Thorchain
Decentralised L1 Liquidity Protocol. Swap, Earn, & Borrow - BTC, ETH, BNB, Cosmos & more. Infrastructure for top wallets & exchanges.
Integrations
Market Analysis and Trade Thesis Shared by THORChain
Thu 14th Mar 2024
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.
Thorchain Announces 2 Million RUNE Burnt Since Caps Opened
Mon 11th Mar 2024
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.
Thorchain Community News Update
Mon 11th Mar 2024
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.
Lending cap increased to $250 million
Mon 11th Mar 2024
The lending cap has been raised to $250 million. Exciting developments ahead.
Thorchain Introduces Native Bitcoin Collateral Lending
Mon 11th Mar 2024
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.
Recent LP Deposit of $ETH on THORChain
Mon 11th Mar 2024
THORChain observed a significant $ETH liquidity provider deposit 22 days ago, which has already yielded a 70 eth profit.
Increased Collateral Onboarding on THORChain
Thu 29th Feb 2024
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.
THORChain Protocol and Node Operations
Mon 11th Mar 2024
THORNodes are responsible for running the THORChain protocol. Running a node is recommended for large borrowers who wish to ensure the terms on their position. Acquiring RUNE tokens and bonding in allows anyone to run a node, enabling them to campaign, dissent, approve, and publish new ADRS.
Increased Swapping Activity on Thorchain
Mon 11th Mar 2024
Over the last 24 hours, Thorchain has seen significant swapping activity with multiple transactions involving BTC. Despite the recent swaps, the community is encouraged to increase the size of their swaps, aiming for 1000 BTC transactions.
THORChain Launches Streaming Swap with BTC and ETH
Mon 4th Mar 2024
THORChain has announced the start of a streaming swap featuring 68.0 BTC ($4.7M) to ETH, with 299 swaps every 3 blocks. The duration is approximately 1 hour and 29 minutes plus outbound delay.
