Explorez tous les épisodes du podcast THORChain Livestream Podcast

Swap now https://swap.thorchain.org/?ref=g39yp9zwjslf

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Introductions

00:02:00 Marketing Update

00:05:00 Communication Refinements

00:08:00 Chad Barraford Begins: Unchained Podcast

00:12:00 Continued Discussion About the Interaction on the Podcast

00:16:00 Discussion of Governance Structure

00:20:00 Double Standards in Logical Arguments Made Against THORChain

00:26:00 Pausing Doesn't Make Sense for Multiple Reasons

00:32:00 Reaction to Unchained Podcast

00:35:00 Chad's Thoughts on the Arguments and Misinformation

00:40:00 Chad's Offer to Go on a Separate Podcast

00:46:00 Node Operators Targeting Other Node Operators for Disagreeing? LOL. No!

00:51:00 Graphic Screenshare of Online Metrics

00:57:00 Screenshare of RevShare Dashboard

00:59:00 A Few Wallets Asking About the RevShare Program

01:03:00 RevShare Is Controlled by the Nodes

01:08:00 AI and Recursive Self-Improvement: The THORChain Angle

01:14:00 Faster Block Times?

01:16:00 Encryption Concerns With Future AI Capabilities and ECDSA

01:21:00 What Would It Look Like if ECDSA Got Cracked?

01:25:00 3.21 Update

01:28:00 Memoless Will Be Reenabled

01:31:00 Edge Cases in XMR

01:32:00 Wen Batched Outbounds?

01:35:00 Who Will Enable Monero When It Goes Live?

01:37:00 Over-Solvency Question

01:49:00 What Can the Protocol Do About Nodes That Are Unresponsive in Ready Status?

01:51:00 Any Communication Between Marketing or Core Devs and Governments?

01:55:00 AI Shield Model From NEAR

01:58:00 The Cyberpunk Ethos Is Gone From BTC

02:02:00 Any Other Ideas for Increasing the Treasury?

In this episode, we have Aaron from Houdini Swap, who gives us an overview of what Houdini Swap is and how it works, including how swaps are executed and the regulations associated with them. After that, Kenton gives us an extended marketing update.

Swap now https://swap.thorchain.org/?ref=g39yp9zwjslf

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00 Intro

00:02:00 Koitsu Farewell

00:04:00 Houdini Swap Introduction

00:08:00 Kenton Talks About His Experience With the Stock Market and Manipulation

00:11:00 Why the Idea of Houdini Swap Came Out

00:17:00 Explaining the Ethos and What It's Like to Use Houdini Swap

00:19:00 BTC Mining Entity Had Houdini Build a Custom API for Private Payments

00:23:00 How Private Is Houdini Swap? Bulletproof?

00:25:00 How Much Info Can Houdini Give to Third Parties if Requested by Authorities?

00:34:00 It Is Not Houdini's Job to Ensure What Is Right or Wrong

00:36:00 How Exactly Houdini Swap Works

00:39:00 The Obfuscation Is Hard to Break!

00:40:00 What Else Should the Audience Know?

00:47:00 Houdini Swap Protects People and Saves Lives

00:48:00 New Features?

00:50:00 Houdini Pay Feature

00:51:00 Houdini Screenshare

00:59:00 Houdini Private Send Is Quickly Becoming the Preferred Feature!

01:02:00 THORChain's Price Competitiveness vs. Other Exchanges

01:05:00 Important to Keep THORChain as Cheap as Possible!

01:10:00 How It Looks on STO

01:15:00 DeFiLlama Has Been Doing Good Metrics So Far!

01:19:00 ZEC Announcement Critique

01:24:00 How Do We Announce XMR?

01:30:00 Let's Work Together as a Community

01:33:00 Harmonizing Financial Reports With Blockworks and Crypto Protocols

01:38:00 I'd Like to Get in With Bitcoin Magazine

01:40:00 Tangem Question

01:46:00 Passkey Wallet

01:49:00 Unstoppable Wallet Fork?

01:53:00 Good AI Readiness Score

01:58:00 If You See Any "Liquidity Protocol" Titles, Let Kenton Know So He Can Correct Them!

In this episode, Kenton kicks things off with a marketing and PR update, followed by Chad’s protocol update, covering dynamic fees, SwapKit revenue sharing, and more. The discussion then pivots to recent hacks and THORChain’s permissionless stance.

Swap now https://swap.thorchain.org/?ref=g39yp9zwjslf

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Marketing Update

00:05:00 Erik Voorhees Video

00:08:00 Chad B Update

00:11:30 Dynamic Fees

00:13:00 SwapKit RevShare

00:16:00 Mimir Talk: How Does THORChain Work?

00:21:00 Community Alignment and Decentralization

00:24:00 Increasing Node Talk

00:30:00 Can Nodes Communicate?

00:35:00 Governance Talk

00:41:00 Chad Is Going on Laura Shin's Podcast

00:45:00 Why Do Chains Pause?

00:49:00 Safety Mechanisms Exist to Protect Users

00:51:00 An Open System Is Important

00:54:00 THORChain Is the Solution

01:01:00 BTC Whitepaper

01:02:00 THORChain Figured Out Layer 1 Swaps

01:04:00 Prevention Is Better Than Reaction

01:06:00 Risk Profile of THORChain vs. CEXs

01:09:00 Swapping on THORChain Is Safe!

01:14:00 Node Mimir Functionality

01:18:00 Philosophy of What THORChain "Should" Do

01:24:00 Freedom Matters Above All

01:30:00 There Is No Perfect System

01:33:00 The Current System Is FAR From Perfect

01:40:00 Privacy Is the Next Big Issue

01:41:00 KYC Breaches Have Been Disastrous

In this episode, the team discusses Cauldron’s Bitcoin Cash-focused interface, WizardConnect, cross-chain swaps through THORChain, and the role of MUSD. They also explore Bitcoin Cash DeFi, permissionless token launches, and how Cauldron connects users to the wider THORChain ecosystem.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Marketing update

00:03:00 Halvor introduction

00:04:00 Cauldron introduction

00:06:00 Cauldron is a BCH-specific interface

00:07:00 What exactly can you do?

00:10:00 What does THORChain need to do to support MUSD?

00:14:00 Is privacy coming?

00:16:00 What other assets are available?

00:18:00 An alpha on the hottest, latest meme coins?

00:22:00 Website screenshare

00:27:00 Best BCH wallets?

00:29:00 Wizard Connect is better than Wallet Connect

00:33:00 How does MUSD work?

00:36:00 How do you prevent a death spiral?

00:38:00 Has MUSD ever lost its peg?

00:40:00 MUSD can never exceed BCH market cap

00:41:00 Is there a lock-up period?

00:46:00 Shorter block times on BCH?

00:49:00 Hard-fork discussion

00:51:00 BCH governance description

00:54:00 KYC discussion

00:58:00 Cauldron Swap token-to-token upgrade/pools

00:59:00 IDO launching (Initial DEX Offering)

01:04:00 Anything else?

01:05:00 THORChain praise from Dagur

01:08:00 Point of sale with MOCA

In this episode, the main discussions revolve around STO integration with Houdini Swap, the treasury generating revenue, and Devels presentation on base layer limit orders.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Introduction and context of Houdini Swap integration

00:37:00 Marketing discussion

01:10:38 Revenue share and dynamic fees

01:21:10 Base Layer Limit Orders

In this episode, the team discusses with Matt and Xardas about AI in crypto; AI security, sovereignty, responsibility, hardware, and what THORChain can do to prepare for an increasingly agentic future.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:30 Marketing update

00:04:00 Sovereign AI setup of Payne

00:07:00 History of Xardas, founder of NGRAVE

00:08:00 Xardas begins — the acceleration of AI

00:11:00 History of a previous venture, Storm City, and dealing with exploits

00:15:00 Xardas' history with the NGRAVE wallet

00:17:00 The security of AI permissions will need to extend beyond cryptographic keys!

00:19:00 There is a layer between information and secrets you don't want other people to access (like a firewall)

00:21:00 100% reliable AI infrastructure that is not hackable does not currently exist — until now

00:25:00 These AI models will mostly be used by companies in the beginning. These agents will be able to interact with other entities on your behalf

00:29:00 Eventually, AI will be able to exploit any hole in code that exists

00:31:00 Will AI solve mathematical proofs? Yes, but it doesn't need to!

00:36:00 The place to verify the hardness and security of the system must be very secure

00:39:00 It is futile to get alignment from the model

00:41:00 Kenton: Everyone wants to outsource responsibility

00:43:00 Innovation will come where freedom is preserved

00:47:00 We need the ability to MAINTAIN sovereignty, and companies should be wise to this (liability)

00:51:00 Will this be miniaturized and available for everyone to safely interact with the internet?

