While FTX and other centralized exchange drama dominates tweets and headlines, THORChain continues quietly building a DeFi alternative.
They have $0 marketing budget! What is the algorithm trying to tell us?
Bullish DeFi news you may have missed this week 👇
NEWS: Today @THORChain introduced SAVERS Vaults (@THORSwap Earn) aka in-kind yield on native assets.
Previously one needed a centralized exchange or to have $RUNE LP exposure for native yield.
This is real yield generated from swap fees.
SAVERS Vaults are not without risk. As always DYOR.
COMING SOON: THORChain is pending integration with Trust Wallet
Trust Wallet boasts over 5 million active users.
More swaps = More yield %
And if LPs are integrated next?
Higher TVL = Higher value for $RUNE
COMING SOON: Lending
I knew the risks with centralized finance, but liked Celsius Network because the convenience the “one stop shop” provides.
We need easy to use decentralized alternatives for mass adoption.
I’m excited to see what the #THORChads deliver.
Until next time,
THORChaddette ⚡️
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