247853
THORChain

@thorchain #247853

Decentralised Native Asset Liquidity Protocol ⚡️Swap, Earn, and Borrow - BTC, ETH, BNB, Cosmos & more ⚡️ Infrastructure for top wallets & exchanges
126 Follower 10 Following
Base is now live on THORChain 🎉
317245
THORSwap
@thorswap·17:34 16/01/2025
📢@base, the exciting Ethereum L2 is now supported on @thorswap!

Swap Base $ETH, $USDC 🔁Native BItcoin, Ethereum mainnet, BNB & more via @thorchain powered by SwapKit.dev

No more CEX, let's on-board the global economy onchain — one cross-chain swap at a time ⚡

Learn more: 🧵👇
https://thorswap.medium.com/base-now-supported-on-thorswap-trade-cross-chain-yield-via-thorchain-3e7ca6a13aa9
THORChain Q1 Highlights:
⚡️+53% volume growth
⚡️+48% liquidity growth
⚡️+57% in savers growth
⚡️$8m collected in liquidity fees
⚡️$4.9m collected by interfaces

Read the full report on Medium:
https://medium.com/thorchain/thorchain-q1-24-ecosystem-report-67a640fd08c1
THORChain Mainnet turns 3 years old today 🥳🎉
https://i.imgur.com/pbak0yT.jpg
GM Bitcoiners and DeFi Enthusiasts 👋
100 BTC to ETH swap executed between two non-like assets in a XYK AMM was completed at 3BPS slippage.

Just wrap your head around that.
https://i.imgur.com/6GKwcqP.jpg
Lending caps have been raised

Borrow against native BTC - no liquidations, no interest, no expiry
317245
THORSwap
@thorswap·17:52 07/03/2024
📣 @thorchain Lending caps have been raised! ⚡

Open a loan on with 50% LTV, no liquidations, no expiry, and no interest. Native BTC or ETH is accepted as collateral. 30 day minimums.

Experience the best in DeFi lending today at: https://app.thorswap.finance/lending
ADR12 has passed & will be implemented

60m RUNE will now be burnt, and provided for acceleration of lending, creating 20m RUNE space for collateral

Lending CR's will drop to 200% flat - ie, a 1 BTC loan will yield $25k debt (50% LTV)
ETH -> DOGE swap frame, developed by @gomes from ShapeShift
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Say a user wants to wrap 99 Bitcoin
But $WBTC pool is only 71 WBTC deep
So THORChain streams the swap and easily handles the trade with minimal slippage

Native asset rails meets capital efficiency
https://i.imgur.com/RKRPCPO.jpg
GM Bitcoiners and builders cross-chain infrastructure

THORChain is now on Farcaster ⚡️
Not a bridge, but THORChain was built specifically to move value between Cosmos, EVM chains, and Bitcoin
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