ive been asked several times, what do i see as the end game for $RUNE?

imo it is when @thorchain_org as public infrastructure is being used and built upon by other public / private 3rd parties to draw upon its deep liquidity and of course, pay fees to the network for using it https://twitter.com/DegenSpartan/status/1222713617637732352

for example of "public infrastructure" in Ethereum,

can you build a real world "stablecoin OTC desk" and actually just use @CurveFinance + @mstable_ under the hood and slap on your own fees on top of that when you quote?

absolutely, just don't tell your customers about it lol

can projects build on top of and use @UniswapProtocol @BalancerLabs @KyberNetwork as liquidity sources to swap tokens behind the scene or fill trades?

so many already are

can centralized exchanges with silo-ed liquidity use @thorchain_org behind the scenes to inject liquidity into their books and uplift with a small "bridging" fee?

if asgardex works, im certain that this will eventually happen

the idea of tapping onto public liquidity pools for better fills is actually NOT some hypothetical super futuristic idea that isn't possible to be done today

it is already being done with @1inchExchange splitting orders

it is already done by @dexdotblue and @SwitcheoNetwork

imo, @thorchain_org will provide the global generalized base liquidity for all connected chains and pools

"protocol sink thesis"

then above that you get your chain and token pair specific AMMs

then above that you get limit order books / CEXes

then above that you have your OTC

i'd admit that against Ethereum-based AMMs, it will be a tough competition

there are already several projects and protocols rather efficiently covering the market already

however, as long as 1 asset of the pair trade is not Ethereum based, that is where @thorchain_org comes in

for eg. with native BTC-USDT trades, you never had a more "primitive" option than trusting a CEX

with @thorchain_org, this changes

now you have an option to bypass centralized custody, georestrictions, KYCAML

have a BTC address,
have an ETH address,
that's all you need

ideologically from the PoV of a crypto-anarchist, what is there not to like?

that it launched on @Binance_DEX?
it had to launch somehow

that it is on @bepalliance and not an ERC20?
token migration to a neutral platform already announced

the only "good" argument is that "everything of value will eventually migrate to Ethereum anyway, so bridges aren't needed"

to which i say

1) that is NOT the reality today
2) what if it doesnt?
3) and if it does, wouldn't a bridge help facilitate that value migration?

as retarded as it is that ppl are trading around XRP LTC BSV, activity is activity

if you choose to discriminate "speculation" with "fundamentally valuable" activity, that is your own prerogative

i try not to only see what i want to see
i try to see things for what they are

which is ironic, since Ethereum ppl are happy to talk about their robust fee market which is basically

1) ponzis
2) trading activity of plenty of retarded tokens
3) defi whales fucking everyone else

"but they pay tx fees" is the same reason you bet on $ETH that i bet on $RUNE

anyway, this turned out to be more of a rant

just wanted to say that as long as @thorchain_org doesn't blow up (technical / execution risks), the idea of the project and the investment thesis of $RUNE is solid AF