1./ The concluding thread about $CHNG, $ROUTE and $RUNE.
Three protocols looking to solve the interoperability problem of blockchain, yet different from each other.
They can perfectly coexist and I’m about to tell you why.
2./ @FinanceChainge is working towards being an all-in-one #DeFi platform. Especially when a new bull run starts and new people will come trying to make some gains they could be the perfect platform.
3./ With their amazing visuals and easy-to-understand videos and articles they really seem to recognize this opportunity. They are the decentralized CEX competitor.
4./ People who are not interested in exploring #DeFi and just want to buy, hold and yield assets won’t ever have to leave @FinanceChainge.
5./ However, if I do want to explore #DeFi I’d need my own wallet like @MetaMask. With such a wallet, I can’t make use of @FinanceChainge. If I do want to move assets cross-chain, I need a protocol like @routerprotocol or @THORChain.
6./ @routerprotocol makes it very easy to send assets between EVM-compatible chains. Connect your @MetaMask, and here you go. The way @routerprotocol increases the scalability of bridging is a very interesting technology.
7./ @THORChain enables native, cross-chain swaps. Native swaps are not the same as regular bridging solutions. Especially for people who value full self-custody, native swaps are more interesting than regular bridges.
8./ Because @THORChain has chains integrated which @routerprotocol hasn’t and otherwise, I think despite which tech you like more there is room for both.
9./ Next to the native swaps, it’s also possible to earn yield on your native assets like $BTC and $ETH on @THORChain. This is something that no other protocol offers.
11./ However, on @THORChain there is no possibility to earn yield on stable coins, this is something @FinanceChainge does offer. Also here, there is a piece of the pie for both.
12./ Looking at the tokens as an investment, it’s hard to say one is better than the other. $ROUTE and $CHNG are small caps so they would need less new money to pump, however, $RUNE has by far the best value capture.
13./ @routerprotocol will come with its own L1. @FinanceChainge is about to launch a desktop app, a new website, and will integrate limit orders. @THORChain is building a complete #DeFi ecosystem, #THORFI. So all of them have interesting events coming up.
15./ The three of them have APIs and SDKs for others to integrate, so this is in favor of all of them.
16./ So, they all have unique features and there is room enough for all three to be a success. $RUNE has the best value capture without a doubt, but $CHNG and $ROUTE have a smaller market cap.
17./ My advice to you? DYOR. I did some work for you, it’s up to you now.
18./ Thank you all for reading all these threads, I’ll continue to write these on other topics. If you have any requests, let me know.
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2./ I have discussed the $RUNE value capture many times before because I think it is a masterpiece.
Let’s have a look. 👀
3./ First of all, it’s important to understand that @THORChain is the only place where you can earn yield on your native $BTC while keeping it in full self-custody.
Why is this important?
As more liquidity enters the network, $RUNE gets more value.
2./ @FinanceChainge developed a great platform, but why does $CHNG have value?
Time to look at the value capture of $CHNG.
3./ Something that’s very interesting about $CHNG's design is that the token is deflationary. This means quarterly tokens are being burned which causes fewer tokens to be in circulation over time. @FinanceChainge uses 25% of the profits made to burn tokens.
2./ Currently there are two ways to make your assets earn yield on @THORChain.
You can either deposit them in a liquidity pool, or you can make use of the savers vault.
Let’s have a look at both!
3./ Liquidity pools
The whole concept of @THORChain is based on liquidity pools. Those pools enable decentralized, cross-chain swaps. But for liquidity pools to function, liquidity is needed.
2./ @FinanceChainge has an amazing UI/UX. But to become the all-in-one cross-chain #DeFi app more than just swapping is needed. Therefore, @FinanceChainge enables you to earn yield on your assets.
3./ It’s called Time Framing your assets. How does this work?
Time framing is based on the claim that $100 today is worth more than $100 a year from now, because of its earning potential. The same counts for 1 $BTC or 100 $USDT.
2./ @THORChain is a decentralized, cross-chain liquidity network designed to enable permissionless, cross-chain swaps of native assets while removing the reliance on centralized entities.
3./ The way @THORChain enables you to swap cross-chain assets is unique compared to other bridging solutions.
Although @routerprotocol created a very efficient design to solve the scalability issue of bridges, it still works the same as other bridges.
2./ @FinanceChainge is a next-generation #DeFi app that currently positions itself as the most liquid web3 trading venue on the market. The first thing that stands out when researching @FinanceChainge is their app. Honestly, the UI/UX is great.
3./ It almost feels like you are using the @binance app.
Back to the claim of being the most liquid trading venue in the environment. How did they achieve this? Did they attract so much liquidity?