Lancelot ⚡️ (@runemaxi) 's Twitter Profile
Lancelot ⚡️

@runemaxi

ID: 1521707761

calendar_today16-06-2013 09:11:00

812 Tweet

1,1K Followers

244 Following

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Thread on $RUNE price performance and THORChain's approach: 1/ As a $RUNE holder, I share the frustration. Despite THORChain achieving major technical milestones and $400M+ daily volumes, $RUNE hasn't reached expected price levels. This creates a disconnect between technical

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Smart money buys when there’s blood in the streets. But you, anon, can’t resist buying high and panic selling low, huh? THORChain $Rune

Nine Realms (@ninerealms_cap) 's Twitter Profile Photo

Current Situation ------------------------- At the time of this communication, 31 nodes have requested to leave the THORChain network. The network is experiencing a contraction as RUNE price declines and nodes leave the network, but the protocol remains operational in its core

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Very questionable move 80%+ of the "dump" volume comes from interfaces, not node operators. Ledger accounts for 30%+ of the TC volume, charging 1.5%, but doesn't hold those Rune; they sell. TC gets about 0.05% from their transactions. Introducing Liquid Nodes and lowering

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Aaluxx⚡️🍫🛡️ So you're saying the ~30k $RUNE daily rewards are holding back the price? Even if fully sold (let's say 30% nodes, 70% LPs with $RUNE above $4), do you really think that amount suppresses the price? ETH prints ~$5M/day, SOL ~$16M/day, while $RUNE, at $4, prints ~$120k/day! Just

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

It's concerning to believe that eliminating rewards will resolve the underlying issues. Nodes are selling around 6% of their income, while liquidity providers (LPs) are largely facing significant losses, leaving them with little to sell. Instead of addressing the root

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Nodes are currently earning approximately 220 RUNE/day for every 1 mln RUNE deposited. If a node operator is managing other users' RUNE rather than their own, the average return of 20% (typical for THORChain) at today’s price translates to around $1,800. This poses a significant

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

The incentive pendulum currently sits at 53% for nodes, yielding an 8% APY at today’s prices. With RUNE at $4, I estimate the pendulum will drop to around 30% for nodes, reducing operators' APY to about 4-5%. If "liquidity nodes" from Prop6 are introduced, we may face

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Despite the challenges in the THORChain network, there are strong odds of overcoming them. As new connections ( $SOL, $Tron, etc.) emerge, Rujira is set to introduce ultimate finance instruments that will upgrade and leverage the Thorchain ecosystem. Those who believe

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

I expect a significant demand for $TCY token once it's out, the starting point of $0.1 per token seems like a steal. I'm pretty sure the price will increase sharply - it's an interesting opportunity , as TCY represents ~$200mln debt but has unlimited upside from ongoing

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

It seems we're about to seriously undermine @Thorchain. The recent removal of block rewards, instead of encouraging RUNE holding for income, attempts to create deflation to counter sell pressure. Yet we forget that this pressure isn't from reward cashouts, but mainly from

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Let’s get one thing clear: THORChain doesn’t hide anything—every swap is fully traceable, every single coin. Ethereum itself isn’t halting these bad actors, so why should THORChain, which is equally decentralized, shut down or censor? You don’t blame a highway for bank robbers

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

If you have an X account, you can claim an airdrop. Account age and number of followers dictate the size of your airdrop. xdmars.com/?invite=wsMzTQ…

Lancelot ⚡️ (@runemaxi) 's Twitter Profile Photo

Optimistic security is not "no security", but it might not be enough to safeguard the THORChain network. If removing the strictBondLiquidityRatio allows nodes to take more from the network than they have bonded, that’s a massive risk. And if nodes have the opportunity to