Thorchain

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.

On December 2, 2023, 132 BTC was added to the liquidity pool on a casual Friday night.

THORChain is predicted to become the top exchange by volume temporarily, causing a significant shift in the centralized exchange landscape. The integration of swaps, savers, and borrowing powered by THORChain has the potential to generate significant revenue for major wallets, while offering better price execution and user experience than major centralized exchanges. Users are eager for this product, as it aligns with the value proposition and ethos of Bitcoin - permissionless exchange. Over $1 billion in swap volume was recorded over the weekend.

Edge Wallet has added support for native $RUNE, allowing users to enjoy self-custodied functionality like Swaps and Savers.

ShapeShift announces that users can now directly perform swaps and use savers from their Ledger wallets. This new integration provides added convenience and security for users. Happy Swapping!

THORChain's primary custodians can be anyone, including anonymous individuals who are bonded.