Background

Thorchain

Decentralised L1 Liquidity Protocol. Swap, Earn, & Borrow - BTC, ETH, BNB, Cosmos & more. Infrastructure for top wallets & exchanges.

Integrationstwitter

THORChain Explores Integration of Uniswap V4 for Improved DEX Aggregation

Mon 1st Apr 2024
THORChain, a decentralized liquidity protocol, has announced that it is considering integrating Uniswap V4 into its SwapKit and THORSwap API. The team believes that Uniswap V4 could significantly enhance pricing for decentralized exchange (DEX) aggregation routes. THORChain has stated its commitment to continuously adding more swap options that benefit users.

THORChain Integration with GiddyDeFi Wallet

Thu 21st Mar 2024
THORChain, a decentralized liquidity protocol, has announced its integration with the GiddyDeFi mobile wallet. This integration allows GiddyDeFi users to access decentralized cross-chain swap routes directly within the app, enabling them to seamlessly transfer cryptocurrencies between major blockchain networks like Bitcoin and Ethereum with a single tap. The partnership aims to break down network barriers and provide fast and easy cross-chain bridging capabilities for users to send their crypto wherever needed.
Community article

THORChain Teases New Addition to dApp Store

Mon 1st Apr 2024
THORChain, a decentralized layer-1 liquidity protocol, has hinted at a new addition to their dApp store through a tweet. The protocol, which facilitates swapping, earning, and borrowing of various cryptocurrencies like Bitcoin, Ethereum, BNB, and Cosmos, has not provided further details about the upcoming dApp. THORChain serves as infrastructure for top wallets and exchanges.
Community article

THORChain User Tests Borrowing Functionality

Mon 1st Apr 2024
A user of the decentralized liquidity protocol THORChain has reported testing the platform's borrowing capabilities. They took out two loans - one to borrow Bitcoin using Bitcoin as collateral, and another to borrow the native RUNE token using Bitcoin as collateral. THORChain is a Layer 1 protocol that facilitates swapping, earning, and borrowing across various cryptocurrencies like Bitcoin, Ethereum, Binance Coin, and Cosmos-based assets. It aims to provide liquidity infrastructure for top wallets and exchanges.

THORChain Unveils New Lends dApp Interface

Mon 1st Apr 2024
THORChain, a decentralized layer-1 liquidity protocol, has announced the launch of a new interface for its Lends dApp. The updated interface aims to provide a simpler way for users to borrow, swap, and earn securely while utilizing THORChain's native products. The protocol encourages users to be among the first to try out the new interface.
Community article

Decentralized Liquidity Protocol Distributes $150 Million in Earnings

Thu 28th Mar 2024
A decentralized layer-one liquidity protocol has announced the distribution of $150 million in earnings to its nodes, liquidity providers, and savers. The protocol facilitates swapping, earning, and borrowing of various cryptocurrencies, including Bitcoin, Ethereum, BNB, and Cosmos. It serves as infrastructure for top wallets and exchanges, and anyone can join the community.
Community article

THORChain's Sustainable Revenue Model

Thu 28th Mar 2024
THORChain, a decentralized layer-1 liquidity protocol, has been steadily increasing its revenue from liquidity fees over the past two years. The protocol, which facilitates swapping, earning, and borrowing of various cryptocurrencies like Bitcoin, Ethereum, BNB, and Cosmos, has seen its income from liquidity fees grow from around 10% to approximately 40% during this period. The long-term goal is for liquidity fees to account for 100% of THORChain's revenue, demonstrating a sustainable business model for the decentralized finance (DeFi) platform.
Community article

THORChain Protocol Revenue Reaches Significant Milestone

Thu 28th Mar 2024
According to a tweet from the official THORChain account, the decentralized liquidity protocol's revenue has reached $5 million per month, equating to $60 million annually. The tweet highlights that this revenue stream provides a substantial budget for security and development efforts. Additionally, the protocol's integration with various wallets contributes further revenue to support the ecosystem. THORChain is a Layer 1 protocol facilitating swaps, earning, and borrowing across multiple blockchain networks, including Bitcoin, Ethereum, BNB Chain, and Cosmos.
Community article

Decentralized Bitcoin Protocol vs. Trusted Federation

Thu 28th Mar 2024
THORChain, a decentralized layer 1 liquidity protocol, is promoting its open-source code and permissionless nature as advantages over centralized alternatives for Bitcoin transactions. The protocol enables swapping, earning, and borrowing of various cryptocurrencies like BTC, ETH, BNB, and Cosmos tokens. THORChain positions itself as infrastructure for top wallets and exchanges, emphasizing its community-driven and transparent approach.

The Future of Decentralized Exchanges and Centralized Exchanges

Mon 25th Mar 2024
According to the news content, the future of decentralized exchanges (DEXs) lies in a few major protocols adopting a divide and conquer approach to liquidity and blockchain networks. These protocols will aggregate and route across each other from major wallets. The future of centralized exchanges (CEXs) is to wrap and run nodes from this 'meta protocol'. The news mentions that TC works with Chainflip, Maya_Protocol, and soon SeraiDEX, stating that it will be impossible to ignore and shut down. The ecosystem being built around TC, Chainflip, Maya, and application layer projects is described as the DEX play, with no other alternative for those wanting DEXs to surpass CEXs.
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