Discover and read the best of Twitter Threads about #THORNode
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The @Maya_Protocol Liquidity Auction is live. With this, the $MAYA airdrop for @THORChain $RUNE holders is live too!
Lots of tweets/activity about the airdrop but not much covered specifically for #THORNode operators. Thread time 🧵
Lots of tweets/activity about the airdrop but not much covered specifically for #THORNode operators. Thread time 🧵
Reminder: $RUNE owners get $MAYA airdrop by:
A. $RUNE bonded in a Node,
B. $RUNE symmetrical LP position,
C. $RUNE asymmetrical LP position,
D. Holding $RUNE in a wallet and/or,
E. Holding $RUNE in Maya pools during the auction.
Time to dive into the 'how' for option A.
A. $RUNE bonded in a Node,
B. $RUNE symmetrical LP position,
C. $RUNE asymmetrical LP position,
D. Holding $RUNE in a wallet and/or,
E. Holding $RUNE in Maya pools during the auction.
Time to dive into the 'how' for option A.
Step 1. Create a new $MAYA capable wallet (specifically for your $MAYA airdrop):
@THORWalletDEX is the easiest (save your new seed/keystore) and identify your 'maya......' address.
@THORWalletDEX is the easiest (save your new seed/keystore) and identify your 'maya......' address.
It's Wednesday, so we have a new weekly summary for all of the daily investment posts. This thread includes data from:
@tombfinance / @Reaper_Farm
@HectorDAO_HEC / @nemesis_dao
@osmosiszone / @ThorNodes
@VaporNodes / @AngelNodes
Check it out!
🧵👇
@tombfinance / @Reaper_Farm
@HectorDAO_HEC / @nemesis_dao
@osmosiszone / @ThorNodes
@VaporNodes / @AngelNodes
Check it out!
🧵👇
2/ First let's take a look at @tombfinance, staking $TShare / $FTM LP in #autofarm @Reaper_Farm. @FantomFDN #drama caused some lower price action this month, but Tomb shows some consistent returns. Don't care about price, I care about #Compounding 
3/ Next, let's look at @HectorDAO_HEC. APR is slow and steady and this project is pretty boring with very low returns. Price action continues to decline, but looks like a bottom is near. The pivot to a bank and $TOR saved the #rebase project, but we'll see what happens with $HEC
Crypto Twitter njooni tupige story: 🧵
Mimi kama long-term crypto assets investor, nimejiuliza nawezaje kupata passive income ya muda mfupi, wakati nasubiri returns za muda mrefu.
Nikakutana na huu mgodi 🧵
Mimi kama long-term crypto assets investor, nimejiuliza nawezaje kupata passive income ya muda mfupi, wakati nasubiri returns za muda mrefu.
Nikakutana na huu mgodi 🧵
Kwanza niseme tu... huu uzi ni wa kudiscuss; sio financial advice.
Pia, niseme mimi kama investor moja ya responsibility yangu ni kumanage risk... Hiyo inaweza kuhusisha mimi kupoteza part ya capital yangu.
Sasa tuendelee...
Pia, niseme mimi kama investor moja ya responsibility yangu ni kumanage risk... Hiyo inaweza kuhusisha mimi kupoteza part ya capital yangu.
Sasa tuendelee...
1/ nimekutana na smart contract protocol inayorun kwenye AVAX inaitwa @thornodes . Ni fork ya $strong na $rise . Model yao ya passive income ni kwa “noding”
Unanunua node, then hiyo node inagenerate passive income. Funds za kwenye treasury zinatumika na protocol ku...
Unanunua node, then hiyo node inagenerate passive income. Funds za kwenye treasury zinatumika na protocol ku...
💰 Bounty: Break @thorchain_org to Earn an Attack Bounty
You need to:
a) Bring down the THORChain network (halt/kill).
b) Steal funds from vaults.
c) Cause funds to be lost.
* DDOS vectors aren't included at the moment but may be later.
You need to:
a) Bring down the THORChain network (halt/kill).
b) Steal funds from vaults.
c) Cause funds to be lost.
* DDOS vectors aren't included at the moment but may be later.
2/ The network is currently operating in 2 states:
a) TestNet with real nodes but fake bonds.
b) ChaosNet with real nodes, real bonds and real assets on ChoasNet BEPswap.
^ Both are are running the same code. Testing must be done on the TestNet.
a) TestNet with real nodes but fake bonds.
b) ChaosNet with real nodes, real bonds and real assets on ChoasNet BEPswap.
^ Both are are running the same code. Testing must be done on the TestNet.
