swap.thorchain.org
Joined June 2018
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One of the biggest $ZEC swaps on THORChain so far: 0.365 $BTC for 24.7 $ZEC, about $29.6K.
The $ZEC pool held 22.9 $ZEC when the swap started. The swapper received more than the pool held.
THORChain streamed it: 1,300 sub-swaps over 1h58, with arbitrageurs refilling the pool between them. The pool never dropped below 22.2 $ZEC. THORChain's fee came to about 0.22%, and the app the swapper used added 1.25%.
About 15% of the deposit came back. The swapper had set a price limit, and midway through $ZEC got 5% more expensive in the pool. Streaming checks that limit on every sub-swap. 197 of them would have delivered less $ZEC than the limit allowed, so THORChain skipped them and refunded 0.065 $BTC instead of filling at a worse price. Once the price came back, the rest of the swap went through.
$ZEC is still in a progressive rollout. The pool is kept small while the integration is tested on mainnet, and liquidity deepens once that goes well. With streaming, a thin pool means a longer wait, not a worse price.
thorchain.net/tx/9AD0223E5CE…
THORChain retweeted
Best day yet for @THORChain x @SwapKitPowered RevShare.
$2K in credits accrued on Oct 26, led by @Ledger's $3.90M volume.
Discounted swaps:
• $186 in credits spent
• $9.2K in fees
• 49.6x the credits spent 🔥
⚡ This Saturday on the THORChain Podcast | Ecosystem & Community Spotlight.
@zeymermoca and @EricOnchain from @mocadotapp join @KentonC137 and @patriotsounds live at 10AM EDT / 2PM UTC. On the table: bringing crypto payments to everyday shoppers and merchants.
Jump on stage and ask your questions live: riverside.com/studio/thorcha…
Node operators, four votes need you on THORChain right now:
ADR-030: hand day-to-day node management to another address and keep your bonded RUNE in cold storage. 71 of 74 votes.
ADR-032: pledge never to touch anyone's bond over how they vote or what they say. 68 of 74.
Solana payouts that can't time out, ready for when SOL signing resumes. 71 of 74.
New loans and DCA on @RujiraNetwork, blocked since v3.21. 53 of 74.
If you run a node, cast your vote ⚡
THORChain retweeted
What if trading native Bitcoin felt like using a CEX, but remained decentralized?
Rujira Trade brings an onchain orderbook and advanced order types to BTC and other major native assets.
More control. Transparent rules. No centralized custodian.
Here is how it works 👇🧵
ALT Rujira Trade offers decentralized onchain trading for major cryptocurrencies with features for fair and transparent execution.
THORChain retweeted
.@THORChain halted for 39 days after its own exploit, but wouldn’t stop the Bitget hacker. Contradiction?
@CBarraford answers @CamiRusso:
“THORChain validators will reach consensus to protect the protocol they’re securing, but they won’t agree on halting the chain for a reason that doesn’t threaten the chain’s security.”
Full episode 👇
THORChain retweeted
The latest @THORChain x @zodl_app Podcast Article Recap is live.
- Zodl is built by the original @Zcash team.
- @cozymaximalist laid out Zodl's roadmap: Spend, Save, Run.
- THORChain was pitched as a second swap route.
blog.thorchain.org/zodl-and-…
Meet our BD at #Zcon7.
$ZEC swaps are back on the leading Bitcoin DEX, ready to plug into your wallet or app ⚡
At #Zcon7 in Cancun this week with @ZcashFoundation.
Good timing. Native ZEC swaps are back on THORChain, so you can move between Zcash and BTC, ETH or stablecoins without wrapping or trusting a bridge.
Building a wallet or app that wants ZEC swaps built in? Come find me.
THORChain retweeted
Running a @THORChain THORNode? Bonding $RUNE? You are going to want to see this. Soon. 👀
Every churn. Every vote. Every risk. One place. Coming soon to the THORWallet web app. ⚡
Protocol Spotlight: @ravnexchange ⚡️
RAVN compares 20 trading venues through one API, and routes native BTC swaps through THORChain whenever it offers the best quote.
Full spotlight 👇
blog.thorchain.org/protocol-…
🗺️ ECOSYSTEM RECAP
Here's what happened last week ⤵️
Headline News
THORChain v3.21 is live. Bond providers get streaming yield at every churn once nodes switch it on, Solana fee sampling is back to reopen $SOL trading, and Monero gets more groundwork ahead of v3.21.1.
@RujiraNetwork's app layer is back up after the upgrade and the CosmWasm unhalt. Around 192K $RUNE in accumulated rewards went out to bRUNE stakers in one go, plus 21K $RUNE in protocol revenue for RUJI stakers.
Launches
@asgardex shipped v1.47.0, with bond management tools for @RUNEBondApp and market and limit trading on the pool chart. It also adds $ZEC swaps on THORChain.
@Maya_Protocol rolled out v135, the final step of its Network Recovery Proposal, with trading back to normal.
@SwapKitPowered posted its biggest quarter yet: $1.82B in Q3 volume, up 36.5% from Q2.
THORChain retweeted
Hey, @THORChain & @RujiraNetwork Weekly Recap! @Zcash & Rujira back online, @monero Waiting for 3.21.1 Upgrade, @THORChain Q3 Report, @SwapKitPowered Revenue Share update, Podcast with @cozymaximalist From @zodl_app!
youtube.com/watch?v=HYTMLAUw…
THORChain shares 20% of the fees on @SwapKitPowered swaps, and SwapKit spends it on cheaper quotes.
In its first week live, 11,307 new wallets swapped through SwapKit, 14% more than the week before.
THORChain retweeted
$ZEC on @THORChain did $242K in swap volume on its first full day after trading resumed.
Its biggest day since launch, over 4x the old high.
That’s 4.5x the pool’s $53.5K depth. 🔥
⚡ Saturday October 31 on the THORChain Podcast | Ecosystem & Community Spotlight at 10AM EDT / 2PM UTC.
@KentonC137 and @patriotsounds are sitting down with @zeymermoca and @EricOnchain from @mocadotapp. Moca is a payments app built in Mexico: pay with crypto, swap it across chains and manage it all in one wallet.
Jump on stage and ask your questions live: riverside.com/studio/thorcha…
