1m sats stacked in 28 days.

How's your sat-stacking going?

Seing the current traction and product integration of THORChain is like watching your kid walk for the first time.

We missed the last bullrun but we’re ready for the next one.

Erik Voorhees: "When I discovered THORChain and learned about it, it was the most exciting feeling I had gotten since learning about Bitcoin back in 2011."

Looks like we'll exit '22 almost at the bottom. Fortunately we have one platform that is constantly showing green... THORChainsavers vaults.

With lending coming in Q1 '23 the users and community have got a lot to look forward to.

$RUNE $BTC

2300 members have $14.7m in the Savers vaults. They've earned $140k from swap fees.

Savers launched two months ago

Crazy how the past few weeks THORChain has been ranking as one of the top chains volume wise.

Thorchain doesn't have Gamefi, NFTs, derivatives/perpetuals, Pool coins.

Reminder: If you use Thorchain savers, you should really plan on keeping your money in savers for +6 months

You pay slippage fees on the entry + exit of your position, and if it's for a short duration, the bps in slippage may outpace the ~4% apy of savers

I am strongly in support of the Binance Smart Chain integration

I think it should bring significant volume for Thorchain and really make a large difference with the Trust wallet integration

Reminder: With the advent of Savers Vaults eliminating the need for Impermanent Loss Protection (ILP), ILP for *new* Dual LP deposits will be removed in ~7 hours at block 9450000 (estimated Feb 6th 7:50pm EST).

Deposits before this block will continue to receive ILP indefinitely

THORChain TVL in terms of $RUNE broke its ATH from back in May today

Thorchain lending code is included in the next release. From there, the code will be tested on Stagenet, and a few weeks following (roughly around April 20th), should hit mainnet.

In my opinion, it will be a significant driver of $RUNE price momentum

THORChain is probably the best way to swap native crypto assets into $BTC without going through a CEX.

A short thread on Thorchain:
- What they offer
- Wen IBC-enabled?
- What will be shipped in 2023?
- Why holding/LPing $Rune might be a bad idea?

Thorchain is the only decentralized exchange where you can swap between native crypto assets. How?
- They pair every L1 tokens with $Rune.
- Keep a 2:1 ratio between staked Rune and LP Rune to secure the network.
- Already integrated 8 chains and gonna onboard 0xPolygon

Wen IBC?
✅ CBarraford finished the code.
✅ Will be enabled at the next hard fork.

Their product suite
✅ Native swap & DEX aggregation.
✅ Saving vaults: earn yields on your L1 assets.
🔜 Lending: No Liquidations, No Expiration, No Interest.
🔜 Protocol own liquidity.
🔜 Limit order books.

5/ Why holding/LP $Rune might be a bad ideaTLDR;
- Bull case: Synths holders (Saving Vaults) & borrowers are more prioritized.
- Bear case: $RUNE Could suffer LUNA/UST type collapse due to infinite expansion from their Synths and Lending design.