-MBIT @EMBITETH]

@midascabal ETHY AI by virtuals
OM
STRK

[E-MBIT @EMBITETH]

@AaluxxMyth @SliceTank @jpthor I totally agree with you. In fact I was thinking about investing in TCY but now I will not. Risk reward ratio just changed

[E-MBIT @EMBITETH]

@jpthor @TauShaman @TCY_Bull Ok, let’s see it from another perspective.
RUNE is worth 400 millions and 200 million debt. Then give 200 million in equity, double the RUNE supply and give it to the debt holders. Instead of that debt holders are receiving only 10% and you even want to limit it. Unbelievable!!!

[E-MBIT @EMBITETH]

@AaluxxMyth @SliceTank @jpthor We are lucky to have you. Thanks

[E-MBIT @EMBITETH]

@jpthor I can see you are good at scamming people and believe everyone is stupid

[E-MBIT @EMBITETH]

@jpthor It is a proposal if you want to end up in jail. Only if TCY succeeds you can avoid it

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@TCY_Bull 200 millions in losses that will want to be realized asap to compensate the gains in other crypto assets

[E-MBIT @EMBITETH]

@BNBCHAIN Broccoli
TST
BNB

[E-MBIT @EMBITETH]

@ninerealms_cap @THORChain I do not see it. Better look for someone that wants to buy the protocol and avoid prison for the liable

[E-MBIT @EMBITETH]

@ax1vc @THORChain Is TWT interested in a deal?

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@thenew3vil @1984_is_today @THORChain There will be less selling pressure that is why the price performance can improve but the debt is paid with the protocol revenue. It should be also paid with RUNE inflation and in that case if RUNE goes up the easier to pay the debt

[E-MBIT @EMBITETH]

@1984_is_today @THORChain What will happen when after 3 years only 15% of the debt will have been paid? Would someone trust a successful protocol that does that?

[E-MBIT @EMBITETH]

@1984_is_today @THORChain Related to RUNE everything is great.
Relating to the debt:
1.- 10 million allocated to the smallest creditors to get fully refunded (5% of the debt)
2.- 20 million worth of bonds allocated to 95% of the debt. Like buying 20 million worth of bonds with 50 years maturity
Not fair

[E-MBIT @EMBITETH]

@1984_is_today @THORChain TCBOND price will be 0.1, so your proposal will only return 10% of the debt.
With this proposal the solution will be in the court

[E-MBIT @EMBITETH]

@1984_is_today @THORChain It is good for the RUNE price, not for the creditors that own 95% of the debt.
The equity should pay the debt, even if it is over time in small amounts like 2% per year.
As your proposal would remove lots of RUNE rewards giving creditors a bit of it would be fair

[E-MBIT @EMBITETH]

@1984_is_today @THORChain 80% of the users will be happy but still it is not fair.
You do not want to pay for the debt. It would not even pay for the interest on the debt.
I propose
The funds saved with the cut in the validators go to pay for the debt.
Adding an extra 2% RUNE inflation to pay the debt

[E-MBIT @EMBITETH]

@1984_is_today @THORChain It also makes sense that RUNE commits with its own equity

[E-MBIT @EMBITETH]

@1984_is_today @THORChain It is crucial to use RUNE inflation to burn TUSD as payback would be quicker, it will make TUSD appealing to buy for external actors. It will be seen as a success and increase the RUNE price further than the 1% inflation
It could be the first step to later crate a RUNE stablecoin