This is the latest design and documented on https://docs.thorchain.org/thorchain-...

This video looks at THORChain THORFi Lending in preparation for the Lending going live.
There is a focus on how Lending works in simple terms as well as the risks THORFi Lending has with THORChain and the how network settings impact the lending risk profile.

This video covers:
Lending Overview (How THORChain Lending Works)
- Lending Terms
- Network Benefits
How Lending Works
Lending Risks
- Implemented Mitigation and Contingency
Detailed Walk Through
Next Steps

If you have questions regarding THORFi Lending I didn't cover, let me know in the comments section.

Timeline
0:00 Intro
0:32 What is THORFi Lending?
1:44 Loan Terms
3:09 Network Benefits
3:34 How Lending Works
5:58 Risks and Controlling the Risk
8:53 Lending Lever
11:33 Collateralisation Ratio
14:18 Changing Lending Risk profile
15:17 Detailed Walk through
18:27 V Pool Depths
17:15 Next Steps
20:04 Outro

Music
bensound dreams
bensound scifi

GrassRoots Crypto is an independent Crypto content provider. See my website at https://grassrootscrypto.io/

Donations
If you like my videos and want to go beyond a like and a sub, you can tip me using the below;
Binance Address (BEP-2) - bnb14fl4tudhfjxrhtvwx3mspsjrq2ncn3rwunnekr
Ethereum Address (ERC-20) - 0x9647b2c35df9394172c30478be6b3c373d92fd84
Native RUNE - THOR Address - thor1mjyg60v0jw04jka8vzzlvh5nknhrepl8lwaf7z
Bitcoin Address - bc1qdh8n9h0xu4cxwkkc0pem73j66ckqsyy8sva24r
Litecoin Address - ltc1qtwusm7pk5l0d72wm8uc32h9ateh2ryufdz282j
Bitcoin Cash Address - qpqgqr73y9w997fdk4d467k7ugrk3xzp35lsa9gt4f

Referrals - (coz everyone does it)
CoinSpot an Australian Exchange and one the easiest exchanges to buy and sell Crpyto. They are simple to use and I would recommend to beginners. “Refer a friend to CoinSpot and you will both receive $10 worth of Bitcoin* after they complete their first AUD deposit.”
Ref code is R8UBQA

Binance is the world’s largest exchange by market cap. They have very cheap fees a very wide range of services however they are not simplest to use. Recommended for more advanced or quick to learn users. “This link will give you 5% back on fees”
Ref code is ICX9L9FZ

NOTE: The information is provided to understand the general concepts only and not meant to be a 100% accurate.
These are general concepts. You are encouraged to do your own research. Each system including THORChain and UniSwap have their own fee and incentive structure and specific details that you need to be aware of before using the system.

Disclaimer:
THIS IS NOT FINANCIAL, TAX OR LEGAL ADVICE. DO YOUR OWN RESEARCH, TAKE RESPONSIBILITY FOR YOUR OWN FINANCES AND DECISIONS.
This is videos are starting point for your learning. They are not mean to be fully comprehensive or provide all the facts. You are encouraged to review other information and make your own decisions. While effort is made to make the content accurate – it may not be accurate or its accuracy may change over time. The information provided are opinions based on publicly available information.
See more at https://grassrootscrypto.io/Disclaimer/

#Crypto #THORChain #Rune #Bitcoin