.@THORChain v1.128 likely to be released in 1.5 days time!
Thereafter, maybe another 1-2 days for all the nodes to adopt.
Then, it's 60m RUNE burnt, Lending cap opened, and Trade Accounts enabled!
Why no RUNE staking?
Answer: RUNE is not designed just for letting RUNE holders āearn moreā.
RUNE is laser focused for securing the THORChain network and enabling deep liquidity.
RUNE is not (just) a get-rich-quick sh*tcoin.
āEmission for a Reasonā
@THORChain @THORChainLPU
I do think myself as somewhat āluckyā to have somehow fallen into this crypto rabbit hole in 2020, and experiencing my first bull in 2021.
But the current one? This is 100% blood, sweat & tears. So damn glad to be among all the THORChads and crypto-bros/sis here! šā”ļøš«
A nice guy just popped into Discord with wide-eyed wonder:
āCan I really swap my ETH to native BTC (not wBTC) on this DEX, and can I simply just put my Ledg*r BTC address as the receipient?ā
YES, YOU CAN, kind ser!!! Since Apr-2021! ššš
@THORChain
and all of a sudden you can throw 1800 eth over to btc in a single txn with basically no fees, literally no risk, no IPs even. It's like heaveeen lmfaao @THORChain
Every single cross-chain DEX that Iām aware of, either:
- Do not support native BTC
- Uses wrapping
- Uses low-volume, slow atomic swaps
ā¦ except one.
New @THORChain loans opening are now officially disabled!
Existing loans are still live and can be redeemed anytime.
Next up, new Lending design on AppLayer! ššš
To the many @THORChain LPs hurting from 90+% ālossā due to the Synth Leverage on the poolsā¦
Please read Prop 6ās āamendment to support LPā carefully (gitlab.com/thorchain/thorā¦) and especially the screenshot below.
TLDR: If you are still in the pools, yes you are still synth
I respect @tayvano_ for all she does; but she keeps claiming ETH->BTC swaps on @THORChain is obfuscation/laundering.
There are two reasons I can think of:
1- She does not understand how TC works (with full on-chain transparency of all Tx details), or
2- She has an agenda
