THORChain – Fool Me Twice

Shame on you indeed. Much like the former leader of the free world, one DeFi protocol has had apes in thrall to its narrative of global domination. A force to break down walls between chains and conquer every territory on offer. Thorchain has been the darling of the wokest of woke defi influencers with its unique proposition of swaps between real cryptocurrencies from completely different blockchains without using “wrapped” or synthetic versions. They call it the chaosnet, multi-chain incentivised liquidity pools that make it all possible. And by all, I mean hacks and if there’s one thing guaranteed to call chaos… well… you get the idea.

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Links
https://www.rekt.news/thorchain-rekt/
https://www.rekt.news/thorchain-rekt2/
https://docs.thorchain.org/thornodes/overview#:~:text=To%20run%20a%20node%2C%20you,Rune%2C%20currently%201%20million%20Rune.
https://www.coindesk.com/thorchain-8-million-exploit-bifrost
https://cointelegraph.com/news/possible-white-hat-hacker-exploits-thorchain-for-8m-proposes-10-bounty

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