With all the debacle over the "fair" IDO that had whale bots take up all the cheap THOR, THORSwap added a pooling option on the site.
It started over 1000% APR, as they stated
I got in with some RUNE asymmetrically when it was over 1000%.
It had and still has the 2nd highest TVL:
It's getting close to BTC. I think by tomorrow it will pass it as more people stake into the THOR pool. It's already down clos100% APR over the past few hours.
People want something to do with their THOR, if not directly sell it. There is some selling pressure. But how much?
Seeing as how the IDO basically started at $6 with all the bots pushing the price up, $3 seems like a decent support level. But who knows, the whales can just dump tons and drive it lower.
My pool is at a loss already. I hope in 7 days when I can see what the yield has generated on thoryield that I am in the green again.
If not, it's either wait it out or bail and take the losses. I'm more of a wait it out type of person than take the loss. Let's see where THOR goes!