Bi-Weekly Community Recap #16 (Mar 16-29): THORChain

This article covers:

1. Notable Gitlab Issues
2. Most Asked Questions
3. Feedbacks & Suggestions
4. Notable Work
5. Ecosystem Updates
6. Weekly Dev Discord Updates

TLDR (17-Points)

1. LUNA & UST liquidity pools went live on THORChain.
2. Pooled THORNodes went live.
3. Synths cap increased from 5% to 15% of asset’s depth.
4. THORChain Hardforked
5. THORChain crossed $1 Billion in TVL and $500 million in liquidity.
6. Multiple impressive tweet threads from Cov Duk, Crypto Pothu, Chad Barraford, THORChain Bull, FOMO Craft, Crypto Fi, Jade and others.
7. Brokkr Finance’s $BRO token NFT Whitelist went live. IDO happening 1–8th April.
8. Brokkr now supports THORChain Liquidity pools (easier process).
9. Rango partnered with LeapTerra & FantohmDAO.
10. Rango shared its Monthly Report and also started a trading competition with OpenOcean.
11. DefiSpot interface went live! (Kudos to the team for delivering such an easy-to-use interface.)
12. THORSwap shared an update on vision and Roadmap. THORSwap also shared a revenue forecast and expected yield to $THOR stakers.
13. XDEFI Wallet did a website revamp.
14. XDEFI x INK Protocol integration took place.
15. THORWallet won Startup Worldcup 2022 pitch competition in Dubai
16. THORGuards shared a project update.
17. THORYield tracker tool went through a big update.

⚡Notable Gitlab Issues

• UST & LUNA liquidity pools went live on THORChain:

• Pooled THORNodes concept was merged and is live:

This gives an opportunity for a group of small holders to come together and operate a node.

• Synths cap increased from 5% to 15% of asset’s depth:

• THORChain Hardforked:

• ChaosNet V185.0 was released:

⚡General Questions About:

• Queries about the recent ETH & Terra chain halt, How-to’s from LUNAtics, and information about the source of such high APYs.

⚡Feedbacks & Suggestions

• A feedback was given to spend budget on marketing.

⚡Notable Work

• Hark Fork Complete: https://twitter.com/THORChain/status/1506098305985826817
• Total liquidity reached $500M: https://twitter.com/THORChain/status/1508693347447508992

• All RUNE-LUNA and RUNE-UST LPs are getting boosted yield: https://twitter.com/THORChain/status/1507851665797677056

• No more artificial caps on THORChain: https://twitter.com/THORChain/status/1507486831700758532
• LUNA live, UST live, $1B TVL, $10 RUNE: https://twitter.com/THORChain/status/1507532714387288071
• Monthly volume recorded at $1.25B for March: https://twitter.com/THORSwap/status/1507306141818183714

• A thread on LUNA, UST & RUNE integration: https://twitter.com/THORmaximalist/status/1507458163121037312
• Pooled THORNodes feature is now live, no lower limit on bond requirement to participate as a node: https://twitter.com/THORChain/status/1506760326812868611
• A great thread on THORChain, from Crypto8Fi: https://twitter.com/Crypto8Fi/status/1508773010701897728
• THORChain devs made a proposal for Terra Money community to consider on how to custody the BTC in a distributed way: https://twitter.com/THORChain/status/1508621609682501633
• A thread giving an overview of THORChain, from Derman Capital: https://twitter.com/DermanCapital/status/1508575538566549505
• A video discussion on THORChain: https://twitter.com/milesdeutscher/status/1506901195507576832

• Guide on how to on-ramp into THORChain with Kado Ramp: https://twitter.com/kado_money/status/1508824518764204032

• Learn more about the features of THORChain in this article: https://twitter.com/swapzoneio/status/1508051215589908480

• Deterministic price of RUNE has 3X’ed itself in a month, explained: https://twitter.com/THORNOOBs/status/1508823748475949057

• Anchor’s new dynamic Earn rate & THORChain: https://twitter.com/Bodhi_Pinkner/status/1508454504630390784
• A thread on significance of UST and LUNA support on THORChain for cross-chain ecosystem: https://twitter.com/lifiprotocol/status/1508564621111615488
• Node operators changed the maximum Thorchain synthetic utilization from 5% of a liquidity pool, to 15% of a pool: https://twitter.com/TheRuneRanger/status/1508846139583471618
• THORChain week in focus: https://twitter.com/THORChain/status/1508237424576823299

