Thanks for sharing! I certainly hold a significant position in the project, plan to hold on to it, and am averaging my price as the price continues to fall.
BaBaR aLi3
--
🚨 What’s Happening to $RUNE ? A 38% Drop Explained! 🚨
THORChain’s native token, $RUNE, has been making headlines—but not for the reasons holders hoped for. Here’s a quick breakdown of why $RUNE is down over 38% and what the team is doing to fix it.
🔍 The Problem: Inflation & Sell Pressure 1️⃣ Inflationary Supply: Programs like Savers and Lending, along with validator rewards, have led to a significant increase in $RUNE’s circulating supply.
2️⃣ Savers Program Fallout: Meant to create buy pressure, this program unintentionally created a feedback loop of sell pressure during user withdrawals.
3️⃣ Lending Program Issues: Loans collateralized by BTC and ETH introduced inflationary effects. As $RUNE’s price falls, liabilities tied to these loans become harder to cover.
🔧 ThorChain's Big Move to Fix It To stabilize the protocol, the THORChain team has announced: ⏸️ A 12-month pause on the Savers and Lending programs. This decision gives the protocol time to address these structural issues and secure its long-term viability.
⚠️ What Does This Mean for Investors? RUNE’s sharp drop is a wake-up call about the risks of inflationary tokenomics. The team is taking bold steps, but confidence will take time to rebuild. Stay informed and keep an eye on THORChain’s progress.
💡 Your Move: Are you holding, selling, or waiting for a bounce-back? Let us know your take on $RUNE’s future!