Making arrangements for ETH Denver

Whos all gonna be there?

$380m in volume for THORChain today

$201m in native $BTC volume over a $122m pool

Native asset backbone.

To the Uniswap Labs 🦄 team: THORChain can make this happen today.

2024 already shaping up to be wild

- Memoless transactions to abstract away wallet connections. Scan a QR and swap from anywhere
- Orderbooks to make arbs proactive rather than reactive. TC becomes the CEX orderbook aggregator
- Rapid swaps to do a streaming swap all in 1 block…

2023 was undeniably a turning point for THORChain.

From heavy setbacks in 2021, to collapse after collapse in the broader crypto industry, to a long two year bear market, the devs & community pushed through. Now, against all benchmarks, the network is excelling.

Onwards.

The THORChain 2023 report is out!

Dive in for a synopsis of this year's progress across all key domains.

Major thanks to FamiliarCow for driving this, with h/t to Orion (9R) - e/acc, Eridanus (9R), and others for contributions.

Next step is handling 3-5% of BTC's daily global spot volume with that liquidity.

Not a pipe dream. It's happening on THORChain.

Fact: THORChain solves for this.

Let's integrate.

The Bitcoin Cash Podcast #101: ThorChain & BCH feat. familiarcow twitter.com/i/broadcasts/1…

Lending recently eclipsed 50% capacity on THORChain.

If you're looking to take out a zero-interest, no liquidation loan against your native BTC, now's the time.

tracking here: dashboards.ninerealms.com/#lending

We've been talking about this native offramp for years—looks like people are starting to figure it out.

Like <> Like $BTC on THORChain is a game changer.

Impermanent loss protection is now disabled for all LP positions. All Dual LPs should be aware and responsible for the risks they take, including IL going forward. Onwards

⬆️➡️

Want to remove the risk of the wrapped and pegged BTC IOU's as well?

Let's work together on bringing native Bitcoin into the mix with THORChain. We're already moving ~1% of global $BTC spot volume regularly.

We're standing by to make this real for your users.

The chart that matters.

THORChain's $BTC volume as percent of global $BTC spot volume.

When your north star is clear, action is too.

THORChain

FAQS: Trading Tips on THORChain with Synths

You might know that THORChain does native asset swaps. You can take your BTC on the Bitcoin chain and trad it for Ether on the ETH chain. That's great and all but the fees are so expensive because you need to pay gas on ETH and BTC. If…

'Where do THORChain's fees come from?'

Swaps. They come from swaps.

Again: Every wallet needs THORChain's Native Bitcoin rail.

We've smoothed the rails with major brands already.

And DMs are open to teams ready to integrate—we'll make the lift light n fast. We're experts in helping teams navigate real multichain integration.

Let's get it.

Last call to remove your LP position if you disagree with the removal of Impermanent Loss Protection, so this liability can be removed for the future.

Nodes have been asked to wait to vote out of courtesy but can resume voting at any time.

Current ILP exposure: 60k $RUNE