@THORChain is the crossroads of crypto 🌈
I am building data tools #ThorChads.
Here’s what I am building:
⚡️Data Provenance - storage, validation, ETL
⚡️Data Access - Python wrapper, csv
⚡️Data Products - dashboards, tax reports
LFG, together 🌈⚡️⚡️⚡️
DMs open, let's build
@Sw4llux@sunnya97 @ThorChimp @THORChain Synths outside of TC could be valuable for TC and broader ecosystem - provide alternative access to claim L1s rather than axelar and nomic being only wrapped options.
Also synths IBC'ed out would increase yield for remaining LPs and savers?
enjoying the activities goblin town has to offer
i will be a renaissance astartes next bull
> squat rack
> horus heresy
> drawing classes - perspective, forms, anatomy
> seed-oil free restaurants
@THORmaximalist@CBarraford@FreddieRaynolds @setanimals @cdigiola @DharmaSurfer@BhishmPitahma@THORChain this is crux of my concerns
rune is net inflationary in this case
additionally, why would borrowers stay? - they can exit into stables or fiat and protect their principal.
Losing borrowers means less APY for savers who are then looking for alternatives - more rune minted.
Since the introduction of synths, Bitcoin swap volumes have dramatically increased on #THORChain .
Today, the majority of Bitcoin swaps use synthetic Bitcoin.
Thank you @CBarraford and @flipsidecrypto for helping me build this query.
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@ChadThoreau FYI :-)
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do most people just not think anything through? second order effects — is this a concept that exists for the average person? serious answers only please i want to understand
Most of the smartest people in our world get in their own damn heads so deep they talk themselves out of anything.
Too risky. Too hard. Too many competitors. Whatever.
They do too much thinking and they become the ultimate pessimist.
Too intelligent for their own good.
🚨 @THORChain is undergoing a hard-fork this week to upgrade to Cosmos SDK v0.45.
⚠️ There will be breaking changes for front-ends.
📄 Use this guide to migrate: https://t.co/Gvvb3flYUx
Reach out to me or another team member in the dev Discord with issues.
The @wormholecrypto integration is opening up so many routes for our aggregator..
In additions to @THORChain and @astroport_fi, you will be able to swap native BTC against USDC on Polygon in a few clicks without leaving the wallet.
Currently in testing.
@DeFimagick @THORSwap@THORChain Tldr - yes, it's a LP 50% asset, 50% rune, protocol offers IL protection, 1% per day.
Yes - you are taking rune exposure.
You can enter asymmetrically and protocol will split 50/50 for you.