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The swaps are decentralised using Thorchain (RUNE). Another shitcoin Erik promotes.
The only positive i see with it is you can swap from bitcoin to stablecoin and we know that there is a huge use case for this. However it has a major fault, you can't onboard fiat in a decentralised way and its kind of where the whole premise becomes unstuck.
0 sats \ 0 replies \ @OT 16 Jun
Also the KYC requirements
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