they said couldn't build L1 decentralised swaps. thorchads did it. they said couldn't build L1 single-sided savers.

21 Jan 2023, 06:37
they said couldn't build L1 decentralised swaps thorchads did it they said couldn't build L1 single-sided savers thorchads did it they said couldn't build L1 no-liquidation, no-interest, no-expiry lending thorchads doing it

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THORChain
THORChainRUNE #50
Twitter
21 Jan 2023, 06:51
For the borrower, it seems too good to be true (no liquidation, no expiry, no interest). So the protocol (THORChain), has to be getting an even better deal....? Just consider what happens to THORChain when $10bn of loans are opened. Then it makes sense. @CBarraford @KyleKrason @ChadThoreau @tbr90 @THORChain Just to clarify, personally I understand the stuff you've explained. My problem is that I can't get to the point where I feel like every possible doomsday scenario has been considered. When it seems too good to be true, it usually is. That's where I'm at.
For the borrower, it seems too good to be true (no liquidation, no expiry, no interest).
For the borrower, it seems too good to be true (no liquidation, no expiry, no interest). So the protocol (THORChain), has to be getting an even better deal....? Just consider what happens to THORChain when $10bn of loans are opened. Then it makes sense. https://t.co/hpN34D2CiO @CBarraford @KyleKrason @ChadThoreau @tbr90 @THORChain Just to clarify, personally I understand the stuff you've explained. My problem is that I can't get to the point where I feel like every possible doomsday scenario has been considered. When it seems too good to be true, it usually is. That's where I'm at.
THORChain
THORChainRUNE #50
Twitter
21 Jan 2023, 06:38
What part of this is most surprising to you?
What part of this is most surprising to you.
What part of this is most surprising to you? https://t.co/uoHZ4wyrPG