Checking in with ThorChain (RUNE), and things are LOOKING GOOD!

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·@revisesociology·
0.000 HBD
Checking in with ThorChain (RUNE), and things are LOOKING GOOD!
I checked in with [Thorswap](https://thorswap.finance/) a few days ago, home all things RUNE, and the protocol protocol has definitely evolved over the last year or so. All in all, it's looking solid!

### Clear options on the homepage:

We're greeted with the following options:

- swaps: you can now swap between SEVERAL CHAINS including BTC, LTC, ETH, BSC, and COSMOS. 
- Earn allows you to stake individual coins. 
- Deposit via pooling allows you to pool a range of assets with RUNE for very reasonable returns in this day and age.
- Staking allows you to stake THOR for VTHOR and earn a percentage of the fees earned through the protocol.... 

All in all things work very smoothly! 

 
![Screenshot (143).png](https://files.peakd.com/file/peakd-hive/revisesociology/23u5Qi7f3eDck7AwYstjCEAfvbnG8dj8H1xijcnkZFPLu2AVxdPbzP7rdBeF18DRWDkzH.png)

### Attractive returns in a range of pools 

There are SEVERAL options offering APRs in the 15-20% range, even BTC is yielding at that rate! 


![Screenshot (139).png](https://files.peakd.com/file/peakd-hive/revisesociology/23ynDzAjtP9jhfcMed7TLJ2PcbGQxbaXBoqk9hsSgHyb4xMDN8fGBfPz8n4KW8vPjc2ip.png)


### 5% for Bitcoin deposits

You can even earn 5-20% for just staking single asset coins. I'm not 100% sure what the risks (if any) or advantages to the protocol are, but it's an option....



![Screenshot (137).png](https://files.peakd.com/file/peakd-hive/revisesociology/23tRvSiAHxMuyoP5daWka4m31Tqb2AwnAURoyx8xQSwW2MVCAWm4m5aL1sHarZy34g9M1.png)

### Staking Thor

I had some spare THOR kicking around from a while back so I staked 1000 to get a 70% return, this gives me a portion of the fees. 

![Screenshot (136).png](https://files.peakd.com/file/peakd-hive/revisesociology/23t773vJbnmhPWAFGaj98J8jwqdYpdva7tvs8iBEjC2j9yAnY9wQvSyfyVPfRXUFWpms8.png)

I kind of wish I'd done this sooner! 

### My returns

The reason I was checking in with Thor recently is because I'd left a small amount of money in two pools and I wanted to see how they'd done: 94% up and 37.5% up respectively, compared to what I would have earned had I just let these assets sit. 

You can see there's been quite a bit of asset value shift since I added.... AVA down compared to RUNE, and RUNE down compared to LTC. 

That's why I only left a small amount in! 


![Screenshot (140).png](https://files.peakd.com/file/peakd-hive/revisesociology/Eo1vqEkaPXgSBBBhm24cRWT6wkuRzotVJQHFSRsP6iUaqi4BFLHeUSPmnzYoj7hZ6qJ.png)

That is over more than two years now, but all in all, pretty sweet for a small hedge. 

### The Rune Price... 

The price of [RUNE](https://coinmarketcap.com/currencies/thorchain/) has increased around 15% over the last year. Given the general DEFI carnage since the heyday of Summer 2021. 

O.K. Yes it's down 90% since then like everything else, but basically RUNE has survived!

RUNE hasn't done that well over the last year compared to BITCOIN (below)

![Screenshot (144).png](https://files.peakd.com/file/peakd-hive/revisesociology/23tcPAtNe1zVmmkvsGtH4TzCKtpsaZ3wn7wKuSmTraXbtpsDC4iQMfWYfm3rcq38rfy3p.png)

However compared to BITCOIN, over the last year RUNE has not fared so well: BTC is up 36% over the last year. 


![Screenshot (145).png](https://files.peakd.com/file/peakd-hive/revisesociology/23tmmf8kTD2QLNQwRzuDKTPC52v9tKYhL6JbXqeMQjYLXrfUQPKM7UsS5NeUAmbjyMQyQ.png)

HOWEVER, if we look back from the recent lows in June, RUNE is up 100% compared to around 10% for BTC!

### Rune today, final thoughts..

We now have a genuine native cross-chain DEFI protocol that functions and it's looking pretty appealing as a buy-more to me! 

I'm thinking that now I'm near my BTC target (75% of what I want), I MIGHT pool the other 95% with RUNE! 

Oh, and it'd be great to get a HIVE PAIRING WITH RUNE! 

Posted Using [LeoFinance Alpha](https://leofinance.io/@revisesociology/checking-in-with-thorchain-rune-and-things-are-looking-good-)
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