<321bob321> We prefer monero only wallet over doge integration

give us xxxx(x) monero or else we dont have liquidity to launch

lets skip the theatrics and discuss this^ lol

repo.getmonero.org/monero-project/c…als/-/merge_requests/619#note_32376

<321bob321> We have moonramp anyways

<ofrnxmr:xmr.mx> plowsof: Nothing to discuss

But they need liquidity to launch :(((

Isnt liquidity provided by users? What would they do with xxxx monero for liquidity?

Other than offer to sell it , is there some special defi thing they require it for?

<ofrnxmr:xmr.mx> plowsof: Make $ off of it

<monerobull:matrix.org> giving money to thorchain is irresponsible

<monerobull:matrix.org> they have what, 200 million in bad debt?

<monerobull:matrix.org> their whole protocol will go downhill

<monerobull:matrix.org> serai will replace it, its better on all fronts

<monerobull:matrix.org> as someone with monero, would you rather provide it for people to swap on thorchain where a percentage of your earnings are taken away to pay for the past recklessness of the protocol or would you just provide it via serai where you get to keep 100%

<monerobull:matrix.org> their death spiral was hilariously predictable

<ofrnxmr:xmr.mx> They prob still make good money w that 5% dev fee

<monerobull:matrix.org> "lets build this entire thing on the assumption that our VC dev-fund token will always outperform bitcoin"

<ofrnxmr:xmr.mx> Supposedly 150k/day when rune was $4. Rune is ~1$ now, and i assume volume is greater now

<monerobull:matrix.org> i checked thorswaps volume yesterday and damn they fell off

<monerobull:matrix.org> from doing 500m a month down to less than retoswap kek

<ofrnxmr:xmr.mx> So 25mill in fees?

<ofrnxmr:xmr.mx> Or how does this 5% dev fee work

5% from the 5% goes to devs

Nope im wrong sorry, 5% of all fees*

Articles dont appear on xcancel , this is the tokenomics as of oct 202t5 x.com/THORChain/status/1973855591513698429

Marketing get 5% 💪

<elongated:matrix.org> Isn’t it open source ? Someone will fork it > <@monerobull:matrix.org> their whole protocol will go downhill

<monerobull:matrix.org> there already is a fork but the code itself is not that great

<monerobull:matrix.org> as an outsider, it makes way more sense to either build directly on, or fork serai

<syntheticbird> thorchain value resides in the fact that jp was the only one to have the ball to attempt it at the time

<syntheticbird> which as of today means nothing

<monerobull:matrix.org> correct, they were the first to do crosschain

<sgp_> x.com/CBarraford/status/1978781576369492044

<sgp_> "Limitations around memo size". They have no idea what they're getting into imo. If they implement XMR, people will lose money

<loader009:matrix.org> Can someone give this room a name and upgrade the room version with /upgraderoom ?

loader009 the room appears to have no name for you?

<ofrnxmr> @loader009:matrix.org: Leave and re-join