@ceo_thor @HavenXHV@THORChain It was working as intended. Problem was it could be gamed if too small.
LUNA took Haven’s tokenomics and ran it up 10,000x over 4 years until they changed it (BTC collateral, inviting an attack).
Haven remains the thought leader and the best bet for this industry so far imo.
1/ @THORChain recently reached a milestone of over $1B in TVL, composed of the assets in its liquidity pools & the $RUNE bonded by nodes that provides security to the network.
Previously, the protocol had caps on its liquidity pools to protect the network and its users.
After going through this video for almost 10x, I finally get how $RUNE can capture value through THORFI!
This is a must watch, and why every $RUNE holder should understand this... TLDR thread below🧵👇
https://t.co/9bzZZ2aW7l
@notsofast@HavenXHV @farmerdbrown All the fake OGs will come out at $50 and say they just "found an old bag from 2018" and start shilling. You know how it goes.
@Jerome_BRRowell@THORChain The project caters to no one! It has no opinion on users, chains or assets. It sees them all as equal. It simply creates an open protocol for the free market to thrive.
BTW I'm a bitcoiner but not a maxi. Most people who hold Bitcoin are like me.
On March 7, LP University turns one! 🥳 To celebrate this milestone and to show his appreciation for the @THORChain community, LPU creator @Baloneybones is doing a giveaway of 365 $RUNE from his personal stash 🤑
Details 👇