You may have seen $RUNE @THORChain pumping recently
Maybe you've looked into it and you're like, "I want to be able to stake it though... If I can't earn single-sided staking yield what's the point of holding $RUNE???"
Buckle up bitxh
🧵 1/16
Firstly, THORChain is primarily a liquidity protocol
The main goal is to facilitate NATIVE swaps between mostly L1's in a decentralized, non-custodial, unwrapped way ✅
Aug 29, 2022 • 21 tweets • 5 min read
Could #RUNE@THORChain reach $46.80 per coin in the next bull run?
That’s a very specific number for a reason 😀
In this thread I’m going to make the case for it.
(Not financial advice)
Let’s go.
🧵 1/20
Upward price pressure is going to happen because of AT LEAST 3 reasons. In no particular order:
1. Swap volume 2. Nodes bonding to secure the network 3. Single-sided staking