• Breakdown of Bitcoin in non-custodial networks: https://twitter.com/THORChain/status/1508230822486503424
• Weighted bond rewards was finally voted in by THORChain node operators: https://twitter.com/THORmaximalist/status/1507983547084292098
• THORChain vs Layer-Zero, a thread: https://twitter.com/THORChain/status/1507886729000534020
• Thread on why THORChain is the only blockchain to over collateralize every asset secured by the network: https://twitter.com/THORmaximalist/status/1507881626633748483
• An insightful thread on RUNE: https://twitter.com/THORmaximalist/status/1507868493047336966
• A thread on Impermanent Loss Protection by Chad Barraford: https://twitter.com/CBarraford/status/1504101362694504453
• Quick thread on how to purchase native RUNE using a Ledger: https://twitter.com/cryptoismyjam/status/1504957686990848002
• A thread on price and utility mechanism of RUNE: https://twitter.com/THORmaximalist/status/1504977577240408071
• Video explaining lending and savings of THORFi: https://twitter.com/CBarraford/status/1505900381217468421
• Overview of THORChain ecosystem’s top 7: https://twitter.com/THORWalletDEX/status/1504018929567637505
• An insightful thread on THORChain, from Cov_Duk: https://twitter.com/Cov_duk/status/1505282766878887937
• A nice graphic on ecosystem projects performance, from Fomocraft:

• Thread on THORChain security: https://twitter.com/cryptoPothu/status/1507095706942652433

• Informative thread on RUNE & LUNA integration: https://twitter.com/FOMOcraft/status/1508115544565710851

• Updates to come includes IBC, THORFi, more L1 chains, secret feature: https://twitter.com/THORChain/status/1507645306439344131
• A thread on lending and borrowing on DEFI: https://twitter.com/THORmaximalist/status/1507557990471278598
• A thread on algorithmic stablecoins: https://twitter.com/THORmaximalist/status/1506768150934835200
• A thread on collateralized stablecoins: https://twitter.com/THORmaximalist/status/1506751101961478144
• A thread on pooled THORNodes: https://twitter.com/THORmaximalist/status/1506442971696095235
• A video explanation on the market potential of RUNE: https://twitter.com/itsloganshippy/status/1506366205023633413

• THORCHAIN & BTC: https://twitter.com/THORChain/status/1506375523986935809
• A thread on THORChain from THORHoejer: https://twitter.com/ThorHoejer/status/1506359862455947268
• Learn about THORFi with relation to adoption and tokenosmics, a thread: https://twitter.com/laowrey/status/1506020121772404737
• THORChain’s chain state went from 500GB to 28MB in size with hard fork: https://twitter.com/THORmaximalist/status/1506123609261105153
• THORChain to launch THOR.BTC: https://twitter.com/THORChain/status/1506198398516752387

• Article on the economics of THORChain and a framework for valuing RUNE: https://twitter.com/_FabianHD/status/1506005170668326912

• A thread on Hard fork (When, Why, What to do): https://twitter.com/THORNOOBs/status/1506002506799005696
• A thread on THOR.USD, from Cov Duk: https://twitter.com/Cov_duk/status/1505981058881257472
• Released THORFi draft design: https://twitter.com/THORChain/status/1505886773612007424
• $1.7m has been paid out in IL Protection to THORChain LPs: https://twitter.com/THORChain/status/1505835467794644997
• THORChain is currently the only way to swap layer1 unwrapped ETH for layer1 unwrapped BTC: https://twitter.com/THORChain/status/1505816278606307330
• Holding RUNE on a wallet then make sure it’s Native: https://twitter.com/THORChain/status/1505752979227688962
• THORChain FAQs: https://twitter.com/THORChainLPU/status/1505588156095078400

• A thread on important aspects of THORChain: https://twitter.com/familiarcow/status/1505555570736173056
• Read on THORFi loans: https://twitter.com/THORChain/status/1505397365770883073

• A thread on THORChain and why it can’t be censored: https://twitter.com/THORChain/status/1505302092176818177
• THORChain is the only exchange that has 6+ redundant infra providers, 33 redundant nodes, 67 required signatures for every outbound: https://twitter.com/THORChain/status/1505128809267593222

• Utility of RUNE at present and in future: https://twitter.com/THORChain/status/1505082985271689219
• A video on THORChain RUNE: https://twitter.com/THORChain/status/1504654573830811651

• Deep-dive into THORChain’s tokenomics, yield incentives roadmap and and more: https://twitter.com/SwitcheoLabs/status/1504616481711042595

• An opinion thread on why RUNE is pumping, UST integration: https://twitter.com/milesdeutscher/status/1504471722589782025
• Adding LP to THORChain is not a taxable event, a thread: https://twitter.com/THORChain/status/1504303427878535168
• (1/30) informational thread on THORChain: https://twitter.com/THORmaximalist/status/1504261481294184455
• THORChain has in-built sandwich attack protection: https://twitter.com/THORChain/status/1504255731444649985
• THORChain synths improve arbing: https://twitter.com/THORChain/status/1504233557048594432

