Thorchain

THORChain, a decentralized liquidity protocol, has announced the upcoming release of the $RUNE Savers feature in their v109 update. This new feature will allow users to earn rewards by providing liquidity to the protocol's pools. THORChain facilitates swapping, earning, and borrowing of various cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and Cosmos-based assets. The protocol serves as infrastructure for top wallets and exchanges.

THORChain, a decentralized liquidity protocol, has announced plans to introduce a one-click swap feature that will allow users to seamlessly exchange THORChain (TC) assets for Maya assets. This integration is expected to be implemented once the aggregation functionality is deployed. THORChain aims to provide a comprehensive infrastructure for top wallets and exchanges, enabling swaps, earning, and borrowing across various cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and Cosmos.

THORChain, a decentralized layer-1 liquidity protocol, has announced an upcoming cross-chain exploration event scheduled for March 13th. The event will feature discussions with THORChain, Hatom Protocol, and Exponential DeFi, exploring the world of decentralized finance (DeFi) across multiple blockchain networks. THORChain enables users to swap, earn, and borrow cryptocurrencies such as Bitcoin, Ethereum, Binance Coin, and Cosmos tokens, while providing infrastructure for top wallets and exchanges.

THORChain shared a thread detailing market analysis, thesis, and trades for the upcoming weeks. The discussion includes topics like $rune, long short trading pairs, retail onboarding, institutional capital, price targets, and ethbtc.

Since the caps were opened, 2 million RUNE has been burnt, with 20 million more to go. Currently, out of the 26 million RUNE allocation, 6 million is being used, leaving 20 million remaining.

Since the caps opened, 2 million $RUNE has been burnt, with 20 million remaining to reach the goal. Progress is being made towards the target.

The lending cap has been raised to $250 million. Exciting developments ahead.

Thorchain has introduced lending with native Bitcoin collateral, a significant development for DeFi. Users can borrow against their BTC without selling it, avoiding liquidations and theft risks. The system has safeguards against potential risks like mass collateral redemptions.

THORChain observed a significant $ETH liquidity provider deposit 22 days ago, which has already yielded a 70 eth profit.

The collateral onboarding rate on THORChain has increased significantly, now reaching up to $1m/hour. This has led to higher lending caps, with the total collateral that can be onboarded at $216m currently. The reflexive nature of RUNE continues to open up more space for loans.