Thorchain

Streaming Swaps, a new feature in Thorchain, was built upon years of decentralized L1 trading innovation. It introduced the concept of time domain to L1 settlement, marking a significant development in the ecosystem.

Thorchain does not have an official interface, but users can access its features by using an API query to a node and an L1 transaction. Interfaces that integrate Thorchain's features early on and provide user-friendly UIs will gain market share.

Thorchain is preparing for the year 2024 with plans to release ATH TVL, volumes, and user numbers. The focus is on achieving their goals and progressing forward.

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.