⚡Ecosystem Updates

1. THORSwap

• THORSwap released its vision and roadmap. Cross-chain aggregator, V2 redesign, and vTHOR are coming soon: https://twitter.com/THORSwap/status/1503844357438414851

• THORSwap desktop app v5.0 has been released, THORChain hardfork support, Terra integration, some fixes improvements: https://twitter.com/THORSwap/status/1508378829416546306

• THORSwap recorded $470m volume for March (approx. 900% growth), a thread on revenue forecast: https://twitter.com/THORSwap/status/1508731476992573441

• A thread on THORSwap volume/revenue analysis: https://twitter.com/THORmaximalist/status/1504599967100461058
• Impressive growth in THORSwap volume, LP earnings, liquidity: https://twitter.com/THORSwap/status/1504744966442176512
• THORSwap app updated Ledger, Walletconnect and Keystore integrations for THORChain hardfork: https://twitter.com/THORSwap/status/1506192081936605191
• THORSwap team attended Cryptonary’s NFA podcast series: https://twitter.com/THORSwap/status/1506608938950840327

• Twitter space recording: https://twitter.com/THORSwap/status/1506753737146085380
• THORSwap has $1.1B trade volume till date: https://twitter.com/THORSwap/status/1507352747326296064

• Guide to earn yield & trade Terra LUNA: https://twitter.com/THORSwap/status/1507469400630341632

• Video on Terra LUNA & RUNE integration, How to use them on THORSwap: https://twitter.com/danku_r/status/1507872010105503744

• THORSwap aggregator to integrate Stargate protocol for cross-chain swap: https://twitter.com/THORSwap/status/1507942489294098436

2. XDEFI WALLET

• Guide on how to migrate from Terra station to XDEFI wallet: https://twitter.com/xdefi_wallet/status/1504115457112092675

• How to migrate from MetaMask to XDEFI Wallet: https://twitter.com/xdefi_wallet/status/1506924397210259462

• THORChain Synths available, Ledger support for Avalanche, THORSwap issues are all fixed: https://twitter.com/xdefi_wallet/status/1504134101279907849
• Check out new website of XDEFI wallet: https://twitter.com/xdefi_wallet/status/1504829887693078553

• Swap native Ethereum for native Bitcoin: https://twitter.com/xdefi_wallet/status/1505944662963544071

• Stake $XDEFI for an estimated APR of 114% for a 75 days lock period: https://twitter.com/xdefi_wallet/status/1506297196597202944

• Guide on how to stake UST on Anchor Protocol within XDEFI Wallet: https://twitter.com/xdefi_wallet/status/1506571498970038275

• A breakdown of XDEFI circulating supply: https://twitter.com/xdefi_wallet/status/1506635025021915147
• Version 14.1.0 published to the Chrome store after the hard fork of THORChain: https://twitter.com/xdefi_wallet/status/1506678579165290504

• Buy crypto with fiat with 0% fees for limited period 14 days: https://twitter.com/xdefi_wallet/status/1506965022588686339

• What is EIP-1559 and how does it work: https://twitter.com/xdefi_wallet/status/1507027991922102275

• Integrated with INK Protocol: https://twitter.com/InkProtocol__/status/1507206892052959242

3. RANGO EXCHANGE

• Partnered with FantohmDAO: https://twitter.com/RangoExchange/status/1504163824567472129

• Strategic partnership with Leap wallet: https://twitter.com/RangoExchange/status/1504824457340329989

• Leap is the first Terra wallet to have in-wallet cross-chain transfers with Rango’s API power: https://twitter.com/RangoExchange/status/1505899605166379011
• Rango monthly report: https://twitter.com/RangoExchange/status/1507725487283523590

• Launched trading competition with OpenOcean on Fantom: https://twitter.com/RangoExchange/status/1508071852521971733

4. DefiSpot

• DefiSpot interface went live — https://www.defispot.com/

Kudos to the team for delivering such an incredible interface. Looking forward for more!

5. THORWallet

• Hardfork update is available for Android and Testflight: https://twitter.com/THORWalletDEX/status/1506356225662984192
• THORWallet won the Startup Worldcup 2022 pitch competition: https://twitter.com/THORWalletDEX/status/1506531714428018689
• Update in TGT rewards, TGT staking rewards set to 12.5%, LP TGT rewards will be activated with update v1.2: https://twitter.com/THORWalletDEX/status/1507342729801617408
• Coinbureau on THORChain & THORWallet: https://twitter.com/THORWalletDEX/status/1503971737083719684

• An article of THORWallet: https://twitter.com/THORWalletDEX/status/1504359636748713986

• SYNTH coming to THORWallet: https://twitter.com/THORWalletDEX/status/1505225582635855879

• Article on THORWallet dex: https://twitter.com/THORWalletDEX/status/1506871620299804676

• Video on THORWallet Review: https://twitter.com/THORWalletDEX/status/1507083277311561739

