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Since the lending cap increase, 1 million dollars worth of RUNE has been burned, with significant increases in BTC and ETH collateral onboarded. THORChain's activity and volume are at all-time highs, with RUNE experiencing a surge in value. The platform is seeing a surge in loans and collateral value, with room for substantial amounts of BTC and ETH in lending.
Loans are streaming in at a huge rate. As RUNE is reflexive, the space just keeps opening up. The caps (right now) can now onboard a total of $216m in Collateral. Let's gooo!
$RUNE just opened zero interest loans again 👀 https://t.co/7vRASwz7Bz
The redemption arc has begun. ATH in swaps, volumes, users, TVL. THORChads have ground, worked, hustled and shipped for years for this moment. The largest cross-chain DEX is about to become much, much larger. Onwards.
