Well,
If you had questions on @THORSwap's "Trading black hole", this infographic will help you a lot 👇
vTHOR holders will receive trading fee discounts / 75% of platform revenue (in $THOR tokens).
vTHOR holders will also earn from staking their $THOR in vaults.
50% of total supply is reserved for community incentives (image for reference).
@THORSwap has various things planned in upcoming months.
Cross-chain Dex Aggregator, Limit Orders, Mobile Wallet, & cross-chain savings/lending are the significant ones!
About cross-chain Dex Aggregator,
THORSwap will integrate with @THORChain and various others Dexes/Aggregators (eg: 1inch, Sushi, Uniswap, Bancor) to provide "cross-chain liquidity to long-tail assets".
This means "any" new asset on any dex will be able to access decentralised cross-chain liquidity.
- We are assuming an optimal balance of 2:1 b/w Bonded RUNE:Pooled RUNE (Incentive Pendulum).
- 1:1 balance b/w RUNE:Non-RUNE in Liquidity pools (AMM structure).
This means every extra $1 in non-RUNE creates demand for $3 in RUNE.
A total increase of $4 in Liquidity.
1) $2 Billion TVL [Bonded + Pooled]
$2Bn total TVL means $1Bn in Liquidity pools.
Half of that is in non-RUNE, thus $500 million.
Other way: The non-RUNE TVL would be 1/4th of total TVL, thus $500 million.
Deterministic Price:
(3*500 million) / 300 million = $5
TVL in THORChain is ~378 million dollars [Bonded + Pooled].🔻~17% this month.
2) Total Liquidity in Pools
Total Liquidity in all pools is ~181 million dollars.
With this, THORChain DeFi TVL Rank has reached spot 122 (as per @DefiLlama ).🔻13 Spots this month.
1⃣ V0.73.0 was pushed on ChaosNet
2⃣ @THORChain faced a consensus failure. Fix in progress.
3⃣ Node Churn took place and Fund cap was reached.
4⃣ @monero integration is in works.
5⃣ @ThorWallet token $TGT’s IDO details were released. Happening on 15th and 17th November.
6⃣ @xdefi_wallet postponed their IDO to 15th November.
7⃣ @xdefi_wallet integrated @anchor_protocol in their wallet for direct $UST deposit and earn.