So let me get this straight people are sending ThorChain their Bitcoin for a loan, and ThorChain is selling that Bitcoin to buy their own token Rune, and when the loan is paid back they sell Rune to buy Bitcoin. Rune has already dropped from 40 000 sats to 3700 sats per coin
Lol what could go wrong?
https://bitcoinmagazine.com/takes/why-you-should-redeem-your-bitcoin-from-thorchains-lending-service
TheBitcoinManual
npub10m…kn8mj
2025-01-12 07:22:28
Author Public Key
npub10mxnle348mzv2dnj0ylgz3zu9gceenc29x9fr4m6mnars66j7vxsnkn8mjPublished at
2025-01-12 07:22:28Event JSON
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"content": "So let me get this straight people are sending ThorChain their Bitcoin for a loan, and ThorChain is selling that Bitcoin to buy their own token Rune, and when the loan is paid back they sell Rune to buy Bitcoin. Rune has already dropped from 40 000 sats to 3700 sats per coin\n\nLol what could go wrong? \n\nhttps://bitcoinmagazine.com/takes/why-you-should-redeem-your-bitcoin-from-thorchains-lending-service",
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}