00:56:00 Terminator 2 analogy

00:58:00 Sovereign AI is the new watchdog

01:02:00 What can THORChain do to be ready for this future?

01:07:00 Screenshare of website

01:14:00 It's important to believe that creating freedom brings more value

01:16:00 These systems will be mandatory to protect sensitive data

01:20:00 The cost of securing one's system will be far, far cheaper

01:22:00 Regulations will only delay innovation and the inevitable

01:29:00 How long will the hardware last in terms of capability?

01:31:00 Cost of hardware

01:33:00 How does updating work?

In this episode, the team discusses the latest protocol and development updates, including SwapKit revenue sharing, upcoming Zcash and XMR support, and the path toward THORChain becoming self-sufficient. They also dive into ADR 30, intents, Rapid Swaps.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Solvency sweeper — re-enable dynamic fees

00:04:00 SwapKit rev share

00:05:00 Next week Zcash, XMR fast follow

00:06:00 What was the issue with SwapKit rev share? What delayed it?

00:09:00 Wen Ragnarök Gaia?

00:13:00 Kenton supports keeping Gaia

00:14:00 Marketing update — API usage is great

00:17:00 DefiLlama swaps and ads

00:22:00 Chat Box STO — every other day it gets a “wen XMR?” question

00:24:00 Can we launch XMR ahead of ZEC?

00:26:00 Wen hiring more devs?

00:27:00 Agentic workflows for various devs

00:29:00 AI will lead to devs getting more efficient over time

00:31:00 Should the dev fund be increased?

00:34:00 Houdini Swap income for the treasury

00:36:00 What would the treasury do with the money if the dev fund exceeded operating costs?

00:38:00 Self-sufficiency is potentially not far away

00:41:00 THORChain achieving self-sufficiency in a bear market would be crazy!

00:44:00 ADR process

00:47:00 ADR 30 delegated Node Operator addresses

00:50:00 THORChain.net screenshare

00:57:00 Intents question

01:03:00 What does THORChain need to achieve to be firmly #1 for economic infrastructure for the industry?

01:05:00 Rapid Swap topic

01:06:00 Devel shoutout

01:10:00 THORChain's moat in an intent-driven world

01:16:00 Shoutout to a big XRP to ETH swapper

01:18:00 Will THORChain be invisible in the future or a well-known brand?

01:22:00 If you were redesigning THORChain today, would the architecture look the same or different?

01:27:00 THORName issue with THORName A to THORName B

01:28:00 Opt-in Chain Client still being considered? Does that increase or decrease the complexity of churns?

01:30:00 Security and core services are focused on in parallel

01:36:00 Can we have an exact date for the XMR release or when it goes live?

01:40:00 What's the current stagenet THORNode + Midgard base URLs, and which liquidity model does the XMR pool run (CLP / CCL / DCL)?

In this episode, Omar gives us an overview of Station Wallet’s history, how its agentic wallet works, and its future plans for XMR and Polymarket. He also explains the relationship between the VULT token and Station Wallet and much more!

Swap now: https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self-custody wallet to swap, and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Marketing update

00:05:00 Omar starts with his introduction

00:07:00 History of Station Wallet

00:09:00 How does Station Wallet work?

00:11:00 You can import a seed phrase and it gets converted

00:13:00 Beautiful, simple, and easy to use

00:17:00 Website screenshare

00:19:00 Agentic explanation and potential

00:26:00 Station Wallet had to start from zero again because the data was not preserved

00:29:00 Does it support XMR?

00:35:00 Polymarket support

00:39:00 VULT token inflation metrics

00:41:00 Buying new brands?

In this episode, the team discusses Router V6, the current memoless situation, ADR 29, XMR integration and its remaining blockers, the upcoming v3.20.2 release, stablecoin support, tokenized assets, and the latest POL developments.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Marketing update

00:07:00 Adding Houdini Swap

00:09:00 Exodus Wallet support

00:11:00 TSS halt signing — current situation

00:15:00 Router V6 update

00:17:00 What exactly can Router V6 do?

00:19:30 Current situation with memoless swaps

00:27:00 Memoless spam discussion — single actor

00:33:00 Further discussion about the memoless attack vector attempt (unsuccessful)

00:40:00 Adding a timer to STO for memoless swaps

00:42:00 ADR 29 ETA

00:44:00 XMR questions

00:47:00 What is the current blocker for XMR?

00:52:00 Minimum/maximum swap size when XMR goes live?

00:55:00 XMR community question: Security, audits, and churn cadence

01:02:00 How do we make things smoother and improve the outbound queue?

01:05:00 Adding USDC/USDT.sol to the roadmap — is it easy to do?

01:08:00 Does it make sense to increase Rapid Swaps?

01:10:00 Was the stablecoin swap experiment conclusive?

01:17:00 ETA for 3.20.2

01:18:00 Long-tail pools question

01:22:00 Tokenized assets on THORChain/DeFi

01:28:00 Kenton weighs in on tokenized gold and silver

01:34:00 The merger of DeFi and TradFi

01:38:00 POL growth

01:45:00 Burn percentage and more POL discussion

01:52:00 Adding liquidity to staged pools (link?)

01:56:00 How are the cryptography teams doing?

In this episode, Freddy gives us an overview of what RAVN Exchange is and how their non-custodial cross-chain swap aggregator works.

Swap now: https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self-custody wallet to swap, and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:30 Marketing update

00:05:00 Freddy introduction

00:07:00 Why Ravn Exchange was created

00:11:00 Which DEXs have you integrated?

00:14:00 XMR coming to THORChain is very big

00:15:00 Any insight into your target audience?

00:19:00 Has Ravn considered using THORChain XMR swaps to achieve privacy automatically?

00:25:00 AI agent infrastructure

00:28:00 Execution page

00:32:00 Does Ravn hold user funds?

00:33:00 Adding RUNE support?

00:36:00 Fiat on/off ramps

00:37:00 Is Ravn Exchange live?

00:38:00 Integration page

00:43:00 Waiting on Router V6 upgrade

00:47:00 Memoless explanation

00:48:00 Do you expect free stable-to-stable swaps to see a significant uptick?

In this episode, the team discusses internalized arbitrage and how it could work across the App Layer, the viability of BLOs, and potential risks from node operators interacting with the App Layer. They also cover POL performance, removing churn requirements, ADR 30, and how AI agents could help diagnose consensus.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Marketing update

00:09:00 BLO/AMM question

00:11:00 Agentic question

00:13:00 Is there a command-line wallet available?

00:14:00 Kenton shares AI metrics

00:16:00 We are getting visibility

00:20:00 Can THORChain internalize arbitrage?

00:26:00 Hans talks about CCL/DCL and the enshrined oracle

00:30:00 Devel and Hans discuss designs for internalized arbitrage

00:33:00 App Layer is running again

00:36:00 Could nodes collaborate to attack the App Layer?

00:38:00 What are the repercussions of nodes attacking the App Layer?

00:45:00 Can the App Layer quote on BLOs?

00:51:00 BLO viability question and discussion

01:00:00 BLO discussion continues

01:10:00 Kenton's story about buying BTC

01:12:00 Update on THORChain's stability efforts

01:15:00 Removing churn as a requirement

01:19:00 POL discussion and performance

01:30:00 ETF discussion

01:37:00 POL vs. RUNE price reflexivity

01:42:00 ADR 30

01:45:00 Node operators and block time

01:47:00 Stability discussion with Chad B — Midgard and AI agents

01:53:00 Will this help diagnose App Hash/consensus failures?

In this episode, we mostly discuss app layer and base layer alignment, communication going forward, and how to improve both.

Swap now: https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self-custody wallet to swap, and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:05:00 App Layer pause

00:07:00 Concerns about pausing the App Layer

00:10:00 Freezing the emergency brake

00:13:00 Restarting should be safe

00:16:00 Breakdown of arbitrage revenue

00:24:00 Discussion about the ramifications of pausing the App Layer

00:33:00 Continuing the discussion

00:36:00 DCL discussion

00:40:00 Sonar is coming!

In this episode, the team discusses the v3.20 update, chain stability issues, Monero and Zcash, AI using THORChain, problems with memoless swaps, and much more.

Swap now: https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self-custody wallet to swap, and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 AI video

00:06:30 Kenton marketing update

00:09:00 Chad B talks about recent events and pausing for a few weeks to harden the protocol

00:15:00 API endpoint relationship between THORChain and the App Layer

00:16:00 We are doing very well in AI!

00:19:00 Chad B: The exact future of AI is unknown

00:21:00 "Exact out" swaps

00:26:00 When will THORChain be back online?

00:27:00 AI purchasing things online

00:30:00 Will "Add bond yield auto-claim using optional THORName affiliate collector payouts" make it into 3.21?

00:31:00 What is the situation with the open-source TSS library? (Currently closed source)

00:32:00 XAUT is coming

00:33:00 MOR is whitelisted — seed the pool soon?

