Share this page!

THORSwap (Hiring Now) Profile picture
Twitter logo
May 4 • 5 tweets • 3 min read
Today's the day #THORChads
$THOR Staking 2.0 has finally launched!

Stake $THOR to receive $vTHOR, a composable, auto-compounding, gas-efficient representation of your staking position.

Earn Community Incentives + 75% of all @THORSwap revenues!
app.thorswap.finance/vthor

🧵👇 1/x
To celebrate the launch: @THORSwap's Exchange Fees will be 100% waived for everyone who holds any amount of $vTHOR (for a limited time)!

In the future, discounts will be adjusted accordingly with tiers.

NOTE: You must connect your ETH wallet holding $vTHOR for a discount.

2/x
Rewards now auto-compound for your convenience, if you wish to claim rewards, simply redeem $vTHOR for $THOR.

The ratio of $vTHOR : $THOR (grows over time) when you withdraw will determine how much $THOR rewards you will receive.

Here's a few example scenarios:

3/x Image
For detailed instructions and a list of FAQs, please read our $THOR Staking 2.0($vTHOR) Staking & Migration Guide on Medium:

4/x
 thorswap.medium.com/thor-staking-2…
The launch of $THOR Staking 2.0 marks great leap forward for the sustainability of the @THORSwap protocol.

With $vTHOR we can start to responsibly reduce token emissions while offering industry-leading utility, rewards, trading discounts & other benefits.

✌ is for $vTHOR! ⚡

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with THORSwap (Hiring Now)

THORSwap (Hiring Now) Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @THORSwap

THORSwap (Hiring Now) Profile picture
May 7
Post #vTHOR launch recap, a thread 🧵👇 1/x

Early $THOR Stakers were able to lock in $vTHOR at a 1:1 ratio with $THOR.

Staking Rewards for THOR Staking 2.0 (vTHOR) have kicked off with a staggering 328,600 $THOR distributed to vTHOR holders thus far in just the first 2 days.
We've seen massive support from the @THORSwap community as $vTHOR TVL quickly overtook Legacy $THOR staking.

~80% of Legacy $THOR Stakers migrated to $vTHOR in the past 2 days 🤯

$vTHOR holders are now enjoying 200%+ APY from 75% of all THORSwap Exchange Fees + emmissions.
2/x
Furthermore, to celebrate the launch, @THORSwap's Exchange Fee has been 100% waived for all $vTHOR hodlers (for a limited time)!

In the future, discounts will be adjusted accordingly via tiered system.

3/x
Read 4 tweets
THORSwap (Hiring Now) Profile picture
May 4
Still have questions about the upcoming launch of $THOR Staking 2.0 aka $vTHOR? We got you!

A quick thread 🧵👇 1/3

So what makes the new single-sided $THOR Staking Contract different? And what benefits does $vTHOR bring?

Check out the handy comparison chart below:
"By Odin's Beard, that's amazing!", I hear you say. "So how to migrate if I'm already staking $THOR?"

Well #THORChads, here's another chart!

Remember:
1. Legacy Staking APR will end upon $vTHOR launch
2. When you withdraw, rewards will also be claimed (so 1 tx is all you need)
How will auto-compounding & claiming rewards work in $THOR Staking 2.0? Through $vTHOR of course! In this example you can see $vTHOR makes everything a lot more flexible and intuitive.

It's even transferable so you won't have to withdraw/ restake to move your staking position💪
Read 4 tweets
THORSwap (Hiring Now) Profile picture
Mar 15
THORSwap vision and roadmap revealed 🧵👇

Cross-chain aggregator, V2 redesign, and vTHOR are coming soon

THORSwap’s vision is “Become the One-stop Defi Exchange in crypto” by leveraging the cross-chain DEX aggregation protocol.

$THOR
1/x Image
- Problems

1. Defi liquidities are siloed by different blockchains and AMMs.

2. Aggregators like 1inch, 0x, and Paraswap are focused on EVM chains like Ethereum, BSC, Polygon and etc.

2/x
3. There’s no way to trade native $BTC, $LUNA, $UST, $DOGE, $BCH, $LTC in a decentralized way without utilizing THORChain protocol.

4. THORChain isn’t designed for long-tail assets and it’s more gas efficient to swap in/out long-tail assets in one tx using the aggregator.

3/x
Read 20 tweets
THORSwap (Hiring Now) Profile picture
Mar 7
@THORChain Synthetic feature is coming in a few days and will open the gate to THORfi.

Users will be able to Mint synth assets, swap between synth assets, and Redeem to the Native assets.

But, Wtf is THORChain Synth? 👇🧵
1. THORChain synthetic assets are primitives for both higher-order financial features, as well as fully-secured, fully-backed synthetic assets that can be sent anywhere in the Cosmos IBC ecosystem and they will always retain the guarantee they can be redeemed for the underlying.
2. THORChain synths are unique in that they are 50% backed by their own asset, with the other 50% backing being provided by RUNE. This is achieved by using pool ownership to collaterise the synth, which ensures always-on liquidity and pricing.
Read 9 tweets
THORSwap (Hiring Now) Profile picture
Dec 10, 2021
Introducing vTHOR (Staking 2.0)! 🧵👇

This is only the start of (🔱,🔱)

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 (🔱,🔱) 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 — bringing more utility, composability, value accrual, and capital efficiency.

vTHOR will be interest-bearing, auto-compounding, and will unlock the full potential of cashback.
Read 8 tweets
THORSwap (Hiring Now) Profile picture
Dec 10, 2021
$THOR incentive pendulum adjustments are made for 3 reward pools. 🧵👇

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

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(