THORChain: 60 million RUNE have been burned, creating space for 20 million RUNE for lending collateral
ChainCatcher news, the decentralized cross-chain AMM protocol THORChain stated on X that it has burned 60 million RUNE from its reserve, creating space for 20 million RUNE (approximately 140 million USD) for lending collateral. There is now enough space in THORChain lending to accommodate 200 Bitcoin or 36,000 Ethereum. No liquidation, no interest.
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