00:36:00 AI self-improvement models and open-source AI

00:39:00 Could open-source AI recursive learning pop the AI bubble?

00:42:00 ADR 30 discussion

00:44:00 What ADRs are coming next? Free stable swaps, per-asset MinBPS, ADR requirements, Devel's BLOs

00:46:00 Free stable swaps are actually very complex — Chad B started developing them

00:49:00 Why does it take nodes so long to vote?

00:50:00 ADR voting requirements

00:52:00 Are we at the mercy of the nodes?

00:54:00 LP depth question and churn-out question

00:56:00 POL payment frequency to pools once enabled

01:00:00 Revenue-sharing progress

01:01:00 SwapKit is very close to enabling revenue sharing — 1–2 weeks (20% revenue share)

01:04:00 THOR token depth question — apparently, they are not being accounted for correctly

01:06:00 Memoless issue

01:09:00 How do we address spam attacks?

01:15:00 Continuing the conversation

01:18:00 Be careful when sending large swaps

01:21:00 Some people don't like freedom because it scares them

01:25:00 App Layer minority

01:30:00 Years from now, people will be amazed by how hard it was to build this stuff

01:32:00 The technology we're building attracts great thinkers

01:35:00 Is Go sustainable? Should we move to Rust?

01:38:00 Any other topics, Chad?

Denny, Kenton, and Ibek discuss Unstoppable Wallet’s THORChain integration, RUNE and TCY support, privacy, open-source development, AI security, DEX aggregation, stablecoin wallets, and the future of Unstoppable Wallet.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Marketing update

00:05:00 Referral links structure

00:06:00 Unstoppable integration history

00:07:00 Unstoppable introduction — Ibek

00:08:00 Unstoppable was created out of necessity

00:11:00 The wallet has been a core product for eight years

00:13:00 The wallet lets you swap anything to anything

00:14:00 Ibek loves working with THORChain due to the ideological alignment and attention to detail

00:16:00 What separates Unstoppable from being completely private? — UX trade-offs

00:20:00 XMR and Zcash support, including shielded Zcash

00:21:00 You now support RUNE and TCY — what else?

00:22:00 Unstoppable is purely a mobile wallet

00:23:00 No browser wallet for now due to the risks of the AI era

00:25:00 It's very difficult to lose your RUNE through either passive holding or bonding

00:28:00 How difficult was it to add RUNE support?

00:29:00 Adding THORChain was easy for Unstoppable Wallet

00:32:00 Forking Unstoppable's integration into other wallets

00:35:00 Open-source vs. closed-source in the AI era

00:39:00 Open source should always be the medium- to long-term goal

00:41:00 AI capabilities

00:45:00 Are you planning to add App Layer primitives?

00:47:00 Houdini Swap discussion — how do they achieve privacy?

00:51:00 NEAR is permissioned but fast due to this trade-off

00:53:00 STO needs to integrate more DEXs to give customers more options

00:56:00 We need to support tokenized assets

00:58:00 THORChain, Maya Protocol, and other DEX aggregators explained

01:01:00 We can enable the DEX aggregator for other pathways

01:03:00 Unstoppable has not integrated Houdini Swap due to risk considerations

01:05:00 Tainted funds and aggregator considerations

01:07:00 Another layer of complexity — aggregation introduces additional failure risks

01:10:00 Edge cases like memoless swaps

01:13:00 UX consideration: Pop-up for double swaps

01:15:00 Is Unstoppable considering a token?

01:18:00 Token design possibilities

01:21:00 Announcing a new product — a wallet specifically for stablecoins

01:23:00 Is this a trend for stablecoin wallets?

01:25:00 Thesis: Stablecoins will be integrated into everyday apps within 1–2 years

01:26:00 How do you make money with this wallet?

01:27:00 Feeless stable-to-stable swaps on THORChain

01:28:00 Would you see value in that capability, Ibek?

01:30:00 Is there demand for this wallet right now?

In this episode, the team discusses the latest developments across THORChain, including the ongoing v3.20 vote, the upcoming POL vote, ADR 29 passing, and what could be coming in v3.21 and much more.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Marketing update

00:03:00 Help desk update

00:04:00 MimbleWimble and memoless swaps — don't do it!

00:06:00 App Layer features coming to STO

00:08:00 Abstracting secured assets away from the user experience

00:12:00 Rayyk has been helping a lot with data analytics sites

00:13:00 Version 3.20 vote is ongoing — POL vote coming soon!

00:15:00 Will auto-claiming bond yield through optional THORName affiliate collector payouts make it into 3.21?

00:16:00 Over-solvency explained

00:17:00 Treasury discussion

00:18:00 What is the future purpose of the treasury?

00:21:00 THORChain conference

00:23:00 Reserve emission curve and over-solvency — ensuring block rewards continue to be paid

00:28:00 Economic Mimir for the emission curve?

00:31:00 Voting on the POL percentage

00:32:00 ADR 29 passed!!!

00:33:00 SwapKit is very excited

00:36:00 CCL on the App Layer could help THORChain operate more efficiently

00:39:00 When will the App Layer restart?

00:41:00 The debt of the United States

00:46:00 TSS library: Open source, closed source, or something in between?

00:48:00 An ADR to ask nodes what they think about the TSS library?

00:50:00 Kenton wants it to be open source

00:52:00 A three-month delay before open-sourcing?

00:56:00 A closed-to-open-source ADR could be a healthy development

00:59:00 What if Chad B were forced by Big Brother?

01:02:00 Maya exploit discussion

01:07:00 God saves the hardest battles for the toughest warriors

01:08:00 We're going to come out ahead

01:11:00 XMR is coming — lots of hard work!

01:12:00 TAO/Bittensor is slated for 3.21, followed by Dash

01:15:00 LP pause and resume question

01:18:00 Lessons learned from DeFi over the years

01:21:00 We are here for the mission

01:25:00 Possible partnerships to create additional revenue streams for the treasury

01:27:00 Dev Fund allocation percentage

01:30:00 Burn discussion

01:35:00 Selling RUNE in a strong market to make capital last longer

01:38:00 Looking forward to XMR going live and getting things moving

01:40:00 Immediately market the XMR chain when it goes live

01:41:00 Call it a soft launch

In this episode, we dig deep into Dash and its most recent upgrade, along with THORChain and the core principles that have made it a market leader to this day.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:30 Kenton marketing update

00:05:00 Joel starts speaking — introduction

00:06:00 Peter Schiff got Joel into crypto!

00:08:00 Joel decided to go all-in on crypto

00:09:00 How Joel first heard about Dash

00:11:00 Dash's recent privacy overhaul

00:14:00 The options for digital cash in the past

00:20:00 Privacy is the final boss for crypto

00:22:00 The history of privacy on Dash

00:26:00 XMR privacy modifications to make Dash even more private

00:30:00 Dash has focused on subtle improvements over the years

00:32:00 Joel has been aggressively pushing for private Dash

00:34:00 Dash has had a huge privacy overhaul over the last five months!

00:36:00 Dash privacy will be optional and opt-in

00:38:00 The issues with privacy by default

00:44:00 How inbound transactions work with DEXs and the risks of external chains

00:45:00 Dash has instant finality through masternodes

00:47:00 Why reorgs cannot happen with Dash

00:50:00 Does supporting instant finality give DEXs an advantage?

00:51:00 Instant finality is essential for point-of-sale

00:55:00 Kenton: We've come very far, but fast transaction speeds are coming

00:59:00 How long does it take to swap or use Shielded Dash?

01:04:00 Maya Intents system?

01:14:00 Block time discussion and comparisons

01:18:00 Instant finality is a must!

01:22:00 Dash has two separate systems with redundancies

01:26:00 Bitcoin dunk: They're trying to achieve instant finality with Lightning

01:31:00 Blockchain must be on par with traditional systems

01:34:00 Are there any controversial things happening with THORChain?

01:36:00 THORChain is the true DEX

01:41:00 The market has to reward THORChain's principles and ethos

01:44:00 Chad Barraford shout-out — doing a great job driving innovation

01:47:00 The movement toward permissionless economic infrastructure is very real

01:49:00 We are currently guilty until proven innocent

01:57:00 Kenton: We must compete on all levels

02:00:00 Free stablecoin swaps could be a huge use case

02:05:00 Privacy coins have a huge market fit

02:09:00 Nobody knows about THORChain — yet

02:13:00 Joel can't swap his XMR for Dash — he needs THORChain

02:17:00 Permissioned solvers mean censorship

02:21:00 The pioneer dichotomy

02:23:00 Elon as an example of being decisive

02:28:00 Kenton is not worried about competition — many competitors are subsidized

02:33:00 DashCon discussion

02:37:00 Warfare, blockchain, and why THORChain matters

02:43:00 Joel: Aggressively pursue wallet integrations when XMR goes live

02:47:00 Closing

In this episode, we discuss FROST, DKLS, GG20, the TOR Anchor vote, dynamic fees, and the latest protocol updates. Oleg from SwapKit also joins to talk about revenue sharing, external volume, and how SwapKit data could help improve THORChain.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:01:00 Intro

00:02:00 New name for STO?

