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Chad THOReau⚡️ Profile picture
Chad THOReau⚡️
@ChadThoreau
Irresponsibly long $RUNE, $THOR, $COINBT
Apr 30, 2022 • 14 tweets • 3 min read
1/ Just as $UST disrupted centralized stables like $USDC and $USDT..

@THORChain's decentralized THOR.BTC can disrupt ~$13B of centralized wrapped $BTC.

While burning shit tons of $RUNE, like $LUNA does for $UST.

🧵👇 2/ Part of #THORFi will include a new type of synthetic called "derived assets."

These will be similar to the existing synthetic assets but the backing is different:

THORSynths are backed by LP (50:50 asset:RUNE).

Derived assets burn and mint the equivalent $RUNE.
Mar 5, 2022 • 10 tweets • 2 min read
Quick clarification of impermanent loss protection on @THORChain for incoming #LUNAtics 👇🏼 2 pools will soon be created:

$LUNA - $RUNE

$UST - $RUNE

I am estimating ~25% and ~50% APY.
Feb 10, 2022 • 35 tweets • 5 min read
1/ Why is $LUNA on @THORChain a *huge* deal?

How do the tokenomics of $LUNA and $RUNE combine to create an insane flywheel?

Let’s explore the $LUNA 🤝 $RUNE connection 👇 2/ First some of the “why” before we get into the numbers.

Both $LUNA and $RUNE have similar ethos and core values, so they often attract the same people.

But they’re each solving a different problem, and together they make each other stronger…