21 hours agoLPU THORChain Updates (End Jan 2023)In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! Development for THORFi Lending in progress Do check out ChadB’s video walkthrough: https://youtu.be/8qCiyLy4YEw Concise design thread: https://twitter.com/thorchain/status/1616376332945969152 2. Ledger integration teaser https://twitter.com/ledger/status/1609856342847537152 3. Nodes voting for Impermanent Loss Protection (ILP) DeprecationThorchain1 min readThorchain1 min read
Jan 9Under the Hood: Savers Vaults Tips, LP LUVI APR, & ILP DeprecationNow that Savers Vaults have been live for almost two months, and Nodes have voted for deprecation of Impermanent Loss Protection (ILP) starting on block 9,450,000 (sometime around 6-Feb-2023), let’s take a deeper look into both of these. 1. Savers Vaults Slippage One important consideration is the slippage when depositing…Thorchain4 min readThorchain4 min read
Dec 16, 2022LPU THORChain Updates (Mid Dec 2022)In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! 1. Trust Wallet Integration Trust Wallet has long been supporting native RUNE, and connecting to other frontends via Wallet Connect. On 14-Dec, Trust Wallet Android mobile app launched in-app native cross chain swap capability, powered by…Thorchain2 min readThorchain2 min read
Dec 11, 2022Calculating Redeemable Value in Liquidity Pool (Level II)Also known as: what is LUVI and Deposit Protection? On 7-Jan-2023, nodes voted for full deprecation of Impermanent Loss Protection, starting on block 9,450,000 (sometime around 6-Feb-2023). Deposit Protection will NOT be implemented. The article below is preserved for archival and educational purpose. Recap Recall in https://crypto-university.medium.com/calculating-redeemable-value-of-a-liquidity-pool-e89a452afeec, we can calculate…Thorchain3 min readThorchain3 min read
Nov 27, 2022LPU THORChain Updates (End Nov 2022)In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! 1. Savers Vault Enabling yield for Savers Vault was delayed slightly until final patches were updated in v1.99 on 11-Nov, and Savers Yield was enabled in block 8195056 on 12-Nov. Below are the status of the…Thorchain2 min readThorchain2 min read
Nov 10, 2022Under the Hood: Checking THORChain’s SolvencyTHORChain is unique as a crosschain liquidity protocol as it runs on multiple native blockchains. This enables laypersons to easily check and confirm that the assets in THORChain’s liquidity pools do in fact exist and are in the expected amounts, i.e. solvent. Update 25-Nov-2022: A simple site to track THORChain’s…Thorchain4 min readThorchain4 min read
Nov 8, 2022LPU THORChain Updates (Early Nov 2022)In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! 1. Avalanche AVAX Integration Native AVAX and the AVAX.USDC pools went live in early Oct. However, there was a minor outbound fee bug which caused small swaps to AVAX to fail (users refunded minus some gas fees), and also delayed…Thorchain2 min readThorchain2 min read
Oct 6, 2022LPU THORChain Updates (Early Oct 2022)In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! 1. Avalanche AVAX Integration AVAX Asgard Vaults and the base AVAX.AVAX pool went live after the node churn on 24-Sept-2022. However, the THORChain Avalanche router was not properly set up. This router is essential for AVAX…Thorchain2 min readThorchain2 min read
Sep 23, 2022Under the Hood: Liquidity Pool Creation, Staging and ChurningMost liquidity pools on THORChain consist of RUNE and the gas assets of the integrated external blockchains (BTC, LTC, BCH, DOGE, ETH, BNB Beacon Chain, ATOM and soon AVAX). Additionally, blockchains like BNB Beacon Chain, Ethereum and soon Avalanche, have tokens (BEP-2, ERC-20, and AVAX C-chain tokens) which can have…Thorchain2 min readThorchain2 min read
Sep 18, 2022LPU THORChain Updates (Mid Sep 2022)In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! 1. Next Chain Vote This signaling vote from the Node Operators ended with BSC getting the highest votes, followed closely by XHV (and DASH a commendable third). …Thorchain2 min readThorchain2 min read