00:04:00 A cheaper interface removed from THORChain branding?

00:05:00 We can create multiple STO clones

00:06:00 STO update

00:07:00 High rankings on AI sites and new Discord support channels

00:10:00 Version 3.20 update!

00:12:00 Recent block-time issues

00:14:00 DEXs should look out for each other

00:20:00 LayerZero exploit and the previous Space

00:22:00 What is FROST TSS?

00:25:00 Identifiable aborts explained

00:27:00 Work continues on adding FROST TSS and DKLS

00:30:00 Should we use multiple cryptographies?

00:32:00 How difficult would it be to build FROST from scratch?

00:34:00 TOR Anchor Mimir

00:37:00 A required voting system?

00:41:00 THORChain has one of the best governance mechanisms in blockchain

00:43:00 What do we use TOR for now that THORFi is gone?

00:47:00 Nodes: Double-check your notes! ADR 29 transition

00:49:00 How will SwapKit track revenue?

00:51:00 If it works, great! If it doesn't, we can turn it off

00:53:00 SwapKit is excited about this — a win-win!

00:55:00 The goal is to bring in more external volume

00:56:00 What should the starting value for revenue sharing be?

00:58:00 Dynamic fee update

01:00:00 Oleg from SwapKit joins!

01:02:00 SwapKit revenue-sharing discussion

01:05:00 Chad B asks about SwapKit quotes versus competitors

01:07:00 Kenton asks about the relationship between spreads and fees

01:09:00 Revenue sharing creates mutual benefits for THORChain and SwapKit

01:10:00 SwapKit's implementation design

01:14:00 Oleg: THORChain's TRON integration is great because there is no activation fee

01:16:00 Nodes: Reach out to Oleg if you have any issues

01:17:00 Chad asks if SwapKit is interested in the dynamic fee design

01:21:00 Oleg: Can SwapKit provide data to help the protocol decide which pools to deepen?

01:25:00 Chad B would love data from SwapKit to help improve THORChain

01:26:00 Boone's treasury proposal could be modified to align with SwapKit's goals

01:30:00 Denny talks about his Space with Dash and Joel

01:32:00 Monero update

01:34:00 Churns become more fragile as more chains are added — can we remove churns?

01:35:00 Could we reach one-week churn frequency?

01:38:00 "Reshare mechanism" to improve security

01:40:00 XMR Layer 1 swaps and the 10-block time freeze

01:44:00 Chad B: Should THORChain build in privacy?

01:50:00 How would it be built?

01:55:00 Is the ROI there?

02:02:00 Finality

David from MorpheusAI gives an overview of the Morpheus platform, how it works, the role of AI infrastructure, and the opportunities and challenges facing decentralized AI.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Kenton update

00:03:00 David's introduction

00:05:00 AI needs decentralization and ownership!

00:07:00 Erik Voorhees agreed and helped bootstrap the Morpheus community

00:08:00 Biden administration tried to make "math" illegal

00:09:00 The progress we've made over the last three years is incredible

00:10:00 Morpheus and Venice complement each other

00:13:00 Morpheus is a marketplace and routing system that makes it cheaper for customers

00:14:00 There is no DAO, no premine — nothing. Morpheus is fully decentralized

00:15:00 You can add GPUs to the network and others can use them

00:16:00 Why did the world choose Linux over Microsoft and Apple? No license fee!

00:18:00 Are there any other competitors? Bittensor maybe?

00:20:00 Morpheus is a platform of smart agents

00:23:00 What does the $MOR token do and how does it work?

00:25:00 $MOR makes payments easy through batching

00:28:00 Why wouldn't I run models locally?

00:35:00 Morpheus screen share

00:42:00 Making it easier to use is crucial

00:44:00 Morpheus is growing exponentially

00:46:00 Running locally with Morpheus is private

00:47:00 AGI means your own agent is making money

00:49:00 Kenton: I need to get an agent — how do we get started?

00:50:00 https://installopenclaw.xyz/

00:53:00 "Old RAM" is a bottleneck

00:56:00 Decentralization is harder, but it is WORTH it!

01:01:00 Are regulators helping hijack crypto back to TradFi? Are we going to win?

01:07:00 I am a freedom maximalist

01:09:00 Decentralization for the win (Kenton)

01:11:00 DEXs are the best for agents

01:13:00 Agents First live share

01:14:00 Kenton: Don't mess around

01:15:00 Moore's Law is equivalent to AI agents — rapid increases in capability

01:15:00 Where can you get $MOR?

01:19:00 Are we AI agents?

01:21:00 David: I want my AI agent to be a version of me

01:25:00 Scams are tolerated online because of ad revenue

01:27:00 These companies make lots of money from your data through "free" services

01:29:00 How do you buy $MOR?

01:30:00 There is an ERC-20, Base, and Arbitrum option

01:32:00 Is Chad using $MOR?

01:35:00 Asia is super excited for Morpheus

In this episode, Hans and PragmaticMonkey give us a Rujira update on what has been done, what they are working on, and what to expect.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Kenton update

00:04:00 Hans starts and expresses thanks for the ADR 31 result

00:05:00 Recap of the history

00:07:00 Market makers and perpetuals

00:12:00 Perpetuals breakdown and Dynamic Concentrated Liquidity (DCL)

00:15:00 Delta-neutral package

00:17:00 PragmaticMonkey talks about bootstrapping the perpetuals market

00:22:00 Why is the reserve involved in revenue generation?

00:23:00 Status of the new stablecoin launch

00:26:00 Exportable stablecoin

00:32:00 Slow block times recently — do we know the cause?

00:35:00 Hans leaves

00:36:00 Order book screen share

00:40:00 Automated order book explained

00:43:00 Spread ratio explanation

00:47:00 Custom Concentrated Liquidity will add much more utility

00:49:00 COSMWASM MinBPS slip impact

00:55:00 RujiTrade arbitrage revenue metrics

01:00:00 Unique user index is increasing

01:01:00 CCL is the best way to attract new users

01:03:00 You can copy the strategies of other users

01:07:00 Sophisticated users will always refine their strategies

01:12:00 Are there plans to integrate tools into third-party systems?

01:14:00 Kenton: We should have one API

01:18:00 We are working together on this

01:19:00 POL DAO is being developed

01:22:00 AutoRujira update

01:25:00 Main differences between CCL and DCL

01:28:00 Getting more assets on THORChain is important

01:32:00 PragmaticMonkey's thoughts on the sudden end of Kujira

01:36:00 We are part of the same community

01:40:00 Merger discussion

01:43:00 How are the developer finances looking?

01:44:00 When is the next community gathering?

BubbiByte joins the podcast to discuss why depouch was built, the importance of simplicity, direct THORChain integrations, memoless swaps, decentralization, censorship, and the future of permissionless crypto.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:04:00 BubbiByte begins

00:09:00 Why depouch was created

00:12:00 THORChain feels like the early days of crypto

00:13:00 The first principles of our community

00:14:00 Our ecosystem is special and unique

00:15:00 depouch was created with the goal of being simple and reliable

00:19:00 Creating the simplest and most reliable user experience

00:24:00 Kenton: The aggregator should support all pathways

00:28:00 Was it easy to directly integrate THORChain?

00:30:00 Direct integrations are preferable to APIs

00:32:00 depouch's marketing approach

00:33:00 It's much easier to build financial products in crypto

00:38:00 Marketing strategy: Search-term-based video content

00:39:00 Flagged address filtering is unavoidable

00:42:00 More interfaces are a net positive for the protocol

00:44:00 Let's get the word out about depouch

00:45:00 Do you support memoless swaps? (Coming soon)

00:46:00 Boone shout-out

00:47:00 App Layer support?

00:50:00 How do you make the interface as simple as possible?

00:53:00 depouch screen share

00:56:00 Slippage and "price protection" explained on STO

01:01:00 "THORChain and Maya Protocol are decentralized—other DEXs are not"

01:02:00 We must stand firm on our principles

01:06:00 Decentralized stablecoins are like perpetual motion (Kenton)

01:07:00 What is actually a DEX?

01:10:00 Is there anything else you'd like to mention?

01:15:00 Censorship concerns across Europe

01:18:00 Tyranny has been the norm

01:20:00 Is THORChain a PEX (Permissionless Exchange)?

In this episode, we discuss POL and how it will be distributed, a potential upcoming Bitcoin fork, a Monero update, ADR29, ADR31, AI tooling, and much more.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Marketing update

00:04:00 Need to create a new support ticket module. Trezor support added!

