Sabo ๐Ÿ‰
Sabo ๐Ÿ‰

@sabocrypto

3 Tweets May 07, 2022
MEGA Thread #Thorchain: Fundamental and DeFi plays.
The decentralized & autonomous cross chain liquidity network set to ๐Ÿš€ this year.
A thread ๐Ÿงต๐Ÿ‘‡
A Quick Overview on $RUNE history if you're unfamiliar.
โ€ข Started as a small project at the Binance hackathon in 2018
โ€ข Waited a period of time for the technology to be built to create a fully functioning cross chain.
โ€ข Raised a small seed round of just over $2M by 2019.
It is likely we will live in a multi chain world.
Swapping assets between different blockchains, otherwise known as "cross chain" is the key focus for $RUNE.
$wBTC, $renBTC, $tBTC, $sBTC --faces tradeoffs in the custody and security aspects.

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