1/ Dex Aggregator is coming to the THORChain StageNet for testing with real-assets.

Soon users will be able to swap any ERC20 <> BTC, LUNA, UST, BNB, DOGE etc. using their decentralized wallets.

Only 1 transaction confirmation.💯

#CrosschainSwaps 2/ This is just v1 of Dex Aggregator.

Upcoming versions will include AMMs of different blockchains (Terra, EVM, Solana, IBC etc)

1/ What will be the $RUNE deterministic price at $2bn TVL?

Different tools assess TVL differently.
There are 3-ways to answer this question:

1) $2Bn TVL [Bonded + Pooled]
2) $2Bn TVL [Liquidity in pools]
3) $2Bn of non-RUNE TVL

Formula = (3*Non-RUNE TVL) / Circulating Supply

https://twitter.com/youpi78130/status/1480179626894893058

Pre-Notes:

- 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/ @THORChain Monthly Stats (December):

1) TVL
2) Total Liquidity in Pools
3) $BTC, $ETH and deepest Stablecoin stats
4) Monthly Active Users
5) Total Swaps & Unique Swappers
6) Total ILP Paid
7) Active & Standby Node stats
8) Deterministic $RUNE price

medium.com/@THORNOOB/thor… 1) Total Value Locked (TVL)

TVL in THORChain is ~378 million dollars [Bonded + Pooled].🔻~17% this month.

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 👇 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.

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.

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

@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:

https://twitter.com/THORNoobs/status/1446004228653076480?s=20

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.

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

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).

Weekly Community Recap #9: @THORChain

Briefly, it covers:

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

medium.com/@THORNoob/week…

👇 ⚡Notable Gitlab Issues

1⃣ V0.69.0 was released on Testnet:
gitlab.com/thorchain/devo…

This version will resume ETH & ERC20 tokens in THORChain.