00:06:00 The three things needed to be listed on an index

00:08:00 Using AI to find scam sites

00:11:00 Chad starts — version 3.20 is being tested

00:12:00 Chad B started a code change to add a new asset to THORChain without a churn

00:14:00 Adding more chains leads to greater complexity

00:16:00 How can we add a new chain without churning?

00:17:00 How complex is it to add this capability?

00:18:00 Does a churn affect the timing of adding a new asset?

00:20:00 Audience question: How are new assets prioritized for THORChain?

00:22:00 StarSquid wants to add many more chains

00:23:00 AI compatibility with THORChain discussion

00:27:00 Community coding competition to add AI utility?

00:28:00 Dynamic fee discussion

00:30:00 Results from ShapeShift

00:31:00 COSMWASMMINBPS = 0 — arbitrage performance discussion

00:34:00 POL question: What gets funded first?

00:35:00 POL currently only purchases base gas assets

00:37:00 Stablecoins require a node vote

00:39:00 How will the protocol allocate funds — every churn or another method?

00:42:00 Bitcoin may go through two forks — how do we handle them?

00:44:00 Is it worth it? Sounds complicated!

00:46:00 Should liquidity from a new Bitcoin fork go to the treasury or POL?

00:52:00 There may be two separate Bitcoin forks!

00:56:00 Huginn update — network monitoring

01:00:00 New Huginn model

01:03:00 Opus 5 outperforms Fable on some benchmarks — AI models are becoming much more sophisticated

01:05:00 OpenAI and Anthropic may lose their moat as AI becomes a commodity

01:08:00 THORChain does not run on hopium

01:09:00 XMR discussion

01:11:00 XMR nuance — funds cannot be spent for 20 minutes

01:13:00 How does the 20-minute XMR delay affect high swap volume?

01:16:00 XMR backlog discussion

01:20:00 Hopefully only two more churns before XMR

01:23:00 We will set the price for XMR

01:26:00 ADR 29, TOR Anchors, and revenue sharing breakdown

01:30:00 It's an experiment — we're not sure if it will work!

In this episode, we're joined by Daniel, one of the key contributors behind Pirate Chain, one of the most privacy-focused cryptocurrencies in the space. We dive into how Pirate Chain was created, why privacy matters, what makes its zero-knowledge technology different from projects like Monero and Zcash

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Kenton update

00:04:00 Getting THORChain on an index list

00:05:00 Daniel introduction

00:08:00 When Daniel discovered Pirate Chain

00:11:00 The cool thing about crypto—it evolves naturally

00:14:00 What got you into Pirate Chain?

00:16:00 Pirate Chain had a fair launch

00:17:00 I am not a maxi

00:19:00 Pirate Chain uses zero-knowledge proofs by default. How does it differ from Monero and Zcash?

00:22:00 Pirate Chain's block explorer reveals no transaction information

00:24:00 Monero is in the process of moving toward zero-knowledge proofs

00:25:00 Can Pirate Chain be audited?

00:26:00 Pirate Chain is adding Zcash's Ironwood upgrade for cryptographic inflation auditing

00:28:00 Zcash inflation bug discussion—no evidence it was exploited

00:30:00 Pirate Chain had not launched its Orchard pool, so it was unaffected

00:31:00 How do the pools work?

00:33:00 Ironwood will be a major upgrade by making inflation detectable

00:35:00 Shout-out to Amy!

00:36:00 What is Pirate Chain's roadmap after Ironwood?

00:38:00 Syncing takes a while on a privacy blockchain

00:40:00 Community proposals: A finality layer for additional security

00:43:00 Komodo discussion

00:44:00 XMR came very close to a devastating 51% attack

00:46:00 Point-of-sale discussion

00:47:00 How does governance work on Pirate Chain?

00:49:00 Decentralization is great for security but difficult for governance

00:50:00 Back to the point-of-sale discussion

00:54:00 UX/UI is extremely important

00:57:00 Major stablecoins are CBDCs

00:59:00 Which exchanges support Pirate Chain? MEXC, CoinEx, Gate, SafeTrade

01:01:00 Pirate Chain is interested in getting listed on DEXs

01:02:00 Daniel loves STO!

01:03:00 Getting Pirate Chain on THORChain and the history of THORChain's ethos

01:05:00 THORChain has a renewed spirit

01:07:00 Big Brother discussion—THORChain does not obfuscate anything

01:08:00 THORChain is safe, unlike Tornado Cash and Samurai, which collect fees

01:10:00 Getting as many people as possible to use this technology

01:12:00 We are on the same team

01:13:00 The process of getting listed on THORChain

01:19:00 Price execution efficiency

01:21:00 Streaming Swaps and Rapid Swaps explained

01:23:00 Pirate Chain hardware requirements

01:24:00 RPC endpoint for Solana

01:26:00 Call for donations

01:27:00 piratechain.com/crowdfunding

01:28:00 Donated funds are audited

01:31:00 MEXC is the greatest source of liquidity

01:35:00 Closing remarks

In this episode, we break down two governance proposals currently up for vote (ADR 29 and ADR 31), dive into revenue sharing and dynamic fees, and cover the latest updates across several upcoming chains.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Miradex shoutout

00:05:00 Marketing update

00:09:00 XMR publication strategy

00:10:00 Chad met someone with close ties to Trezor

00:11:00 Robinhood made its platform available for AI agents

00:12:00 AI compatibility with STO

00:13:00 Chad B talks about the conference

00:14:00 Chad B has someone who wants to meet Kenton for a documentary

00:17:00 THORDex.io may be a scam — be careful

00:19:00 THORWallet won a patent case over the THORChain brand

00:21:00 ADR 29 discussion (revenue sharing)

00:22:00 Some integrators prefer revenue sharing over affiliate fees

00:25:00 SwapKit revenue sharing looks promising and could drive more volume

00:27:00 More integration tools will make Randy's BD role easier

00:28:00 44 new partners want widget/API access

00:31:00 Analytics tab is ready for integrators to track generated revenue

00:33:00 Why API access is whitelisted

00:34:00 Integrators can run their own infrastructure instead of using the API

00:35:00 ADR 31 discussion

00:36:00 Formalizing the relationship helps integrators build a roadmap

00:37:00 Kenton explains why he changed his opinion on the app layer since ADR 20

00:39:00 Permissioned access is more secure

00:40:00 Merger discussion

00:43:00 Why merging would be complicated

00:45:00 The power of collaboration

00:54:00 When will the protocol return to normal?

00:55:00 XMR update — lots of edge cases and fixes

00:56:00 When is Zcash coming?

00:57:00 Once churn is working, Zcash can be added

00:58:00 Bittensor (TAO) update

01:00:00 Dynamic fee update — Symbiosis was disabled due to a bug

01:02:00 Screen share of Rayyk's affiliate page

01:04:00 90% of generated fees came from revenue sharing — huge volume increase

01:06:00 THORChain is performing much better with dynamic fees

01:07:00 Promising initial data

01:09:00 THORChain vs. Chainflip pool price comparison

01:11:00 App Layer design to improve price execution

01:14:00 Great job, Chad!

01:18:00 Signal vs. noise considerations with revenue sharing

01:20:00 SwapKit partnership could be much more effective

01:23:00 It will also drive more volume for SwapKit

01:27:00 Start simple and keep the variables limited

01:29:00 Deepen the Tron.USDT pool? (POL?)

01:31:00 How have Rapid Swaps been performing? Are we ready for version 3?

01:37:00 Devel's proposal and its synergy with dynamic fees

01:39:00 MEV concerns

01:43:00 A tip mechanism may address MEV concerns

01:49:00 Let's finish our current ADRs

01:52:00 Maximum effective bond — increase to 2 million?

01:54:00 Multi-node operators vs. single-node operators with a single vault

01:57:00 When can integrators expect revenue sharing?

02:00:00 Revenue sharing presents a lot of opportunity

02:04:00 AI agents and revenue sharing

02:06:00 Separate STO API interface for AI agents using JSON

In this podcast, Jandevman gives us an overview of what they do at Liquidy, how the project originated, and how they ended up building on THORChain.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Kenton update — Keplr should be working! More integrations are coming!

00:03:00 Affiliate page widget is ready for testing

00:04:00 Air Canada story

00:06:00 Jandevman introduction

00:10:00 What was so different about Kujira that attracted you to it?

00:13:00 Jandevman rebuilt everything from scratch

00:16:00 Treasury discussion — what were the assets?

00:17:00 What was MantaDAO?

00:19:00 Website walkthrough

00:21:00 Valuation breakdown — comparing Liquidy to TradFi

00:23:00 Kenton explains NAV and asks about redemptions

00:24:00 Financial reports and analytics breakdown

00:26:00 Expense breakdown

00:27:00 Revenue sources

00:29:00 Governance process breakdown

00:30:00 Simple majority or supermajority?

