ilmscore | Thorchain Insolvency Predictions
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Thorchain has been revealed to be insolvent, with its liabilities exceeding its assets in its lending component. The DEX functionality remains operational and is generating fees, but the core protocol faces financial difficulties due to the declining value of its native token (RUNE) against collateral assets like Bitcoin and Ethereum over time.
"thorchain revealed to be insolvent last week and I should say that article that we've got up on scre..."
Jan 27, 2025
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