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RE: Testing THORChain Lending

in LeoFinance10 months ago

I'm using Trust Wallet just because I am.
It's the official wallet of Binance and pretty popular.
That being said Binance putting their brand on it doesn't necessarily make it super trustworthy.

A replacement for Metamask might be something like XDEFI.
I'm also using that lately to interact with RUNE (ThorChain) and CACAO (Maya)

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Thanks for the Alpha. I am checking out XDefi now.

In regards to Thorchain Lending platform, it looks like you can deposit Ether and Bitcoin right now, but not Rune?

I think it's a great idea to borrow borrow against your Bitcoin to buy Rune.

I am just thinking through my plans to accumulate Rune and exploring my options.

Off topic, I am interested in the WLEO/CACAO trading pair planned for MAYA.

Do you know if MAYA has the same protections for Liquidity Providers as Thorchain?

I think Thorchain has some type of fee sharing protocol to protect them from losses.

Thanks, I appreciate you sharing your point of view..