THORChain (@THORChain): Correct way to think about it.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- RUNE+30Positive
Correct way to think about it. For a 2 BTC loan at 50% LTV, 1 BTC is kept in the system (in the pools) making money for the network. It is then at the network’s disposal to honour loans in the future. This is completely different to a pure mint-burn mechanism (Luna) twitter.com/tehslaw/status… Quote [@TehSlaw](https://www.twitter.com/TehSlaw/status/1768773031558791211) > How exactly does @THORChain sell the 1 BTC? > > It sends it to its BTC LP for an appropriate amount of RUNE. So the BTC isn't in a vault as collateral, but it is in the network. > > To worry that TC cannot repay BTC when the loan is paid off is to worry that the number of BTC in TC… twitter.com/TehSlaw/status…