The hype about #THORfi is absolutely warranted. Much has been written about the mechanics, which is some real giga brain stuff. But there are two things about what this means that I am most excited about
1. Adoption πββοΈ 2. Tokenomics π°
@Thorchain#RUNAtics
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1/92/9 Adoption - Terra has shown that the path to adoption is to make things simple (e.g. $ANC). #THORfi does this in spades with a) a lending product that has 0 liquidation risks (no more sweating on whether you might have been liquidated during a flash dump)
Mar 1, 2022 β’ 20 tweets β’ 6 min read
My investment thesis and why RUNEβ‘ ticks all my boxes for a high conviction bet.
1/20
2/20 Inspiring vision β Just as a decentralised economy needs a decentralised stablecoin, it also needs a decentralised exchange. Most trading is done on centralised exchanges (Coinbase, Binance, Kraken) but they are custodial where you do not have full custody of those tokens