00:31:00 Veto power through a multisig

00:32:00 Bonk comparison

00:36:00 Raising external capital?

00:38:00 Growing the treasury

00:39:00 How does market making work?

00:43:00 Why isn't the LQDY token on the base layer?

00:45:00 How many wallets support secured assets?

00:47:00 Which other wallets should support secured assets?

00:48:00 What other financial primitives will LQDY be involved in?

00:52:00 Will LQDY get involved in lending?

00:55:00 What other assets will be acquired?

00:56:00 What about Auto Rujira?

00:57:00 Liquidity swap router breakdown

00:59:00 What's the difference between the swap router on Rujira and LQDY?

01:02:00 Comparing different liquidity pools

01:07:00 Will redacted functionality be available?

01:09:00 bRUNE breakdown

01:11:00 What is a good APY for users?

01:13:00 Will STO use the LQDY API?

01:15:00 Is there anything else you'd like to add?

01:18:00 Transparency discussion

01:19:00 Proposal discussion

01:22:00 Everything is on-chain

01:27:00 Thoughts on inflation

01:30:00 The model is beautifully simple

01:33:00 We need to do this again!

01:34:00 Conclusion

In this episode, the main conversation revolved around the limit order proposal, how it works, and its impact on arbitrage bots and Rujira.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:04:00 Kenton starts

00:11:00 Volume is great!

00:13:00 Devel introduction

00:15:00 How did you hear about THORChain, Devel?

00:18:00 Why did you become a node operator as well as an arbitrageur?

00:20:00 It's been a long-standing belief that arbitrageurs are parasitic

00:23:00 Ratio between swap volume and arbitrage volume

00:25:00 Arbitrage volume is around 63% — does this mean THORChain is efficient?

00:27:00 Will Monero have a significant price discrepancy?

00:32:00 Could XMR become the XY curve of THORChain?

00:33:00 Devel's proposal: A new type of order to improve quotes and turn arbitrageurs into market makers

00:35:00 If the system works: Faster swaps, bigger swaps, and better price execution

00:37:00 They are not limit orders — they are limit swaps

00:38:00 Screen share

00:42:00 Devel explains the difference between limit orders and limit swaps

00:46:00 I want to achieve an improved quote endpoint

00:55:00 Chocolate bar

01:05:00 Boone and Devel join

01:06:00 Devel continues the conversation

01:13:00 Is this proposal additive or a replacement?

01:18:00 Devel continues breaking down the structure of his proposal

01:24:00 Boone adds clarity

01:28:00 Kenton asks about market making with exploited funds

01:34:00 Would this complement or compete with Rujira?

01:37:00 Boone: This does not conflict with the app layer

01:41:00 Clarifying Rujira's design versus Devel's base-layer proposal

01:47:00 Boone's maker/taker fee split idea

01:50:00 Devel is currently helping improve node operator operations

01:53:00 Quality-of-life improvements for new node operators

01:57:00 Dynamic fees and the boone.tools highlight

02:02:00 KPI dashboard for global volume

02:06:00 Quick XMR update (Boone)

In this episode, Denny and paaao discuss everything about Vultisig: what it is, its token, future plans, and much more.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Paaao starts

00:04:00 What is Vultisig?

00:05:00 37 chains supported — Vultisig was born from THORChain MPC/TSS technology

00:06:00 Every Vultisig user is a mini THORChain ecosystem

00:08:00 When will we have a proper referral fee on all swaps, not just THORChain?

00:12:00 What API is used? Is it OpenOcean for Solana meme coins?

00:13:00 Is there an MEV component?

00:14:00 How are swaps routed for maximum efficiency?

00:17:00 How is Vultisig positioned to take advantage of everything that's coming?

00:19:00 bRUNE support and the acquisition of Station Wallet

00:20:00 Station is being converted into a fully agentic wallet!

00:21:00 CCL on Rujira makes a great case for agentic use

00:23:00 As soon as THORChain came back, people started swapping again

00:25:00 MiCA consequences — people fleeing to self-custody

00:26:00 How do we capture these users?

00:28:00 Help us connect to communities, THORChads! Private keys are toxic!

00:30:00 We have a sophisticated SDK that we are hardening — Hermes Agent

00:31:00 Your agent can interact with other agents

00:33:00 Vultisig is a return to proper self-custody

00:35:00 Vultisig is building for the future

00:38:00 Our goal is to make the wallet super easy — please let us know what can be improved!

00:39:00 Self-hosting a Vultisig server could be powerful for businesses

00:42:00 Could the VULT token become a universal in-app gas token?

00:43:00 We'd need more centralized accounting — interesting idea

00:45:00 We don't want to mix AI with wallet setup to reduce attack vectors

00:47:00 Everyone can use Vultisig however they want, but self-hosting means maintaining your own app

00:47:30 Vultisig Marketplace — developers can create automations

00:48:00 For the first time, you can use custodial infrastructure to DCA through automated workflows

00:49:00 We are focusing primarily on the agentic side rather than the marketplace

00:51:00 Fee percentage question

00:52:00 Is Vultisig hiring?

00:53:00 Everyone is welcome to join Discord and open a PR, but we're not hiring full-time

00:54:00 How safe are AI agents with Vultisig?

00:55:00 We are focused on guardrails and multiple security layers for AI agents

00:57:00 AI agents have been our biggest challenge

00:58:00 Finding the balance between AI capabilities and guardrails is difficult

01:00:00 Rujira support is coming soon!

01:01:00 What makes you so excited about Rujira?

01:02:00 Paaao loves lending, borrowing, and the liquidation engine

01:03:00 The cross-chain capabilities are truly unique

01:04:00 The connection between Rujira and Vultisig

01:06:00 When XMR? Paaao: We're exploring how to add it

01:08:00 MPC cryptography is difficult because we use DKLS

01:09:00 MiCA regulations complicate the situation

01:11:00 Is there anything else you'd like to talk about?

01:12:00 Shout-out to the OGs: Try Vultisig again! It's changed a lot — send us feedback!

01:13:00 Shared vaults for families, trust funds, and much more

01:14:00 We want to improve communication — app releases every week

01:16:00 Quai recommendation

01:17:00 THORChain is a cockroach!

In this episode, we provide a short business development update, cover the team dynamics between Maya and THORChain, discuss how to streamline and improve the ADR process, and finish off with a short Moca update.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Randy BD update: ShapeShift and Symbiosis

00:07:00 Aaluxx breaks down how Maya Protocol and THORChain devs are allocated

00:10:00 Some work is shared between protocols

00:11:00 Was Maya Protocol affected by the same exploit as THORChain?

00:16:00 Learning opportunities from the exploit

00:18:00 Aaluxx talks about the moment the exploit happened

00:22:00 Version 3.20 will be pushed early — meeting tomorrow

00:25:00 Zcash update: Timeline?

00:29:00 Eric asks how all the developers coordinate

00:32:00 Anyone can contribute to GitLab

00:33:00 What did the devs do during the slow moments around Step 5?

00:36:00 What can we do to improve the ADR process?

00:39:00 ADR system design discussion

00:42:00 ADRs should not be gatekept

00:43:00 Everyone is working as hard as possible — bandwidth is tight

00:44:00 ADR numbers could be granted through Make Relay

00:45:00 You do not need an ADR to submit code to GitLab

00:47:00 Anything else you'd like to mention, Aaluxx?

00:48:00 "I am not a developer" — Aaluxx

00:51:00 MOCA going live by next Monday?

In this episode, we talk about DEX aggregation with Nikita and Flynn, who showcase BazaarSwap and everything they have built.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Kenton update

00:04:00 Flynn introduction

00:05:00 Flynn came into crypto looking for privacy and better ways to manage money

00:06:00 Nikita starts

00:08:00 Nikita talks about the difficulties of crypto and simplifying the experience

00:09:00 BazaarSwap talks about the convenience of their DEX aggregator

00:12:00 BazaarSwap screen share begins

00:14:00 BazaarSwap demonstration

00:16:00 Rate comparison and accuracy

00:18:00 Axelar wrapped asset rugging event

00:20:00 Swap execution metrics

00:21:00 Nikita talks about the benefits of DEX aggregator unification with AI

00:25:00 Monero is supported and will be ready

00:27:00 TON discussion and gold derivatives

00:29:00 Wallet support for TON

00:31:00 Nikita: More pathways are coming

00:33:00 We are excited about TON because of all the possible connections and momentum from recent announcements

00:34:00 Telegram is the #1 place for crypto because it has a built-in wallet

00:36:00 Do you track quote accuracy and execution?

00:38:00 Nikita: We try to provide multiple metrics for users

00:40:00 Nikita says he has worked on many products, and there has always been some degree of price differential

00:41:00 ETH to BTC swap

00:44:00 When THORChain adds TON, many new possibilities open up

00:46:00 Multiple execution parameters for swappers (cheapest, fastest, etc.)

