RUNE is the best asymmetric trade in the entire world of crypto right now. The ecosystem is processing north of $120M+ in swaps per day. This trading volume generates real revenue for:
- The protocol (5% of total protocol swap revenue is burned)
- The RUNE bonders securing the network
- The TCY holders
- The interface teams who build
RUNE also has 0 emissions (no block rewards from inflation). This means that the 5% of revenue that buys & burns RUNE makes the token deflationary.
The mission of decentralizing binance is more real than ever before. THORChain's app layer goes live this Thursday (tomorrow). This also means that we'll now have the ability for teams to build second layer apps on THORChain.
The technology is growing, the volume is growing and the whole network is flooding with devs and teams who want to build a decentralized binance.
My bet is on RUNE. The upside of investing in it now is absolutely asymmetric. RUNE will either go from $1.7 to $0 or it will go from $1.7 to $20 and beyond.
Run your own mental model and see what makes sense to you. I've done it for myself and talk about it in this video.
If you're ready to trade RUNE, native BTC, native ETH, USDT, USDC and hundreds of other crypto assets on decentralized exchange rails then try https://leodex.io today. LeoDex is one of the top 10 interfaces on THORChain. If you use my ref link (optional), you'll get 10% off on your swaps: https://leodex.io/?ref=khal.
Posted Using INLEO
Great
Interesting analysis of RUNE! Do you think the implementation of the application layer on THORChain will attract established DeFi developers or encourage the creation of new native solutions?