A typical ThorChain investor psychology expressed by TehColeSlaw Twitter thread is interesting and engaging to read, at least for those on ThorChain who are able to relate:
My capital and attention was ready to wander just as Thorchain was launching Single-chain Chaos net.
Next my focus flowed to THORChain, low-market cap gem hunting in the DerivDeFi space, and other L1 ecosystems (SOL, AVAX, Terra). In the competition for my attention that ensued, THORChain dominated. It’s shipped, delivered and performed. I found a home.
Now, I am a mythological squirrel of focus, commitment, sheer will. Your RUNE are belong to me. Valhalla for this rodent with a tail. From my perspective, RUNE remains the best low-market-cap gem in the market.
I know it’s fun speculating in coins with one-100th of RUNE’s market cap. But THORChain’s addressable market is the entirety of the top 100 most economically useful tokens in the whole of crypto. It is a superset of all DeFi projects.
It is foundational to the crypto economy, perhaps only behind Bitcoin and Ethereum. Plenty of projects with their own tokens may well emerge from this ecosystem. Acorns from and for a mythological squirrel perhaps? Or whatever it is that falls from Yggdrasil.
I have several decades of experience in Wall St financial markets. I began as a research analyst and eventually built an investment bank around my particular expertise. I’ve been in crypto since 2016. I know the intersection of crypto and finance.
Now I feel like I get to reprise my first career. I will do my best to be at the leading edge of this ecosystem. I have introduced myself the many of the new projects. And new projects, feel free to get in touch. Seriously.
I feel a level of professional engagement that I haven’t had for many years. Asgard awaits! Currently, I publish my thoughts and research efforts to twitter and just started with medium. This post is my first. I hang out with the Qi Capital crowd.
I participate on the THORChain community dev discord and telegram. I lurk in plenty of places. Squirrels always lurk. I believe a crypto native capital markets is going to be stood up on top of THORChain.
It will have not just tokens, but also yield curves, fixed income, futures, options, leverage, and structured tokens that TradFi can only wish for.
Maybe we will even see even a wallet-oriented node-backed state machine that handles the provisioning of leverage and the occasional need for liquidations across all of these products- an automated FTX - working aside the world’s most important vault - THORChain Mainnet.
You understand that more value is going to be stored in Thorchain Mainnet than all gold vaults around the world? That’s your mind melting.
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