Thorchain
Decentralised L1 Liquidity Protocol. Swap, Earn, & Borrow - BTC, ETH, BNB, Cosmos & more. Infrastructure for top wallets & exchanges.
Integrations
Thorchain community news: maxCR 200% and 60m BURN update
Thu 22nd Feb 2024
Thorchain community discusses the upcoming maxCR increase to 200% with a loan-to-value ratio of 50%, anticipating that loan caps will be quickly reached. Additionally, the 60 million BURN is scheduled to take place within the next 2 weeks, sparking a debate on which event will occur first.
THORChain Generates Nearly $1 Billion in Volume in 7 Days
Mon 19th Feb 2024
THORChain has achieved nearly $1 billion in volume, ranking it as the 5th chain with the highest volume in the last 7 days. Other projects like Maya Protocol are also performing strongly. $RUNE $CACAO
THORChain to Offer Free Leverage on BTC and ETH
Mon 19th Feb 2024
THORChain announced that free leverage on BTC and ETH will be available again, allowing users to increase their positions without paying interest fees or facing liquidation. A looped ETH position is currently showing an additional 44% gain compared to holding spot.
Building the World's Biggest Decentralised Bank with THORChain
Mon 19th Feb 2024
THORChain aims to build a decentralized bank powered by liquidity, the core yield engine. The project envisions mimicking traditional banking services like deposit accounts, cheque accounts, and credit accounts. $RUNE
ADR12 Receives Strong Support in Thorchain Community
Thu 15th Feb 2024
ADR12, a proposal in the Thorchain community, has garnered strong support. The proposal includes burning 60 million RUNE, allowing lending collateral to scale up to around 25 million RUNE, and providing collateral to TC for monetization.
Voting on burning $RUNE and reducing collateralisation ratios underway
Thu 15th Feb 2024
Currently, there are 103 THORNodes participating in a vote to decide whether to burn 60m $RUNE tokens, valued at over $300m, and lower lending collateralisation ratios to 200%. The current vote tally stands at 32% in favor. Community members are encouraged to join the discussion on Discord.
BNB Beacon Chain Retirement Reminder
Mon 12th Feb 2024
Thorchain community announced the retirement of the BNB Beacon Chain. Users are advised to withdraw their assets before the end of the month. This change does not affect BSC LPs.
Tweet by @THORChain
Mon 12th Feb 2024
Non-custodial wallets that support Bitcoin & Ethereum are encouraged to integrate Thorchain for permissionless swaps, as highlighted in a tweet by @THORChain.
$LENDS Trading Now Live on Various CEXs and DEXs
Mon 12th Feb 2024
The trading of $LENDS is now live on a range of centralized and decentralized exchanges. The team behind $LENDS has been commended for their hard work in building on THORChain.
Chads build on Bitcoin not because it is easy, but because it is hard
Thu 8th Feb 2024
THORChain is available for those in need of deep liquidity to support their transactions in the challenging world of Bitcoin.
