The Wolf of Defi ⚡️ Profile picture
Dec 13, 2022 11 tweets 4 min read Read on X
1./ $RUNE is a value-capture masterpiece, but why?

@THORChain enables cross-chain, decentralized, permissionless swaps. And because of how it's designed $RUNE will always have value.

Vague? I understand, a small thread 🧵👇
2./ To enable the cross-chain swaps, @THORChain made liquidity pools with native assets.

What are native assets?
$ETH for @ethereum
$AVAX for @avalancheavax
$ATOM for @cosmos
$BNB for @BinanceChain
And a few more...
3./ In every liquidity pool the second asset next to the native one is $RUNE.

So if I deposit $100 of $BTC I have to pair it with $100 of $RUNE. I could also only deposit the $100 of $BTC, but it will be converted to $50 $BTC and $50 $RUNE behind the scenes
4./ What does this mean?

For every dollar non $RUNE liquidity deposited in @THORChain, one dollar of $RUNE will be deposited as well.

The more liquidity enters the protocol, the more buy pressure for $RUNE
5./ But that's not all.

For every dollar deposited in liquidity pools, nodes must bond one dollar in $RUNE as well. This is done to keep everything secure. We could have an in-depth look at this later.
6./ So, for every dollar of non $RUNE liquidity deposited into @THORChain, three dollars of $RUNE need to be locked.

This creates massive buy pressure once more liquidity enters.
7./ Since @THORChain is the only protocol in existence that does not make use of bridged assets or anything like that to perform cross-chain swaps, it's in a unique place to attract users.
8./ Next to that, it's the only place where you can earn yield on your native $BTC while it remains completely under your control.
9./ Also, with #THORFI around the corner many new possibilities are coming which will very likely make the volume on @THORChain grow further.
10./ With more volume, there will also be more fees to be distributed over liquidity providers which will give them an incentive to add more liquidity or for new liquidity providers to join.
11./ And more liquidity means... More buy pressure for $RUNE.

I hope I have been able to explain why $RUNE is a value-capture masterpiece.

If you have any questions, drop them below. Thanks for reading!

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More from @thewolfofdefi

Apr 17, 2023
1./ Despite a market cap of $720,000,000, the $RNDR token can still do an x50-x100 and the BME model is why.

Let's have a look at what the BME model is and how it makes $RNDR deflationary.

✍️
2./ The @RenderToken network is built as an open network to use rent and offer spare GPU.

GPU is used for difficult jobs that require a lot of computing power. Think of rendering videos or running AI programs.
3./ Film companies, hospitals, and AI businesses all require a lot of GPU power. However, it's not always predictable when it's needed.

So instead of acquiring hardware for the needed computing power, why not plug into the @RenderToken to use spare GPU from others?
Read 10 tweets
Mar 31, 2023
1./ One of my top holdings is $WINR. 🎲

I'm a massive believer in decentralized gambling, and among all the different #GambleFi projects launching lately, $WINR is my absolute favorite.

Let's have a look at @WINRProtocol and why I think it will outperform all others.

✍️
2./ @WINRProtocol is not just a gambling protocol. It's a protocol on which other projects are being built.

@JustBetOfficial, the decentralized casino, is the first one. But @0xsportsbet and #degenbets are also announced already.
3./ $WINR is @WINRProtocol's native token. The other projects deployed on top of @WINRProtocol won't have their own token.

This means everything built on @WINRProtocol contributes to the value of $WINR.
Read 14 tweets
Mar 30, 2023
1./ Passive income is everyone's dream. And it's way easier than most of you think.

Let's have a look at @Stablzone and how they make you earn money on your stablecoins.
2./ @Stablzone is a protocol focussed on making your stablecoins yield.

In the previous bull run, @anchor_protocol was among the most popular projects and reached the top 100. This was mainly because of the 19.5% yield people could get on their $UST.
3./ Unfortunately the @terra_money ecosystem collapsed, marking the end of @anchor_protocol as well. But where protocols die, others see opportunity.

@Stablzone is one of those protocols.
Read 8 tweets
Mar 29, 2023
1./ The introduction of smart contracts on the @Aleph__Zero blockchain is a huge milestone.

But why is it so important and how does it lead to more value for $AZERO?

Let's have a look 👀🧵
2./ The @Aleph__Zero blockchain is unique in its sort. Not only does the team claim to have solved the blockchain trilemma, but transactions on the blockchain are also private.
3./ And privacy is much needed. Do you expect big companies to ever use the blockchain if everyone can see their transactions? I don't think so.
Read 9 tweets
Mar 28, 2023
1./ A good project doesn't necessarily mean the project's token also has a good value capture mechanism.

But @FactorDAO checks both boxes.

Let's have a look at @FactorDAO and the $FCTR token.

🧵👇
2./ @FactorDAO is a project built on @arbitrum. It aims to make investing easy and less time-consuming.

On @FactorDAO's platform, you can invest in vaults managed by others.
3./ Your favorite influencer might have a vault in which you can deposit assets.

Now you don't have to keep watching your Twitter alerts and run to your desktop if he mentions a new token. Just invest in his vault.
Read 11 tweets
Mar 3, 2023
1./ The global online gambling market is valued at 63.5 billion USD and it's coming to the blockchain! 🎲

What are @WINRProtocol and @JustBetOfficial, and why do you want to buy $WINR as early as possible?

Public sale is on the 9th of March already.

Let's have a look! 🧵👇
2./ We've already seen some small projects trying to build a decentralized casino. Some rugged, some failed, and some are doing well.

But none of them are on the level of @JustBetOfficial.
3./ @WINRProtocol is the protocol on which @JustBetOfficial is built.

@JustBetOfficial is a decentralized online casino where players can play games like roulette, dice, coinflip, and rock, paper, scissors.
Read 17 tweets

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