. $RUNE is not RUINED 

Yes, the element of leverage being introduced always made me nervous. I didn't think @THORChain needed it. The potential drawbacks outweighed the liquidity benefits. There are other ways, I still stand by that. 

If this situation happened to any other protocol, I'd be quite pessimistic. But the fact that it's happening to TC makes me far less so. 

TC allows you to swap *native* assets and generates over $30 MILLION in fees per year.

The fundamentals are strong and the protocol has proven its robustness time and time again.

$RUNE is being held by some of the smartest, most resilient minds in the space. This is important. 

Governance is a meme in most protocols - not in TC. It is these bag holders who I'm sure will make the most optimal choice to realize the long-term potential of TC. 

Protect the LPs to facilitate the swaps. This is what TC was made for and this where the revenue is. 

I agree with @ErikVoorhees that there could be better ways to experiment in DeFi. Nevertheless, a failed experiment is not a failed idea. We move on. Big shout-out to @1984_is_today for stepping in with actionable thoughts.

When you hit rock bottom the only way is up.
#RUNE