Discover and read the best of Twitter Threads about #lunaiscoming

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EILI5

@THORChain Staking and LP guide

start to finish
Things you will need

-multichain wallet
-you DO NOT need rune (common misconception)
-any asset you want to lp thats on thorswap
-an open mind 😉
First you need to download one of these bad boys over at @xdefi_wallet

xdefi.io
Read 29 tweets
$Rune is pumping but is this the top?

To understand why its pumping you need to understand the tokenomics 👇 ImageImage
If you know @THORChain and the $rune deterministic value formula of 3$ increase to rune MC for every $1 deposited...your half way there

This is the bare bones minimum that rune HAS to trade at is the 3x multiplier.....It has NEVER TRADED at this its always been over Image
Can I get a.... "what the snap"

so why does $Rune HAVE to trade at a min of 3x.....

this is why

1. all LP's are paired 50% token A and 50% $rune
2. node operators must have 2x the value of the assets in the liquidity pools.

note:node operators only hold rune 😉

1+2=3
Read 14 tweets

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