Thorus is going cross-chain to try to be the first DEX on Moonbeam network!
In DEFI things move FAST! To stay competitive we must be flexible to capitalize on opportunities as they arise. With this in mind, we are expanding to Moonbeam to be one of the first AMMs on the network!
We are excited to introduce a whole new market of users to our low fees, fast performance, innovative treasury and bonds, brand new launchpad, all while driving more value back to THO holders!
To achieve this rapid integration, we are partnering with Multichain (formerly AnySwap)! 🥳
A bridge to reach the Moonbeam’s gates!
Through this major partnership, Multichain will provide Thorus a bridge with minimum fees for THO and STATIK tokens, which will give the possibility to the Thorus tokens’ holders to move fast from Avalanche to Moonbeam and vice versa!
Furthermore, the Multichain’s bridge will allow Thorus to rotate its emissions between Avalanche and Moonbeam, which opens up a fantastic path to join the Moonbeam Network as a DEX with the lowest swap fees of the market!
Even though cross-chain expansion was planned later in our roadmap, DeFi is evolving fast and so are we! Thorus will thus try to become the first All in One DEX on Moonbeam, to grow the liquidity and treasury to the fullest extent, thanks to its key-features such as POL (Protocol Owned Liquidity) via Bonds, Launchpad and lowest fees!
Our main goal is to bring our knowledge and know-how to Moonbeam’s community, and therefore to be the first DEX on Moonbeam network!
Says Creppy, Founder and Lead Dev of Thorus.
More than only a bridge-related partnership, an extended collaboration with Multichain!
Moreover, at the moment there is no liquidity on Avalanche for MULTI, the Multichain’s token.
A such, Thorus will be the first DEX to have that liquidity and will offer very soon:
- MULTI Bonds
- MULTI-STATIK farm! 🤩
Users from Multichain and Thorus’ communities will be able to sell their MULTI tokens to the Thorus platform and in return, receive dynamically discounted THO tokens throughout a 7-day vesting period.
This will create Protocol Owned Liquidity by tying MULTI tokens into the protocol’s Treasury in the form of bonds to maintain constant liquidity and increase the backing price of THO!
MULTI-STATIK farm will create the MULTI token liquidity within the Avalanche ecosystem through the Thorus platform, which will benefit to the entire Thorus ecosystem as well as to each farmer that will farm MULTI-STATIK and earn those high APRs!
Stay tuned, more awesome news to come soon!
Thorus is an all in one cross-chain DeFi Platform with an adaptable treasury system, and a token holder first approach. All protocol functions are designed to reinforce this mentality. Each feature is part of an ecosystem that continually drives value back to the THO token, benefiting holders and stakers above all.
The project also aims to be amongst the first AMM’s with Protocol Owned Liquidity (POL).
If you have any questions or thoughts, please join us on our social networks!