Thorchain

According to recent analysis, trading directly on THORChain would have resulted in the lowest fees, with only $138.45 and 5BP slippage. In comparison, other options such as Asgardex, ShapeShift, and THORSwap would have charged significantly higher fees ranging from $402 to $930 and slippage ranging from 10BP to 30BP.

After 4 years of hard work, THORChads have made THORChain the number one protocol for cross-chain value transfer in the world.

In the Thorchain community, savers have earned over 20 BTC by providing liquidity. The yield comes from liquidity fees generated from swaps.

In celebrating the new year, the Thorchain community is focused on providing liquidity for Bitcoin.

As of December 31, 2023, $LINK can now be accessed and traded on any swap interface that is powered by THORChain.

The $LINK pool has reached the threshold and will become active in 1-2 days during the next pool churn.

The Thorchain community has successfully staged a $LINK pool, which allows anyone to create an ERC-20 pool. Trading will be activated automatically once 10k+ $RUNE (equivalent to $LINK) has been added. Liquidity providers can now start adding funds to the pool.

THORChain's unique design principles, including a capped number of validators, slot-based rewards, separate bond provision role, and freedom for node operators to set fees, are being acknowledged in V's updated ETH PoS proposal. This validation is significant for THORChain, which has had these design considerations for the past four years. The proposal recognizes that more validators do not necessarily translate to more decentralization. It also addresses the issue of one large player achieving economies of scale and capturing the network. THORChain's network design, built from first principles, is now being observed in other projects like Maya Protocol and Chainflip.

Starting from 2023-12-30, users can swap on Thorchain (TC) without the need for a VPN, account, or registration. As long as users can make a layer-1 transaction, they can easily perform swaps on TC.

In 2023, Thorchain expects a big year with several factors such as the BTC Halving, BTC ETFs, and cooling interest rates. Thorchain is ready with its native unwrapped currency to support these developments.