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13 Nov, 28 tweets, 21 min read
Weekly Update on Community, Ecosystem & Dev #14:
@THORChain

Briefly, it covers:

1⃣ Notable Gitlab Issues
2⃣ Most Asked Questions
3⃣ Feedbacks & Suggestions
4⃣ Notable Work
5⃣ Ecosystem Updates
6⃣ Dev Updates

A 10-points TLDR Below 👇

medium.com/@THORNoob/week…
TLDR (10-points)

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.
8⃣ @THORSwap's $THOR token airdrop is available for claim.
9⃣ @RangoExchange shared details of their Public API
🔟 @ThorGuards had a successful public round and “NFT Reveal” event.
⚡Notable Gitlab Issues

👉V0.73.0 was released on ChaosNet: gitlab.com/thorchain/devo…
👉THORChain was halted because of a consensus failure: gitlab.com/thorchain/thor…

A fix has been worked on and network will be back up soon:

👉A request to add whitelisted ERC20's of 1inch: gitlab.com/thorchain/thor…
👉 @ThorWallet's TGT token is being added to whitelist: gitlab.com/thorchain/thor…

👉Deposit values for @THORSwap and @thorstarter deployer accounts will be reset: gitlab.com/thorchain/thor…

👉Draft on Valkyrie Vault Funding Logic: gitlab.com/thorchain/thor…
⚡General Questions About:

Q. Why are ETH/ERC20s inbound/Transfer fees so high on THORChain?

A. This is being discussed here: discord.com/channels/83898…
⚡Feedbacks & Suggestions

👉Also focused on ETH fees. Currently THORChain is expensive for ERC20-ERC20 swaps, but this is being discussed.

👉Feedback by @AkuRypto on THORChain Treasury usage:

Similar feedback from various individuals in Dev discord too.
⚡Notable Work

👉THORChain did a Node Churn and ~3 million RUNE was added to total bond:

👉Protocol Owned Liquidity will help in providing fixed-yield for #THORSynths:
👉 @the_alphatrades publishes an article explaining THORChain, with a great TLDR:

👉 @Monero integration on THORChain, in collaboration with @cakewallet:
👉 @TheRuneRanger explains "Deterministic Price" and "Speculative Multiplier" of $RUNE:

👉THORChain has already reached its Fund Cap (recently increased by 5 million $RUNE):

👉Details on how a node is picked for churn out:
👉 Dexes are dominating the crypto world. Thanks to @THORMehow for bringing the stats to notice:

👉Vote for $RUNE in the @TokenReactor list:
👉Don't forget the original THORChain NFTs :) :

👉Learn more about the original THORChain NFTs here:
⚡Ecosystem Updates

A) @THORSwap

👉 $THOR airdrop is now available to claim. 30 days to claim rewards:

👉160800 $THOR tokens are distributed in the $THOR-$RUNE pool in THORChain everyday:
👉THORSwap shared $THOR token launch recap:
B) @xdefi_wallet

👉XDEFI Wallet has postponed their MISO IDO to November 15th:

👉 XDEFI Wallet integrated @anchor_protocol to support direct $UST deposits from within the wallet(and earn yield):
👉Transcript of @goitbykojiro (CEO of XDEFI) & @stablekwon (CEO of Terraform Labs) Discord AMA:
C) @ThorWallet

👉THORWallet IDO will be happening in 2 phases.

Phase 1 on 15th November. Details:
Phase 2 on 17th November. Details:

Our new content writer is also working on an "IDO Breakdown". To be shared soon.
D) @RangoExchange

👉Rango launched their public API. Details:

👉Rango updated their UI:
E) @Defi_Spot

👉 @Defi_Chads gave away one @AuroryProject and one DefiChad NFT:
F) @ThorGuards

👉 THORGuards had a successful public round, where all NFTs were sold in 15 minutes:

👉A fair distribution of THORGuards:

👉Summary of THORGuards NFT mint:
👉Quick Overview from THORNoobs:
G) @ShapeShift_io

👉Shapeshift DAO community has improved a proposal which will deepen the $FOX: $RUNE pool in THORChain:
H) @THORChadsDAO

👉THORChadsDAO reveals 2 new NFT trophies- Heimdall and Loki:
I) @SKALDcamp

👉Prototype for the THORChain.org desktop is public:

It will be ready for data-analysis, led by @attribute_me tool.
We have also covered "Ecosystem Dev Updates" in the blog.
For more details: medium.com/@THORNoob/week…

Follow us on Twitter for regular updates on @THORChain and its Ecosystem: twitter.com/THORNoobs

Every like would help a lot. Thank You! 🙏

@THORChain $RUNE

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More from @THORNoobs

THOR Noob Profile picture
14 Nov
Ok #THORChads and #THORNoobs, let's talk about the @ThorWallet $TGT token launch that's going down next week!

