Redphone
@redphone
I'm not long $RUNE at the moment, but I still look at Thorchain as critical DeFi infra. The world needs it, and I believe it's genuinely contributing to human freedom. Haven't been following $RUJI (would have been more hyped on it years earlier), but I hope it gets some serious traction. Looking back, I think I underestimated the complexities of wallet software. I had thought Metamask and most of the other major wallets would all support bitcoin at the very least by now (this would supercharge cross-chain trading). Really disappointed in their lack of ambition. Without mainstream wallets, Thorchain UX is a hurdle to widespread adoption. Looks like that's finally beginning to change (and I'm hearing talk of exchange integration), so maybe I should re-add $RUNE :)
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Colin Johnson đź’
@cojo.eth
I’m in a group chat called “Runebois” that’s like 3 years old - was my biggest bag at one point. Convenience seems to have won the first battle but I agree, it’s absolutely crucial infra. Didn’t they have a ton of loans they couldn’t service or something recently?
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Redphone
@redphone
Nice. I was in the rune vaults back in the early days... claiming more $RUNE every week felt like magic. Yeah... their synths got out of whack earlier this year and bad debt accrued. I thought the protocol was doomed, but the fact that they're still there shows that it's definitely needed infra.
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