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Today's special issue: smart contracts on @THORChain – the mind-bending, killer feature, that (almost nobody) talks about.

TL;DR: @Thorchain will deploy smart contracts faster than @Cardano

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Smart contracts extend the capabilities of the @THORChain by deploying custom logic that can be formulated using @THORChain financial primitives.

Let's have a look at some of them:

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@THORChain has four types of key, financial primitives:

1. $RUNE
2. Synthetics – secured and derived from LP collateral
3. LP units – your β€œshare” of ownership of a pool
4. THOR.USD – arguably the most important composite

On top of that TC is a price oracle and gas oracle.

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