I guess this is one way to get on your feet again

in crypto •  18 hours ago 

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A few months back THORChain came under the spotlight for giving away too much money compared to what is was brining in and shut down a lot of their operations. This is know as a ponzi honestly in which more money has to come in in order to pay out the first time investors and it's a HUGE issue for THORChain.

Since then they have been trying to generate fees in other areas to cover the costs and it just so happens that the recent mega hack the biggest ever yet of Bybit is using Thorchain to do most of their transfers resulting in so far 5.4 billion dollars worth of volume and 5 million dollars in fees.

I mean I guess that's one way to get back on your feet? To me this just makes me never want to touch Thorchain now as it seems like the scummiest scam place ever right now.

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