The details are finally out, and we now know how things are shaping up.

Here is a "breakdown" from our new content-writer @Bit_o_money 👇 Image
3 ways to participate for the highly anticipated launch:

Phase 1 Nov 15th - @thorstarter IDO
Phase 2 Nov 17th - @THORChain
Phase 3 Nov 18th - @SushiSwap

Each phase has their own pros & cons, so let’s dive in to determine which may be the most ideal for your situation.
First up, Phase 1:

⏰When - November 15th 2021 15:00 UTC
📍Where - app.thorstarter.org
🛄Allocation - 1.2% of total TGT supply
💰Total capital raised - $300,000 USD
💵 $TGT Token Price - $0.025
Read 34 tweets
THOR Noob Profile picture
13 Nov
1/9. @ThorGuards had a successful Public sale which ended in just 15 minutes.

The "NFT Reveal" event flooded the THORChads twitter with #THORGuards NFTs and new PFPs!

👇
2/9. If you are amongst the 9,999 who minted a @ThorGuards NFT:-

- Here is a guide on how to see your NFT: medium.com/@thorguards/th…

- And here is the search tool you will need: viewer.thorguards.com
3/9. @ThorGuards Public sale ended in just 15 minutes, currently having a volume ~300 ETH.

THORGuards crossed 100 ETH volume before the reveal event.⚡️
Read 9 tweets
THOR Noob Profile picture
1 Nov
@THORSwap's IDO Phase 1 is happening at 2 pm UTC today.

Below are few "tweet threads" acting as elevator pitch for the interested ones:

1. THORSwap and its Roadmap
2. $THOR utility
3. Best way to participate in THORSwap IDO

and a little more info 👇
1. Infographic Tweet Thread:

Focusing on THORSwap becoming a Cross-chain Aggregator, it's Roadmap, and more on the Protocol Revenue:

2. What is @THORSwap's token $THOR utility:

Focusing on all utilities of the $THOR token, and the "Trading Black Hole" it creates.

Read 8 tweets
THOR Noob Profile picture
31 Oct
What's the best way to buy in @THORSwap IDO ( $THOR token) ?

We were curious, and went through the available IDO phases for more info:

Phase 1: @thorstarter
Phase 2: @THORChain
Phase 3: @SushiSwap

Below is the Breakdown, Upsides, & Downsides of each phase👇
Phase 1: THORStarter

A user need to do 8 steps here:

1. Approve $XRUNE
2. Buy 100 $XRUNE
3. Approve staking $XRUNE
4. Stake 100 $XRUNE (for $vXRUNE)

These 4 steps will make you eligible for the IDO.

Note: These $XRUNE won't be counted when you buy $THOR token.
5. Buy ~$300 worth of $XRUNE for $THOR IDO (Can be done with Step 1)
6. Deposit $XRUNE in IDO page when it is live (limited time).
7. Based on demand, you might get ~$200 worth of allocation only. Claim remaining $XRUNE back.
8. Bought $THOR will be claimable after few days.
Read 19 tweets
THOR Noob Profile picture
29 Oct
What is @THORSwap 's token $THOR utility?

We saw some questions, and were eager to know ourselves.

Major utility: Incentivising a "Trading Black Hole".

👇
$THOR Utility TLDR;

1. Staking (platform revenue distribution)
2. Trading fee discounts for $vTHOR holders
3. Reward asset in "Trade mining competitions"
4. Bootstraps creative @THORChain projects (NFT's, WebApp, etc)
5. Liquidity Mining
6. Governance
7. Community Incentives Image
1. Staking:

$THOR holders will be able to stake $THOR and receive $vTHOR tokens in 1:1 ratio.

$vTHOR holders will earn 75% of protocol revenue, in $THOR tokens. Claimable on Weekly basis, no deadline to claim.
Read 15 tweets
THOR Noob Profile picture
7 Oct
INFOGRAPHIC TWEET THREAD (Sourced):

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!
Read 7 tweets

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