Introducing vTHOR (Staking 2.0)! πŸ§΅πŸ‘‡

This is only the start of (πŸ”±,πŸ”±)

Single $THOR staking will eventually migrate to vTHOR in the future.

Prepare yourself Chad, we have so much more to give.
1. So far for (πŸ”±,πŸ”±) we have launched:

- Incentive pendulum to balance staking incentives and demand for OHM bonds
- ETH.RUNE OHM Bonds to set up TC Nodes to help network stability and acquire TC liquidity
- Reduced our over efficient liquidity to benefit nodes and network
2. For vTHOR, we had our best degens revamp THORSwap’s tokenomics β€” bringing more utility, composability, value accrual, and capital efficiency.

vTHOR will be interest-bearing, auto-compounding, and will unlock the full potential of cashback.
3. Wtf is vTHOR cashback?

The more you trade then the more cashback you receive, thus automatically growing your vTHOR amount!

The more you stake, you will get more boosted rewards

Staking for vTHOR will enable trading fee discounts that will create this trading blackhole!
4. Interest-bearing and auto-compounding….

How!?

vTHOR will grow automatically from fee sharing by protocol buy-backs, your own cashback πŸ˜‰ and yield emissions… all whilst auto compounding!
5. THORSwap collects affiliate fees from THORChain and aggregators which will be used for buybacks of $THOR from the market and will be redistributed to vTHOR stakers!
6. This makes vTHOR super composable and expect many more DeFi collaborations from this.

Especially on lending and borrowing platforms, and even leverage πŸ˜‰
6. We are super excited to announce vTHOR and decided to only tease. More alpha to be announced soon on specific mechanics!

We simplified THOR for the average user whilst also creating more utility and composability.

To Valhalla Chads

β€’ β€’ β€’

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Keep Current with THORSwap (πŸ”± ,πŸ”±) (Hiring Devs)

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More from @THORSwap

10 Dec
$THOR incentive pendulum adjustments are made for 3 reward pools. πŸ§΅πŸ‘‡

1. Boosted single staking rewards to 5x with 630% APY

app.thorswap.finance/stake
2. Responsibly reduce THOR-RUNE LP/farming emissions to a sustainable level - 30%
3. Olympus Pro listing for acquiring POL to ensure the longevity of protocol.

pro.olympusdao.finance/#/partners/THO…
Read 4 tweets
10 Dec
We are introducing our very own incentive pendulum to adjust incentive rewards to ensure THORSwap's longevity and sustainability. πŸ§΅πŸ‘‡

thorswap.medium.com/thor-incentive…
1. boost (5x) to $THOR single-sided staking
We will be gradually increasing single-sided staking rewards by 5x! This is where the game theory comes in hence (πŸ”±,πŸ”±)!
Most circulating $THOR is locked in the staking contract already. The new vTHOR proposal will continue this trend.
2. Own liquidity in the THOR-RUNE pool
ETH.RUNE bonds on Olympus Pro allow THORSwap to start acquiring liquidity in the THOR-RUNE pool. After acquiring ETH.RUNE, we will then upgrade it to Native Rune (retiring ETH.RUNE) and deposit the Native RUNE into the THOR-RUNE pool.
Read 7 tweets
9 Dec
Happy THORSday!

THORSwap bonds are now available with our new partner Olympus Pro.
olympusdao.finance/pro

Longevity is the key to the protocol and THORChads can contribute to the longevity of THORSwap and get a discount. πŸ§΅πŸ‘‡
1. How to acquire bonds?

Please read this blog to understand how to purchase bonds:
thorswap.medium.com/how-to-acquire…

Bonds are a contract between you and THORSwap, where you provide an asset (THOR-ETH SLP, ETH.RUNE, RUNE-ETH SLP) in exchange for discounted $THOR
2. THORSwap acquires those assets to convert into protocol owned liquidity.

Chads like yourself acquire $THOR at a discount.

This aligns long-term holders with the longevity of the protocol.

Everyone wins!
Read 7 tweets
7 Dec
THORSwap has partnered with Olympus Dao as a part of the Olympus Pro Cohort #4.

Chads, show your support, and let’s see (πŸ”±,πŸ”±) everywhere! From Asgard to Midgard (πŸ”±,πŸ”±)!

Why Olympus Pro listing is a game-changer? πŸ§΅πŸ‘‡
1. @OlympusDAO is on a mission to help DAOs take ownership of their own liquidity with Olympus Pro

Instead of incentivising farming and dumping, protocols use Olympus Pro’s bonding service emissions to purchase liquidity from users, and users acquire discounted $THOR.
2. Check out the blog post to understand why this is the key to longevity, why it is so important in DeFi and how a user like yourself can acquire $THOR at a discount whilst contributing to THORSwap's long-term success:

thorswap.medium.com/olympus-dao-x-…
Read 7 tweets
2 Nov
THORSwap uncapped launch on THORChain is starting at 10am EST.

It happens at the same time when THORChain raises the liquidity caps to 15m RUNE which allows additional ~$150m liquidity.

🧡1/πŸ‘‡
$THOR Pool will be seeded with 10m $THOR (2% of total supply) and participants can deposit $RUNE to acquire $THOR.

After $THOR Pool goes live after ~3 days, Launch participants will become a liquidity provider with 50% of their LP in $THOR and 50% in $RUNE.

2/πŸ‘‡
Launch on THORChain will be kind of gas efficient since you only need 0.02 $RUNE and eth gas fee for submitting your address.

And there's no limit of amount. You can participate as much as you want using $RUNE.

3/πŸ‘‡
Read 5 tweets
18 Jun
Let's talk about THORName Service (TNS)

TNS is a multi-chain naming system based on THORChain network.

Simply, TNS is similar to ENS but it's based on THORChain.

Then, why TNS? πŸ‘‡

1/cont
THORChain is a multi-chain liquidity protocol enabling the swaps between L1 blockchains like $BTC, $ETH, $BCH

Unlike Uniswap or Pancakeswap, all swaps may have different chain addresses.

e.g Swap BTC<>ETH transaction involves both btc and eth addresses.

2/
All wallets and interfaces will massively integrate THORChain for cross-chain swap and yield, and @xdefi_wallet will be the first wallet that integrates THORName.

Just swap Bob.btc -> Bob.eth, send Bob.thor, Bob.doge

3/
Read 11 tweets

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