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What’s Going On with $RUNE ?
THORChain ($RUNE ) is a cross-chain decentralized exchange (DEX) that has been making waves in the crypto space. Since launching in 2021, it has demonstrated resilience, overcoming major security breaches, including a $5 million attack and another $8 million exploit. Despite these setbacks, the platform has continued to thrive, maintaining strong trading volumes and an active user base.
However, THORChain is currently navigating two contrasting realities. On one hand, its DEX remains a dominant force, facilitating substantial liquidity and seamless cross-chain transactions. On the other hand, its lending protocol is under scrutiny due to $200 million in frozen assets, representing outstanding debt obligations to users.
So, what led to this situation? Let’s break it down. 👇🧵
#USJobsDrop #USJoblessClaimsRise #MarketRebound #RBIcryptoRevolution #RUNE/USDT
THORChain ($RUNE ) is a cross-chain decentralized exchange (DEX) that has been making waves in the crypto space. Since launching in 2021, it has demonstrated resilience, overcoming major security breaches, including a $5 million attack and another $8 million exploit. Despite these setbacks, the platform has continued to thrive, maintaining strong trading volumes and an active user base.
However, THORChain is currently navigating two contrasting realities. On one hand, its DEX remains a dominant force, facilitating substantial liquidity and seamless cross-chain transactions. On the other hand, its lending protocol is under scrutiny due to $200 million in frozen assets, representing outstanding debt obligations to users.
So, what led to this situation? Let’s break it down. 👇🧵
#USJobsDrop #USJoblessClaimsRise #MarketRebound #RBIcryptoRevolution #RUNE/USDT
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