Thorchain

The cross-chain DEX market is immense and requires multiple protocols to address it. Cross-chain DEXs are resilient and adaptable. All challenges will be overcome and solutions delivered. The combination of CEX and DEX can create a successful brand, and being the first to release could solidify their position.

Cross-chain liquidity protocols are facing significant challenges but offer immense potential. Developers in this field play a crucial role and are highly valued.

The combination of centralized exchanges (CEX) and decentralized exchanges (DEX) can provide a winning solution for cross-chain liquidity. While CEX's have a large user base, DEX's offer the infrastructure for safe and secure cross-chain transactions without risks like re-hypothecation, rugs, or misappropriation. The first platform to release this combination may establish their brand as a leader in the industry.

The latest metrics for THORChain show positive growth across various aspects. User activity, swaps, savers, borrowing, liquidity fees, and THORChad passion have all seen an upward trend. Exciting news for $RUNE.

As of now, impermanent loss protection has been disabled for all LP positions. Dual LPs are advised to be cautious and accept the risks, including impermanent loss, going forward.

Yield and APRs on Thorchain frontends should be analyzed with scrutiny as they are backward-looking and influenced by price action. For Dual LPs, yield is determined by liquidity fees, impermanent loss, and synth liability. Savers only experience liquidity fees and have more predictable APRs. The time component and reference timeframe are important factors to consider. A tool is available to help visualize these calculations.

The new $wstETH pool is not yet active and needs 6k more $RUNE to become operational.

THORChain encourages and supports friendly forks, such as Maya Protocol. These forks contribute to a network of interconnected chains that can be accessed through aggregation and can collectively grow their market share.

Thorchain is making a final call for LP holders to remove their positions if they disagree with the removal of Impermanent Loss Protection. Nodes have been asked to wait to vote out of courtesy but can resume voting at any time. The current ILP exposure is 60k $RUNE.

In November, Thorchain saw a significant milestone with one hundred thousand unique swappers using the platform. This highlights the growing popularity and adoption of Thorchain as a decentralized exchange for swapping digital assets.