Background

Thorchain

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

Integrationstwitter

Standing $50k Bounty for Community Members to Call for Protocol Pause

Mon 8th Apr 2024
A decentralized layer 1 liquidity protocol has announced a standing $50k bounty for any community member who is first to identify a suspicious transaction and request a node to initiate a protocol pause. The protocol acknowledges the complexity of the system and the potential for unforeseen edge cases, positioning the community as a crucial line of defense. False positives will not be paid but will also not attract criticism, as the protocol encourages a 'halt early, halt often' approach to mitigate risks.

THORChain Achieves Record Swap Volume, Lending Activity Surges

Thu 29th Feb 2024
THORChain, a decentralized cross-chain liquidity protocol, has reported record swap volume exceeding $20 billion since the start of 2024, with over half of this volume generated in the last month alone. The platform has also witnessed a significant increase in lending activity, with collateral deposits of Bitcoin and Ethereum surging in recent weeks. THORChain's lending module allows users to borrow against their cryptocurrency holdings without interest or expiration, providing a unique opportunity in the DeFi landscape. As the protocol continues to gain traction, industry observers anticipate further growth in THORChain's swap volume and lending activity in the coming months.
Community article

THORChain March 2024 Report Highlights

Thu 4th Apr 2024
THORChain, a decentralized layer-1 liquidity protocol, has released its March 2024 report. Key updates include raising the Standby Reserve burn and Lending Cap, reducing transaction delays by adjusting Confirmation Counting and Outbound Delay parameters, initiating the BEP2 Ragnarok, and implementing trading pauses. These changes aim to enhance the protocol's efficiency, security, and overall user experience.

THORChain Swaps Now Tracked on Etherscan

Thu 4th Apr 2024
THORChain, a decentralized layer-1 liquidity protocol, has announced that its swaps are now being tracked on Etherscan. This integration allows users to view and monitor THORChain transactions on the popular Ethereum blockchain explorer. THORChain facilitates swaps, earning, and borrowing across various cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and Cosmos. It serves as an infrastructure for top wallets and exchanges, providing liquidity solutions in a decentralized manner.

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
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