THORChain (@THORChain): Firstly, the mechanics.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Firstly, the mechanics. 1) BTC deposited, streamed to RUNE and burnt, and 1 BTC is marked as collateral. 2) Half of it (50% LTV) then re-minted as RUNE, swapped to $TOR. Marked as debt. 3) The TOR is then streamed to USDC out. 1 BTC in, $25k out.