6. ASGARDEX

• ASGARDEX 0.12.2 released: https://twitter.com/asgardex/status/1507349005432414217
• Ledger BTC, LTC, DOGE and now BCH are supported in ASGARDEX v0.11.0: https://twitter.com/asgardex/status/1505131066327248898

7. THORYIELD

• THORYield WebApp got updated, THORChads can check their yield on THORChain with ease: https://twitter.com/THORYieldApp/status/1506025984893534226
• THORSwap Volume and Interface Metrics are available on THORYieldApp now: https://twitter.com/THORYieldApp/status/1507350892370087940
• THORYieldApp v2 will be launched in 2 weeks for iOS / Android users: https://twitter.com/THORYieldApp/status/1508362982371246085

8. THORGUARDS

• Latest updates on BRO airdrop, roadmap 2.0, Wen utility, nd more: https://twitter.com/ThorGuards/status/1504126251442728969

• Analysis of BRO airdrop by ThorGuards & BrokkrFinance: https://twitter.com/v__RaBBiT__v/status/1504221998406275073
• Twitter space recording on Roadmap updates & BRO airdrop: https://twitter.com/ThorGuards/status/1504488250571821066
• Reached 1K ETH volume traded on Opensea: https://twitter.com/ThorGuards/status/1505620668888453120

9. BROKKR FINANCE

• Video explanation of Brokkr Finance: https://twitter.com/BrokkrFinance/status/1504113243295526913

• A thread on upcoming airdrop for Luna Bulls & ThorGuards holders: https://twitter.com/BrokkrFinance/status/1504124209349472261

• Partnered with Kinetic Money: https://twitter.com/BrokkrFinance/status/1504457210289696780

• Integrated with StarTerra: https://twitter.com/BrokkrFinance/status/1505895647987314696

• An informative thread on Brokkr Finance: https://twitter.com/BrokkrFinance/status/1505950122408095748

• THORChain liquidity pools reimagined with Brokkr Finance: https://twitter.com/BrokkrFinance/status/1506232867709460484

• Brokkr IDO Overview: https://twitter.com/BrokkrFinance/status/1507376948405747717

• Introductory article on Brokkr Finance: https://twitter.com/JaneDButterfly/status/1507361095232933888

• Insightful thread on Brokkr Finance: https://twitter.com/wolf_of_defi/status/1508479388735713284
• Smart contracts audited by Halborn Security: https://twitter.com/BrokkrFinance/status/1508862344239194123
• Register for the airdrop: https://twitter.com/BrokkrFinance/status/1508866736149475329

⚡Weekly Dev Discord Updates

TRX1’s Weekly Dev Report (14.03.2022–20.03.2022)

THORChain Monitoring bot

• Preparations for THORChain hard fork
• Added ILP payouts to Tx notifications if applicable
• WIP: ILP payout tracking for daily tally
• Synths:
— Showing wallet balances
— TX notifications
— Correct display of asset names
— 24h synths trade volume was added to the daily report
• Fixing bugs in the Mimir notification logic
• New THORYield links
• Basic Terra/Luna support
• THORNode/RPC/Midgard URLs are configurable now
• Various minor typos and errors eliminated

Python Library: aiothornode (https://pypi.org/project/aiothornode/)
• New URLs and predefined environments are available (Stagenet, NineRealms, ThorSwap)
• bond_providers support
• Support for the new TX endpoints after the hard fork
• Genesis query

Next Week:
• Fixing bugs for Slack module

Brokkr Dev Report 🚀

- Add Liquidity Providing Feature
- Support for Thorchain Hardfork
- Add Icon System (new Icons for Synths and Coin Pairs)
- Fixes on our Transaction Result Check Tool
- Fixes on Status Page for maximum available Synth amount
- Add XDEFI Synth support
- Add Smart Contract Support
- IDO Preparations

TRX1’s Weekly Dev Report (21.03.22–27.03.22)

THORChain Monitoring bot
• New Rune circulating supply calculator for BEP2/ERC20/Native
• New approach for calculating liquidity capacity
• Slack:
— picture uploading and posting
— pause/resume slash commands
— automatically stop the notification feed for channels that have become unavailable
• NodeOp tools:
— node presence monitoring
— testing and debugging all types of notifications
— fix bond change notification
— filter old messages
• New Mimir constant names added
• ILP payout tracker
• Bug fix: Mimir not found crash
• Bug fix for refund TXs
• A few typos fixed

Next:
• Deliver Slack support
• Users request: Price divergence alerts

Follow us on Twitter for regular updates on THORChain and its Ecosystem: https://twitter.com/THORNOOBs

Medium: THORNOOB — Medium

Twitter: https://twitter.com/THORNOOBs

Youtube: THORNoob — YouTube

Website (WIP): https://www.thornoob.com/