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RE: MultiChain Chaosnet is live - Valhalla awaits.

in LeoFinance4 years ago (edited)

Hey @jk6276, great to say this day arrive. I have a bunch of RUNE waiting for this day. They are currently sitting on my Trust Wallet as BEP2 (?) tokens, as far as I know. I still have to work out exactly what steps to take, to get them moved to the mainnet. And, from there, decide which LPs to tip toe into, as the little bit I have had time to read so far and, as you state in your post, there is no hurry.

I wrote a post awhile ago, with my background, about my lack of enthusiasm for "wrapped" tokens. It is very exciting to see this day when that is no longer necessary. It will be very exciting to see where RUNE and THORChain go from here! 🚀

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No rush. I'd definitely take my time swapping over to native rune from your Bep2. I'll have another post soon about a great place to learn lots of LP strategies, but the basics are to work out your time horizon and goals, and pool your Rune with something you are happy to have more of.

Native tokens are a big win, but particularly with ETH (and ERC20's) and BTC come with much higher fees so planning ahead to minimise transactions is important.

RUNE over $15 is such a nice feeling.

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Very good @jk6276. Thanks for the input! Ideally, I would like to wait until Asgardex has a Ledger-backed option, as I have never been excited about having my RUNE in the Trust Wallet. But ... Not too excited to "jump from the frying pan into the fire" either! 😉

"RUNE over $15 is such a nice feeling."

Absolutely! HODLing has been fun for months now. It will be a lot more fun from here on out I suspect! 👍🚀

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Yes, it will be better once Ledger support comes along.

The option now is a keystore, which I've never used before. Not sure I like it TBH, but maybe its just unfamiliar.

I'll probably wait for ledger, that's what I have been using for Bepswap, and it feels much safer.

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"I'll probably wait for ledger, that's what I have been using for Bepswap, and it feels much safer."

We're definitely like-minded on this! 👍 The only thing which might change it is some urgent "call-to-action" re: a RUNE <=> LEO liquidity pool. We'll see ...

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The other option, coming soon, will be a web browser extension (like Metamask) called XDeFi. It was funded by the Thorchain treasury to be a cross-chain version of Metamask to access Thorchain. Also coming soon.

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Good to know @jk6276! I actually "tip-toed" into ThorSwap today with some BNB, LTC, and RUNE. I experienced how the Asgardex wallet handled the "upgrade" to native RUNE and it went just fine.

So ...

All excited to get a little bit of LTC <=> RUNE in that liquidity pool, I was stopped by a message saying it was "full!" 😏🤷‍♀️

Guess the RUNE team is really trying to control a slow, but steady "ramp up," which is fine with me. I want to see them have great long-term success, so I'll be patient. Since I "jumped the gun" a bit with these few funds, I'll probably have to end up moving them into a new Ledger-backed account, once that opportunity is made available to us.

Or this one, you are mentioning now. Onward and upward.

Thanks again and take care! 👋

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