📦 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:
4/ And their Economics Paper Walkthrough:
5/ Community members have also put effort to explain token-based AMM designs, here’s one by @Rewkang:
6/ The value of is always at least 3 times the value of assets staked in its vaults:
7/ How many assets can be staked into @thorchain_org? The sky’s the limit, other networks managed to pool $1B+ in relatively short periods. Just check @defipulse charts and see how many assets managed to get locked in respective networks:
defipulse.com
8/ ^ The market cap of will always be at least 3 times the value of assets locked into @thorchain_org. Do the math!
9/ Want to see how this can impact the price of ? Try the community-built Price Simulator, and play with your own simulations:
10/ Is liquid?
11/ So how do you see yourself participating in the @thorchain_org Network? Are you knowledgeable in servers and infrastructures? You can operate a #THORNode (keep in mind you’ll need 1M eventually to operate one):
12/ Or are you more fitted to be a Liquidity Provider, and farm some yields with your and assets?
13/ Or are you a developer and have the skills to write a reliable Arbitrage Bot to trade price differentials between @thorchain_org and external markets?
14/ Or are you trader/investor that’ll need to cross-chain swap some #BTC #ETH #ERC20 #BNB #BEP2 #XMR in the future?
15/ Or do you run an exchange, wallet or service which can benefit from earning commissions as an integrated partner and sourcing liquidity from @thorchain_org pools?
16/ Or are you a developer, designer, marketer or entrepreneur looking for opportunities? @thorchain_org has grants that may interest you… given you put in some leg work and build a proof-of-concept:
17/ Whichever your role, holding some may be worthwhile as the more Liquidity Providers come in with assets and stake them into liquidity pools, the more should grow in value.
18/ You can buy on these exchanges:
@binance @FTX_Official @BitMax_Official @Binance_DEX... or via community-built @thorchain_org wallets and browser extensions (soon).
19/ Have some questions? There’s multiple channels you can go-to for questions, starting with the @thorchain_org Community Telegram:
t.me/thorchain_org
20/ Or the @thorchain_org Community Discord (although the Telegram is more active):
discord.com/invite/EDN8UCQ
21/ Or if you prefer Twitter, just post a question in the @thorchain_org Community AMA thread:
22/ Don’t forget to check out the awesome swag created by community members i.e. limited edition physical gold coin. supporters are loving them:
23/ Extra video re: Qualitative Valuation
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