Background

Thorchain

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

Integrationstwitter

THORChain Promotes Leveraged Borrowing Strategy

Mon 18th Mar 2024
THORChain, a decentralized liquidity protocol, has promoted a leveraged borrowing strategy on Twitter. The protocol suggests users can recursively borrow against their existing loans to achieve up to 4x leverage on their Bitcoin holdings without liquidation risk, though protocol risk remains. THORChain facilitates swapping, earning, and borrowing across various cryptocurrencies like Bitcoin, Ethereum, and BNB.

Major Cryptocurrency Swap Executed on Decentralized Platform

Mon 18th Mar 2024
A significant cryptocurrency swap from USDT to BTC was successfully executed on a decentralized liquidity protocol with 99.92% execution and no reported issues such as MEV, sandwich attacks, or price protection mechanisms. The platform claims to provide infrastructure for top wallets and exchanges, allowing users to swap, earn, and borrow various cryptocurrencies including BTC, ETH, BNB, and Cosmos.
Community article

THORChain and Ordiswap Collaborate to Enhance Cross-Chain Liquidity

Thu 21st Mar 2024
THORChain, a decentralized liquidity protocol, has partnered with Ordiswap, a cross-chain swapping platform, to leverage THORChain's deep liquidity pools for facilitating seamless cross-chain swaps on Ordiswap. This collaboration aims to provide users with efficient and secure cross-chain transactions without relying on centralized exchanges or bridges.

THORChain Highlights Monero Integration and Serai DEX Partnership

Mon 18th Mar 2024
THORChain, a decentralized liquidity protocol, shared insights from a talk by Kaya Nerve on full chain membership proofs for Monero. Additionally, THORChain expressed excitement about the upcoming integration of Serai DEX with Cake Wallet, a popular cryptocurrency wallet.
Community article

THORChain Suggests Leveraged Yield Farming Strategy

Thu 21st Mar 2024
THORChain, a decentralized liquidity protocol, has shared a strategy for users to potentially generate yield. The approach involves using Ethereum (ETH) as collateral to borrow stablecoins like USDC on the THORChain lending platform at a 50% loan-to-value ratio. The borrowed funds can then be deployed into high-yield DeFi strategies, such as lending on money markets offering around 25% annual percentage yield (APY). THORChain presents this as a way for users to potentially earn returns on borrowed capital.

Thorchain Highlights Key Features and Decentralized Nature

Mon 18th Mar 2024
Thorchain, a decentralized layer-1 liquidity protocol, has emphasized its key advantages. Firstly, users receive their debt in the stablecoin USDC instead of worthless tokens. Secondly, Thorchain claims to be the oldest running layer-1 liquid protocol and the most battle-hardened. Thirdly, the protocol asserts its fully distributed nature, with no insiders involved in its operations.

THORChain Explores Decentralized Collateral Lending for Bitcoin

Thu 21st Mar 2024
THORChain, a decentralized liquidity protocol, has expressed interest in implementing decentralized, automated collateral lending for Bitcoin. The protocol acknowledges that other projects like Curve and FRAX have been working on refining the code for such functionality. THORChain is open to exploring solutions that can settle on-chain, provided they meet the necessary standards.

Influencer Shares Unbiased Perspective on THORChain Platform

Thu 21st Mar 2024
An influencer has shared their perspective on the THORChain platform, a decentralized liquidity protocol. They clarified that they are not being paid by THORChain, have not used a particular feature yet, and do not own any RUNE coins. However, they view THORChain as a highly innovative platform with solid backing and plan to further research it over the next week, promising to report their findings, whether positive or negative.

SatoshiVM Acquires $1,000,000 in Bitcoin for Mainnet Launch

Thu 14th Mar 2024
SatoshiVM, a decentralized layer-1 liquidity protocol, has acquired $1,000,000 worth of Bitcoin (BTC) using Defispot and THORChain. The acquired BTC will be used to bootstrap liquidity on SatoshiVM's alpha mainnet, which is scheduled to launch on March 15th. THORChain, a decentralized liquidity protocol, facilitated the transaction.
Community article

THORChain Announces Major Updates

Thu 14th Mar 2024
THORChain has announced several significant updates, including the launch of its native token TGT on the Arbitrum network. Key changes include the introduction of new real yield staking, the migration of old staking rewards to 0%, and the distribution of revenue cashback in USDC (ARB). A two-week migration period will be provided for users to unstake, bridge, and restake their TGT tokens on Arbitrum. Additionally, THORChain plans to create a TGT (ARB) pool on Maya Protocol for cross-chain trading and collaborate with DFX Swiss for fiat on-ramps.
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