00:48:00 THORChain is superior to everything else out there

00:49:00 Why did we choose to integrate THORChain? They maintained the ethos!

00:53:00 THORChain is more optimized for handling large swaps

01:00:00 Swap logic breakdown: liquidity versus the router

01:03:00 THORChain explanation

01:05:00 How do you get into crypto from fiat?

01:07:00 Rujira capabilities discussion

01:11:00 Price oracle exploit discussion and comparison on BazaarSwap

01:16:00 There are lots of shady things going on

01:17:00 You have no way of knowing if brokers are doing shady things

01:18:00 Kenton: Is your slippage related to price impact?

01:23:00 XMR demonstration was done on his birthday

01:26:00 OpenUSD is the next attempt at a CBDC

01:28:00 There is a competition right now to capture the infrastructure

01:32:00 Latest information on the Clarity Act

01:37:00 Privacy is not the default on THORChain, but obfuscation is impossible

01:39:00 THORChain is decentralized and permissionless

01:42:00 THORChain is the solution

01:50:00 Nikita's final thoughts

01:51:00 Kenton outro

01:52:00 Is there a token related to BazaarSwap?

01:54:00 Fees? (They do not charge additional fees; it varies by provider.)

01:59:00 What Flynn loves about THORChain

In this episode, we provide updates on biz dev, revenue sharing, free stable swaps, and Monero, as well as a strategy to onboard TradFi.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Randy's update

00:04:00 Randy wants to know who we should integrate! Let him know!

00:05:00 New ERC-20 pools are coming!

00:08:00 Chad starts. Dynamic fee model is live for Symbiosis

00:09:00 Symbiosis UI bug!

00:10:00 Monitoring the code to make sure the behavior and results are what we intended

00:13:00 New BPS idea for price execution

00:15:00 Chad will methodically go through every integration to identify optimizations

00:18:00 We are ready to look for another interface to test it on

00:19:00 XMR update: We broke some things when patching Serai code

00:20:00 Churning has been struggling, so we haven't added Zcash

00:22:00 We could generate a Zcash address with the pubkey!

00:24:00 Would being in the middle of a churn affect our ability to add a chain?

00:25:00 Update on opt-in chain clients

00:26:00 3.19.4 timeframe so XMR can get added?

00:28:00 Audience question: AI/THORKit package to run a node

00:32:00 AI alerting tools

00:36:00 Randy: Super excited for AI agents interacting with THORChain

00:38:00 CEXs are done when it comes to AI agents and can't compete!

00:40:00 Chad B is interested in helping projects add AI agent utility

00:42:00 Randy: EU euro (stable-to-stable) swap volume potential

00:44:00 THORChain's permissionless ethos will win

00:46:00 Revenue share discussion — where do we stand?

00:48:00 We will make integrators more competitive with revenue sharing!

00:53:00 Bittensor subnet AI model capability?

00:59:00 Chad's list of upcoming features

01:02:00 POL Economic Mimir needs to be changed to Operational

01:05:00 Randy: How do I get TradFi to use THORChain?

01:07:00 Randy: We must maintain the moat of our ethos

01:09:00 Chad B: We are the DeFi OGs. Erik Voorhees' ethos with Venice is just like THORChain

01:13:00 We will never surrender the moat of our ethos

01:15:00 Stocks on THORChain?

01:18:00 XMR update

01:22:00 XMR will be the most consequential chain client

Since we had a technical problem with Amir, Boone joined the podcast and discussed ADR 29.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

In this episode, we provide a marketing update, discuss AI & energy consumption, and finish with a discussion on protocol-owned liquidity.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:05:00 Marketing update

00:07:00 Reach out to communities about adding ERC-20s? Easy to do!

00:08:00 Working on Keplr Wallet

00:09:00 Platform to hire KOLs

00:11:00 KOL platform breakdown

00:13:00 Chad B: May be a bot dream

00:15:00 KOL drama

00:19:00 Forewarning for drama

00:20:00 Chad's talk about Monerotopia

00:23:00 Someone who is into XMR will probably understand the mission

00:27:00 Chad B: The attack we suffered is very hard to recover from — but we have!

00:29:00 New version is coming! Fix for Solana so we can churn and XMR

00:32:00 Kenton: The cynical view doesn't make sense

00:33:00 Failure should be expected

00:34:00 TSS will be open-sourced, probably mid-July

00:36:00 Huginn's code auditing is surprisingly good

00:37:00 Moving to DKLS is a priority

00:39:00 The idea is to move to FROST and DKLS

00:41:00 How we would transition cryptographies

00:43:00 We need to find a new version of FROST if we want to add it to THORChain

00:44:00 Multisig on each vault — combining cryptographies. Still entertaining that idea?

00:47:00 DKLS would be first if any changes were going to be made

00:48:00 Question: Can we add AI payment rails and support for precious metal derivatives?

00:51:00 agentsfirst.dev analytics breakdown

00:57:00 Delegation is so hard for startups

00:59:00 These days are still early for AI

01:01:00 Will AI be a bunch of specialist models or a more general model?

01:04:00 Energy consumption versus efficiency of AI

01:06:00 Chad B is bullish when it comes to increased electricity usage

01:09:00 Energy scale is beyond comprehension

01:13:00 Life arose so quickly when Earth was formed

01:17:00 Planet talk — geeking out

01:21:00 Bringing it back to THORChain, THORChain is a good foundation for a better system

01:23:00 When XMR goes live, Kenton will wait about a month before really pushing it out

01:26:00 What happens post-churn when it comes to POL?

01:30:00 Kenton acknowledges Boone for getting the math incorrect

01:33:00 Boone joins and says it is Economic Mimir

01:34:00 Increasing BPs fee is probably the move (Boone)

01:36:00 Kenton gives the case for POL advantages

01:37:00 Kenton floats 25% to POL

01:39:00 POL is a burn, technically

01:42:00 Burn conversation regarding sell pressure

01:46:00 POL conversation continues

01:49:00 POL is an asset, not a liability

01:52:00 New hat!!

01:53:00 POL pitch

01:56:00 POL also buys and burns their asset too

01:58:00 Per-asset minBPS idea (Boone)

02:02:00 Anything else? Direct ERC-20 memoless, TAO 3.20

02:03:00 Reserve hard cap discussion

02:06:00 Reserve income and dispersed

xolosArmy is a decentralized community and project built around eCash (XEC) cryptocurrency.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:05:00 Diving talk

00:07:00 Getting on THORChain — what it takes

00:12:00 When you are on THORChain, you have access to the most wallets — hundreds of millions!

00:14:00 Only have a token on THORChain?

00:16:00 What would happen if THORChain was the central point of liquidity?

00:21:00 Fernando starts

00:22:00 Fiat is an instrument of control — BTC solved this

00:24:00 Use THORChain for sovereign liquidity and add connections to the rest of the world

00:25:00 Fork of Bitcoin Cash

00:26:00 We have instant finality — sub-second

00:27:00 Our tech is deterministic from beginning to end

00:29:00 XolosArmy is a project working on eCash — they want to bring the ethos of BCH to eCash

00:31:00 THORChain is much better than CEXs

00:32:00 eCash is a fork of BCH

00:34:00 eCash is not a stablecoin

00:37:00 eCash screen share

00:40:00 Throughput of eCash?

00:43:00 Subnets discussion

00:44:00 Is eCash similar to TAO when it comes to subnets?

00:46:00 eCash subnets explained

00:48:00 What is the cost of an eCash daemon?

00:51:00 What is the vision for eCash getting on THORChain?

00:54:00 We have NFTs and utilize IPFS

00:56:00 XEC can be connected to fiat

00:59:00 We have a $100 million market cap

01:00:00 StarSquid says the chain client is ready

01:01:00 Kenton explains adding liquidity to THORChain

01:04:00 More liquidity seeding discussion

01:08:00 $50k is a good target

01:09:00 Is it on chainnet?

In this episode, we provide a marketing update, followed by a brief update on the exploit. We then dive deeper into a couple of bigger topics, such as dynamic and referral fees, protocol owned liquidity.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:02:00 Marketing update

00:04:00 "KOL" talk and bang for buck

00:06:00 Getting new chains added is super important for getting brand-new users

00:09:00 New Affiliate page on swap.thorchain.org

00:11:00 Kenton is thinking the affiliate API should be permissioned

00:12:00 Chad B starts, 3.19.1 fully adopted

00:14:00 1 day, enable signing and churn

00:16:00 KeyVerify talk — when should we move on if it doesn't work?

