@THORSwap has integrated our own full-featured #Ethereum DEX Aggregator💪
Swap thousands of ERC-20 tokens across 8+ L1 blockchains in a single transaction, right from your own self-custody wallet.
No Bridges, No Wrapping, Deep Liquidity.
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2/ To put it simply, @THORSwap is now a next-gen DEX for all ERC-20 tokens .
You can enjoy the familiar @Uniswap/ @SushiSwap trading experience, with the additional benefit of true cross-chain swap to native #BTC, $BNB, $ATOM, $DOGE, $LTC, $BCH, $RUNE, $AVAX (soon) & much more!
As an 'Aggregator of Aggregators', we automatically find the optimal route for price, slippage & gas, helping you save time + fees 🔥
4/ The final number of supported ERC-20 assets are sourced from whitelisted token lists by @coingecko, @1inch, @Uniswap & @zapper_fi for peace of mind.
You'll find a new handy 'Manage Token Lists' setting on our Swap UI, as well as @etherscan link to verify each token contract👌
We deliver the best cross-chain trading experience through optimizing deep liquidity, not compromising on decentralization 🤝
Trustlessly swap native assets, without risk of centralized counterparties or bridges.
Your keys, Your Coins✌
6/ For new Ethereum users, welcome to true decentralized cross-chain trading! 🔥
Bring your own self-custody wallet addresses to swap between from native assets on supported Layer 1 Blockchains. As a bonus, we've updated our Wallet Connection UI/ UX 👌
Big news: @THORSwap's Cross-Chain DEX Aggregator launches on August 23rd 🔥
In less than 2 weeks, we enter the next phase of our Multi-Chain future⚡Beginning with connecting 8,300+ ERC-20 tokens direct to native #BTC, $ETH, $BNB, $ATOM, $DOGE, $LTC, $BCH, $RUNE & more!
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2/ What makes @THORSwap's Cross-Chain Aggregator special?
Swap to & from ERC-20 to any @THORChain supported L1 native asset in one transaction.
We calculate the best price, route & lowest slippage to save you gas and time 👌 Our token whitelist also filters out potential scams.
No more comparing prices between AMMs for ERC-20 swaps. We've connected @1inch, @Uniswap V2+V3, @SushiSwap & @0xProject pools to offer the best prices and the deepest liquidity.
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.
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💪
@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.