3/ You may setup a TestNet #THORNode by using their official documentation:
docs.thorchain.org/thornodes/over…
docs.thorchain.org/thornodes/over…
Which chains do you think will be worthwhile for @thorchain_org #THORNode operators to support?
#THORNodes will consider the net benefits of supporting a new chain, considering the resource consumption of the connected chain on the #THORNode vs. fee revenue generated.
#THORNodes will consider the net benefits of supporting a new chain, considering the resource consumption of the connected chain on the #THORNode vs. fee revenue generated.
2/ For example BTC may consume 15% of the server resources (disk, memory, cpu etc) but generate 80% of the fee revenue. A chain which consumes 10% resources and generates only 5% revenue may not be desirable.
3/ So which chain does the @thorchain_org community think will fit the profile? Must:
• Cost little resources for #THORNodes
• Generate high fee revenue
• Attract stakers and swappers
• Add value to the @thorchain_org ecosystem for external services to benefit-from
• Cost little resources for #THORNodes
• Generate high fee revenue
• Attract stakers and swappers
• Add value to the @thorchain_org ecosystem for external services to benefit-from
3/ Or if you need someone to explain it to you, @rebasefoundtn produced some great audio content, here’s their Whitepaper Walkthrough:
📦 Starter Pack: Become a #THORNode Operator for @thorchain_org
Get started using their official documentation:
docs.thorchain.org/roles/node-ope…
Get started using their official documentation:
docs.thorchain.org/roles/node-ope…
2/ Use this simulator to see how much you can potentially earn given your estimations of how many #THORNodes will be operating and the estimated price of :
The sentiment around #DeFi is currently salty.
It’ll be hard for CT to distinguish the legit projects from the BS ones.
It’ll be hard for CT to distinguish the legit projects from the BS ones.
2/ The @thorchain_org community will need to build confidence.
The network should be able to boast amazing yields too.
Therefore we need to remind CT that:
The network should be able to boast amazing yields too.
Therefore we need to remind CT that:
3/ a) Team is locked until MainNet.
b) The tech is trustless and permissionless.
c) Many big wallets will likely be locked into #THORNode bonds.
d) RUNEVault stakers should be participating as liquidity providers given yields.
b) The tech is trustless and permissionless.
c) Many big wallets will likely be locked into #THORNode bonds.
d) RUNEVault stakers should be participating as liquidity providers given yields.
This is how the @thorchain_org big bags will fuck you later:
Will be locked in #THORNode bonds making a killing with rewards. Why would you give up a perfectly good business making 7 figs per year?
They’ll gradually take profits only when things are liquid. You won’t feel it.
Will be locked in #THORNode bonds making a killing with rewards. Why would you give up a perfectly good business making 7 figs per year?
They’ll gradually take profits only when things are liquid. You won’t feel it.
@THORChainHammer video-explainer-thorchain
@THORChainHammer rune-price-simulator-guide
My gut tells me that @thorchain_org’s #THORNodes aren’t “money transmitters”, they’re validators of a “settlement network” which provide services to clients. It just happens that #ASGARDEX = open source one.
Green light from me ✅
PS: This is not legal advice, just my opinion.
Green light from me ✅
PS: This is not legal advice, just my opinion.
2/ The mistake would’ve been if the #THORNodes also powered a web-based exchange client — but they don’t, and they shouldn’t. Jurisdictions have varying laws about the type of record-keeping, tracking and regulatory compliance exchanges and transmitters must follow.
3/ Best for exchanges handle that side of the ecosystem. @thorchain_org should strictly focus on driving liquidity into its settlement network and that’s all. If ever a web-based exchange was to be embedded into #THORNode’s services, then it would become risky to operate.
2) Many features can help with bonding workflows.
3) Question for @thorchain_org — during the rebonding process, is a brand new address generated, or can one be whitelisted? I haven’t looked at the testnet4/docs yet so might be noob question.
🧠 @THORChain_org's Decentralized Liquidity Network creates opportunities for businesses / entrepreneurs / devs
The team is focused on the core swap tech and #ASGARDEX -- but that doesn't mean there isn't opportunity for others elsewhere in the meantime.
The team is focused on the core swap tech and #ASGARDEX -- but that doesn't mean there isn't opportunity for others elsewhere in the meantime.
2) Any service which aims-to increase network utility via swaps will benefit will increase revenue for #THORNode operators, Liquidity Providers aka stakers -- and ultimately increase the value of $RUNE.
3) An example could be a @venmo style peer-to-peer payment solution, crafted in a way where the service can branch itself out to a variety of integrations, think @Shopify @magento @whmcs @opencart @PrestaShop @drupalcommerce @Ubercart @WordPress @ZenCart
