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When TC eventually gets CosmWasm smart contracts we should call them Runes

My goal is to stack $RUNE

LPing is a great way to add to your stack. Gained 21% on the RUNE I deployed in a few days.

I’m not a great trader or anything, but the tools are there to help people build their own bag during the downturns

Learn relentlessly & teach yourself

Lending Update - Week 5

Collateral:
BTC 1,396
ETH 18,730
(since march 7th)

Added a chart that helps explain how much yield Savers get as synth utilization increases

You can try different mimirs & and see how the curve + yield changes

Next up: Add how much fees go to nodes. This data is just the portion of fees that go to the pools.

Lending caps were raised almost 30 days ago. In that time we've seen consistent usage of lending, as users have deposited 1k BTC as collateral and 15k ETH. Demand continues to be there for this protocol.

Will be interesting to watch the next 30 days and see at what rate loans…

Do I see a fancy new feature on Etherscan? 👀

Needs a fix, there's currently $166m in collateral

What teams are shipping the most atm? I think THORChain coming out of bear market has been insanely impressive, obv Ethena Labs has launched and been absolute rocketship. I know of a ton of stuff about to hit that’s awesome but who stands out recently?

THORChain now integrated into Cake Wallet.

All your favourite swaps now in a great wallet - get Cake Wallet now.

It’s a piece a cake 🎂

Just doubled the amount that can be signed out before delaying the outbound tx 👏

THORChain fundamentally improves upon the value of Bitcoin.

It made it possible to buy (or sell) Bitcoin completely on-chain without a trusted 3rd party. Bitcoiners deserve always-on instant liquidity with the least trust assumptions

Tomorrow live deep dive on ThorChain with Mark Jeffrey 9am PST

Mark and I have both risked a small amount of our “corn” leveraging up to buy more Bitcoin (me) and Rune (him).

This is NOT a sponsored post. I have gotten nothing from ThorChain, and I personally do not own any…

Nature is healing

Once this passes, we’ll significantly reduce the outbound queue times. They’ll still exist but the threshold for delay will be twice as big