RUNE lagging behind in the Battle of Portfolios
The first week of the Battle of portfolios has passed, and Viking’s fervor has clearly waned: after the rapid rise to the tops, the RUNE token barely touched the $5 mark and began to cool down.
The first places kept changing owners: we had saw portfolios with BTT, which suddenly woke up, and “hare-faces” of cakes, which caught the wave of DeFi hype, has became leaders this week. But no one could get a foothold for a long time: the general growth of the market constantly pushes up, and it seems that wherever you invest money now, you will definitely increase your wages.
However, only marathon runners with a quality foundation will survive the long distance. And that foundation for RUNE is its killer feature: liquidity pools. The AsgardDex wallet is in the final stages of testing, which will allow the transition from binance-chain to multichain, which includes both BTC and ETH. Free decentralized exchange between major blockchains is just around the corner!
Along with the multichain, the team promises insurance against IL:
IL (Impermanent Loss) was the last major psychological obstacle for users in providing liquidity at pools. After the introduction of insurance payments (to everyone who kept assets in pools for more than 100 days and still suffered from IL), the depth of pools should increase significantly, attracting more users to get their personal “money printer”.
The battle continues, and only the enduring warrior will make it to the end. And you know its name.