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If You Want IN on Thorchain, do it NOW (RIGHT NOW!) - They've just raised the LP caps!

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@revise.leo
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I just staked some Rune with the following on Thorchain Main via Trust Wallet:

  • Rune - AVA (170% APY)
  • Rune - BUSD (70% APY)
  • Rune - BNB (50% APY)

Sweet returns for a chain that offers 100% Impermanent Loss Protection after 100 days of staking.

NB - this is just a quick FYI post and thanks to @mistakili for letting me know promptly that the caps had been raised. I'd just happened to have been looking at Thorchain yesterday evening being annoyed that I couldn't pool anything due to the LPs being at their cap limits!

If you want an in on this - go the Thorswap Home and click on 'launch the app' then pooling is the same as BEP - but you will need to swap your BNB Rune for Native Rune first (Easy enough).

NB - There aren't many people writing about staking on Thorchain Mainnet, but with the TWT integration, it was time for me to jump in.

@mistakili did a decent write up here, so I set him as a beneficiary on this post, and for the heads up too!

The Cap was Raised by 2.5 Million from 7.5M to 10M Rune - It's about 50 minutes now from the cap raise and we're already up to 8.1M - so get in while you can if you want some, it'll probably be full by early evening!

Posted Using LeoFinance Beta