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RE: Ledger Live integrates Thorchain SWAPS!

in #leofinance • last month

They are de-leveraging all the Savings part of Thorchain. The goal is to close it some time.
It all will be moved to the app layer. The reason for that is to de-risk the protocol and make it very stable for large investors.
Good choice IMHO.
The app layer will be ready somewhere in the Q1 of 2025.
Savings, Loans, and many more!
A little more patience!

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         last month 

        OH OK so the loan thing didn't work out... is it just back to LPs then...?

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               last month 

              The loans were successful, but they finally decided that it's not worth the risk. There would be loans again but using a different method where it's impossible to death spiral or steal the funds.
              Let's see. Are you a Rune hodler?

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                     last month 

                    Ah OK - I've a few hundred but just doing nothing!

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