Single-staking assets for yield farming is not a new concept. What is a new concept is single-sided staking assets that are actually productive.
Thorchain is implenenting a synthetic RUNE protocol-owned liquidity mechanic. This will allow native BTC holders, for example, to deposit BTC by itself into a Thorchain pool and only be exposed to BTC upside and downside (no Impermanent Loss).
It's an innovative and bleeding edge feature. DeFi has never seen anything like it and it's being implemented on Thorchain in 2022!
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▶️ 3Speak
This is why i so much love thorchain. Always innovative and ahead in the DeFi space. Would be nice to see how it actually works when it gets implemented
Posted using LeoFinance Mobile
Wow thorchain are doing it great and the innovation of the future, which I believe the implementation will move this community to greater high. Good job from the teams
Thorchain is really moving to the right direction with massive improvement and innovation with that aspect am really impressed.
It can only get better with the level at which thorchain is going now and honestly making a move to shift my attention to leo finance this time is one vest decision have made so far.
For thorchain it can only get better
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