THORChain: 60 million RUNE have been destroyed from the reserve reserve
Decentralized L1 liquidity protocol THORChain announced that it has burned 60 million RUNE coins from its reserve, creating 20 million RUNE coins (worth about $140 million) in lending and collateral space. Currently, THORChain's lending platform has enough space to accommodate 2,000 bitcoins or 36,000 ETH, with no liquidation or interest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget pre-market trade mapping: MAJOR POINTS (MAJOR) orders to be mapped to Major (MAJOR) orders
We're excited to announce that we will commence the mapping of MAJOR POINTS (MAJOR) pre-market orders to Major (MAJOR) orders. This change follows the Major(MAJOR) project team’s announcement of the tokenomics and total supply. MAJOR POINTS (MAJOR) total supply: 10 billion Major(MAJOR) total supply
Ordinals Inscription Casting's cumulative fee income exceeded US$600 million, setting a new record
Trending news
MoreCrypto prices
More
