TOO SOON, EXECUTUS!

Whenever you decide to sell your RUNE — you`ll do it too soon! And then Ragnaros will set your “inner realms” on fire.

The dumbest thing you could do in your life would be to sell your RUNEs. The second stupidest thing is not to buy more RUNE. And here’s why:

1. RUNE is a great asset. You don’t have to sell assets for inflationary fiat, which is constantly losing value.
2. Look at Warren Buffett: he never sells his assets if they grow faster than inflation. And RUNE is definitely one of those assets.
3. So what should you do if you need money? Just make a loan, secured by your RUNEs. Very soon ThorFi (the next level in DeFi) will allow you to do this.
4. If you sell, you pay income tax. And why you shall feed the government’s dirtbags?
5. Even by conservative assumptions, the price of RUNE will rise to $32 in the coming years. By selling now, you are not only losing future gains, but you are also depriving yourself of the opportunity to make money in pools and participate in loans.
6. Just providing liquidity in the pools at the moment, you accumulate assets by which you can borrow funds at 5–10% per annum. Which you can easily repay from exchange interest and block fees.

These tips were taken from the tweets of an active community member. He gave them for free, because that’s how decentralization works — you bring something useful to the project, and everyone else brings something of their own, and everyone benefits. By helping the project, you help yourself.

For those who do not yet fully understand the scope of Thorchain, I will list future events:

1. Chaosnet with multichain support. Ability to exchange BTC, ETH, BNB and other assets directly. No regulation. No borders. No KYC. When these assets flow into Thorchain, its capitalization will increase at least 30 times.
2. The new reward system announced in Weekly Digest #70. Will increase profits from providing liquidity by up to 50%.
3. Loans. Lend available funds. Borrow at low interest. Decentralized banking from user to user.
4. Synthetic Assets. Secured by a 50\50 native asset and RUNE, they provide stability and growth to the network.
5. Bilröst. A rainbow bridge between blockchains, allowing any of the future blockchains to be connected to the system, as well as directing a powerful flow of funds through Thorchain. Wallet developers will also be able to embed Thorchain and earn commissions.
6. Asymmetric Stacking. When you add an asset to the pool asymmetrically, the asset is exchanged for RUNE to reach a 50\50 balance, which generates rewards for liquidity providers.
7. Pool activation competition. Pools that are not active will pay 100 RUNE every churn (about every 2 days) until they are activated, or go out of the system. These rewards also go to liquidity representatives. Also, this policy will allow to keep only demanded assets in the network, self-cleaning from shitcoins.
8. Insurance against impermanent losses. Any liquidity provider who keeps funds in an active pool for more than 100 days (the term is negotiable) will be insured against IL. This feature will be especially useful in pools with stablecoins.

As we can see, we are on the verge of incredible change, and the team assures us of a speedy start:

and although it’s not noticeable, RUNE is starting to gain power in the Battle of the Portfolios:

The leaders of the previous month — Pancake Swap tokens lost their advantage, and gave way to MANA tokens of the Decentraland project. Apparently, the old “%any_name%-swap” hype has squeezed out by new NFT hype. Also, the Matic token strengthened its position.

By the way, the pool with Matic was recently launched in Bepswap on Thorchain network and now it can be provided in liquidity, and earn interest simultaneously in Matic and RUNE!