Follow Frank on X.

Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay its creditors.

As of the time of the post, the total amount of bitcoin to be repaid to depositors was 1,604, while the lending pool only had 592 bitcoin in it.

We need to be raising awareness on just how bad of a shape Thorchain lending is right now, posing a potential risk to the protocol itself.As it stands,…

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