BNB Smart Chain added to THORChain
BNB Smart Chain has been successfully added to THORChain. BNB and BEP-20 assets are immediately available for all users to provide liquidity & swap
BNB Beacon Chain and BEP-2 assets like BUSD, have been available on THORChain since the genesis of the network. Single Chain Chaosnet, the precursor to THORChain Mainnet, operated entirely using BEP-2 assets. Now, THORChain has expanded its support for BNB Chain through BNB Smart Chain and BEP-20 assets.
Active Interfaces
- THORWallet
- THORSwap
- Additional interfaces will be added as they go live
BNB Savers
Savers is now available for BNB on BNB Smart Chain
Savers is a simple way to provide single-asset liquidity on THORChain with no risk of impermanent loss. Savers is available for any Layer 1 gas asset pool and TOR anchor pool, now including BNB on BNB Smart Chain. When BEP-20 stablecoins are added to the TOR Anchor pool list, they will be immediately available for Savers. Note that Protocol Owned Liquidity has not been activated for any chains other than BTC and ETH, so capacity is limited by total dual-liquidity in the BNB pool.
Active BNB Smart Chain pools
- BNB
BEP-20 assets available for pool creation
Pools can be created for any whitelisted asset. For a pool to be created, it must have a depth of over 10,000 RUNE to be available for swaps. Assets can be added to the whitelist via Pull Request in the THORNode Gitlab.
DEX Aggregation for BEP-20 Assets
THORChain’s DEX aggregator functions with BNB Smart Chain, giving users the ability to swap in/out of THORChain to/from another DEX like PancakeSwap. This provides access to an expanded list of BEP20 long-tail assets without requiring pool creation on THORChain. Enabling automatic routing from Native $BTC to $CAKE for example, in a single transaction. This feature can be accessed through various frontends who develop this functionality, such as THORSwap & THORWallet. The current list of whitelisted assets for SwapOut can be found here.
Lending
Lending is not yet available for assets outside of BTC and ETH. BNB on BNB Smart Chain will be available as collateral for lending at a later time. Note that the collateralization ratio is based on the outstanding debt and pool depth, so a shallow BNB pool will also have a correspondingly shallow lending cap.
Currently active BNB Beacon Chain (BEP-2) pools:
The following assets are active BEP-2 (BNB Beacon Chain) pools on THORChain
Community
To keep up to date, please monitor community channels, particularly Telegram and Twitter:
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