Discover and read the best of Twitter Threads about #THORNode

Most recents (10)

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!
🧵👇
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
Read 11 tweets
💰 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.
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.
3/ You may setup a TestNet #THORNode by using their official documentation:

docs.thorchain.org/thornodes/over…
Read 9 tweets
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.
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
Read 3 tweets
📦 Starter Pack: What’s @thorchain_org and its Decentralized Liquidity Network?

2/ Where can I learn more about it? In official documentation:

docs.thorchain.org
3/ Or if you need someone to explain it to you, @rebasefoundtn produced some great audio content, here’s their Whitepaper Walkthrough:

Read 23 tweets
📦 Starter Pack: Become a #THORNode Operator for @thorchain_org

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 :

3/ What are the current network metrics? Use the @thorchain_org Community Explorer to view details:

Read 10 tweets
The sentiment around #DeFi is currently salty.

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:
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.
Read 7 tweets
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.
@THORChainHammer video-explainer-thorchain
@THORChainHammer rune-price-simulator-guide
Read 6 tweets
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.
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.
Read 5 tweets
So this is interesting for @thorchain_org #THORNode operators:

vaultplatform.ledger.com/why-vault
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.
Read 3 tweets
🧠 @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.
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
Read 18 tweets

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