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New THORChain Proposal: Introducing RUNEVault 2.0 to Enhance Liquidity and Reduce System Risk

New THORChain Proposal: Introducing RUNEVault 2.0 to Enhance Liquidity and Reduce System Risk

2024/01/18 00:28

THORChain has released a new proposal to add RUNEVault 2.0, aiming to increase THORChain's Total Value Locked (TVL) by monetizing TVL through exchanges. However, it was mentioned that there are issues with the Dual-LP UX and fewer users who understand the market risks and are willing to participate.

Depositors having a good experience on THORChain is key to increasing liquidity. To provide guarantees, they are currently provided by Dual-LP and PoL, and the upcoming changes will match PoL with depositors at a 1:1 ratio.

A new concept was then proposed: RUNEVault. This concept allows RUNE holders to "stake" in it and earn RUNE by sharing the profits of all PoL pools. This helps reduce system risk, simplify cognitive load, and create demand for RUNE.

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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.

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