Why should you own @Thorstarter’s native token #XRune? How does it differentiate itself from existing launchpads? Here is our 8-point explanation; feel free to comment. I hope it is worth a #satoshi. As always, DYOR! #crypto #blockchain #DeFi #investing
1.@Thorstarter is a decentralized launchpad that brings deep liquidity to long-tail crypto assets right from the beginning. On the contrary, many launchpads fail to provide enough liquidity to projects, thus leading to high slippage fees and dissatisfied users.
2.@Thorstarter provides projects with liquidity grants to give them a kickstart before the launch via Initial DEX Offerings in which investors can grab a share of the early action. The project’s token enters a liquidity pool with XRune and is available to a wider audience.
3. Projects, holders and supporters of the project can access liquidity without synthetic or wrapped assets. This is thanks to the unique functionality of the @Thorchain protocol that allows blockchain interoperability, a unique feature in the current DeFi market.
4. The project receives not only support from the @Thorstarter community marketing arm and community but also from its larger @Thorchain team and fans.
5. Projects have flexibility when it comes to selecting the type of auction and functionalities for their DEX offerings. They can choose between Dynamic Price Auction, Fixed Price Crowdsale, etc. @Thorstarter goes the extra mile to provide customization needed to succeed.
6. The project’s assets are paired with XRune, which enables the startup to convert them into native tokens of other blockchains. Here, projects are not forced to rely on single-chain tokens.
7. Approval of each project has to go through a rigorous screening process -- 1) DAOs (community) select and vote for projects before 2), the @Council of Asgard (9 members, selected through voting) approves it. This protects investors from scams and builds project credibility.
8. @Thorstarter benefits from the @Thorchain ecosystem while also complementing it and extending its utility. This, in turn, helps boost the value of both XRune and Rune in the long term, as they support each other to reach the moon!
9. If you enjoyed the content above, please retweet it and follow us! Your support is appreciated!
I forgot to add that staking or holding $XRUNE allows you to mint $vXRUNE, which grants you rewards as a member of the Valhalla Venture DAO @thorstarter

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More from @Danxia_Capital

17 Sep
🧵6 Magical Reasons why we recommend to HODL $Rune, the native token of @THORChain. #Blockchain #Crypto #DeFi #investing
1. @THORChain is a liquidity protocol that thanks to its interface @THORSwap allows transactions across multiple blockchains. That is really powerful stuff given that no one else out there can do it now!
2. The price of $Rune is undervalued. The network had recently seen some network attacks. Many investors saw it as a bad sign, however, we believe that it is good that it happened in the early days. Thanks to them, the network is now better than ever prepared for the future.
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