Aligned incentives are a crypto superpower By Cointelegraph
THORChain hasn’t had a simple 12 months. After three exploits within the area of a month through the summer time the protocol’s native token (RUNE) took a beating, plummeting from all-time highs over $20.00 in Could to a low of round $3.50 in late July.
Billed as a approach to alternate crypto property throughout completely different blockchains with out an middleman, the protocol disabled swaps utterly because it appeared to harden the community in opposition to exploits. With the relaunch of swaps in late October, nevertheless, THORChain’s restoration was nearly full — and the value of RUNE was inside putting distance of the $20.00 mark once more.
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