00:17:00 KeyVerify will be disabled after this moment

00:18:00 Kenton asks about the exact order of turning things back on

00:20:00 THORChain is decentralized — it's obvious

00:21:00 Nodes had to do a lot of steps with developers

00:23:00 AI made this so much faster for us

00:24:00 Over time, we will have a more professional node operator base

00:26:00 Devs have been working nonstop on separate issues

00:27:00 Post-mortem is coming, hopefully within 2–3 weeks

00:29:00 We do a very good job being public, but that is often used against us

00:30:00 When we get going again, we will be testing the dynamic fee model with select partners

00:31:00 Applies to all THORNames

00:34:00 Chad says he is not sure who is correct on dynamic fees

00:37:00 Start simple and tweak it as we get more info

00:39:00 Kenton: It should be obvious

00:40:00 SwapKit rev-share program discussion

00:45:00 Stable-to-stable swaps should be neutral but result in more volume

00:46:00 Kenton: Stablecoin idea should be great

00:48:00 Denny: Stable-to-stable will be amazing for point-of-sale applications

00:50:00 Kenton: Dynamic fees may be really helpful for direct integrations

00:51:00 These features are bound to "click" with partners

00:54:00 Lots of exciting things are coming!

00:55:00 XMR testing update: Going well!

00:56:00 Huginn update: Pointed it at Serai

00:57:00 Monero may be coming within 1–2 months

00:59:00 XMR actually works!!

01:01:00 RUNE question from the audience about governance

01:03:00 Kenton breaks down liquidity pools

01:05:00 It is not hopium — THORChain has fundamentals

01:07:00 This protocol is actually real and useful

01:11:00 TON Wallet question from the audience

01:12:00 We are reaching out to everyone!

01:13:00 POL transition: Protocol-Owned Liquidity

01:14:00 Kenton thinks 25% POL is what is needed

01:18:00 Chad B: Where do you stand on POL?

01:20:00 Bull market POL could get very crazy

01:23:00 Dev fund could make much more money and the treasury could go away

01:25:00 We are moving away from a hard cap

01:27:00 Denny gives his thoughts on LPs

01:30:00 LPs withdraw when things turn around?

01:35:00 We didn't have data about AMMs when we first started

01:41:00 The scalability of THORChain in terms of liquidity and developers

01:45:00 Possible incentive pendulum tweaks

01:48:00 Price/volume graph comparison

01:53:00 Stock trading on-chain — KYC?

01:55:00 Perhaps companies will push for permissionless

01:58:00 Stocks

02:02:00 How have Maya devs been doing?

02:06:00 Outro

02:09:00 Attempt to attack Chad Barraford

Milan from NanoGPT joins Kenton and Denny to discuss his journey from central banking to building a privacy-focused AI platform powered by crypto. They explore NanoGPT's integration with THORChain, the future of AI payments, and why privacy matters in both finance and artificial intelligence.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Intro

00:03:00 Kenton update, Churn, 3.19.1

00:04:00 Marketing update, signed an agreement with Sal the Agorist and Mark Edge ASK

00:06:00 Every single person watching that show should be using THORChain

00:07:00 Milan starts, NanoGPT

00:09:00 Milan worked for the central bank

00:11:00 The central bank was anti-crypto

00:12:00 The central bank wanted a button to stop transactions and KYC and the money issuing to be in their hands

00:13:00 Why did you decide to work at a central bank

00:16:00 Kenton had a friend that worked with the Bank of Canada

00:17:00 Milan did not have a good breakup

00:19:00 Milan thought subscriptions for AI models was a terrible idea

00:20:00 An early user was Erik Voorhees

00:21:00 NanoGPT has grown to include all AI models

00:22:00 Claude pulled Fable access for everyone

00:23:00 NanoGPT is an AI aggregator, 80 providers

00:26:00 NanoGPT is the same price or cheaper

00:27:00 Kenya man used Nano for medical questions

00:28:00 Neobanks are getting shut down, do you run that risk?

00:29:00 Big providers make a loss with subscriptions — many people share a subscription

00:31:00 They know what we are doing

00:32:00 How do customers choose what AI model to use? Automatic or custom?

00:34:00 AutoModel checks what kind of question it is and decides the prompt difficulty

00:38:00 Website feature

00:42:00 CEX story of getting paused

00:43:00 Iranian linkage because of $32

00:44:00 THORChain and NanoGPT are a great partnership

00:47:00 How did the Kenya man figure out you existed?

00:48:00 NanoGPT and Venice are competitors?

In this episode, we provide a marketing update, followed by a brief update on the exploit. We then dive deeper into a couple of bigger topics, such as sectioning and censoring, followed by discussions on the Nakamoto Coefficient and decentralisation.

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:03:00 Kenton Marketing and Swap Interface Update

00:07:00 Chad gives a recovery update

00:08:00 KeyVerify has not been functional yet

00:10:00 GAIA IBC infinite mint bug was patched

00:11:00 KeyVerify is not necessary, but it's nice to be 100% safe

00:13:00 Is it a single node holding things up?

00:15:00 Ban Mimir discussion

00:18:00 Churn-out talk for nodes that are asleep at the wheel

00:19:00 How did the ban function work?

00:20:00 What if node or nodes could kick out other nodes?

00:21:00 The network will only allow 1/3rd to leave at a time

00:23:00 Badger protocol was attacked with a script on the website in the past

00:24:00 To Chad's knowledge, no one is being slashed

00:25:00 3.19.1 is coming today or tomorrow

00:27:00 Tuesday or Wednesday should be trading hopefully

00:31:00 Claude question from audience: Claude says it sees high risk of sanctions

00:32:00 AI psychosis

00:34:00 Fear-based content gets traction

00:37:00 THORChain cannot be used for money laundering

00:39:00 Who will sanction THORChain?

00:40:00 Crypto are individual nations with their own governance

00:45:00 THORChain could sanction others

00:47:00 The current economic system is definitely built to launder money

00:48:00 Sanctions are a sign the system is dying

00:51:00 Question: What if USDT froze the pools?

00:52:00 Smart contracts have been frozen

00:55:00 Game theory: If USDT goes crazy with freezing, they could get a bank run

01:00:00 Kenton: Positive articles will be coming once things calm down

01:00:00 Use tables and lists for better AI SEO—AI loves tables and lists!

01:01:00 It's expensive to sponsor content and it doesn't count towards SEO

01:03:00 Question: Can't we just ignore the unresponsive nodes?

01:04:00 Chad: When doing KeyVerify, we need 100% participation

01:05:00 Two forms of cryptography to secure the network? GG20 and DKLS?

01:09:00 Engineer in the office vs engineer in the field

01:10:00 The simpler a design, the less likely it can be attacked successfully

01:13:00 What other things are happening despite the current situation?

01:14:00 Zcash may be coming soon! And XMR!!

01:15:00 TAO is probably next. Need 3.20 first

01:16:00 THORChain is going to give people whiplash by coming back so well!

01:18:00 Still talking to Layer 1s and they still want to get listed!

01:20:00 POL: Let's make 25%

01:27:00 Question: What about burning? Are we getting rid of it?

01:31:00 RUNE is a better Bitcoin than Bitcoin

01:33:00 The winners will be determined when the crypto market gets proper saturation

01:34:00 Value is very subjective

01:35:00 Boone tries to correct Kenton's math, Kenton disagrees. NERD FIGHT!!!

01:40:00 Chad shares screen about most decentralized blockchain by Nakamoto Coefficient

01:46:00 Chad calculates THORChain's Nakamoto Coefficient

01:51:00 Deep dive into that calculation

01:58:00 Isn't THORChain the most complicated chain?

02:02:00 Mythos is out in the open with Fable 5?

02:04:00 Huginn is getting a more diverse skill set

02:06:00 Possible Serai fixes via AI

Swap now https://swap.thorchain.org/

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

0:00 Intro

0:03:00 THORChain Marketing and Protocol Update

0:07:00 Zephyr Conversation Begins

0:11:00 Zephyr Presentation Starts

0:12:00 Supported Tokens and Where the Yield Comes From

0:14:00 What Is Zephyr?

0:16:00 Why Privacy Is Important and Necessary

0:18:00 Stablecoin Rails Currently Have an Off Switch

0:19:00 The Holy Grail of Crypto: A Decentralized Yield-Bearing Stablecoin

0:20:00 LUNA Mechanics Were Bad, the Idea Was Good

0:21:00 Stablecoin Reserve Mechanics

0:23:00 Dr. Future Explains Overcollateralized Mechanics

0:25:00 How Proof-of-Work Rewards ZRS Holders

0:27:00 Proven History of Hardiness and Stability

0:29:00 Community Incentives When the Zeph Price Drops

0:32:00 ZSD: Zephyr Stable Dollar Explained

0:38:00 ZYS: Zephyr Yield Share Explained

0:45:00 How Is It Sustainable?

0:48:00 Understanding the Risk Profile

0:49:00 No Lock-Up Periods

0:50:00 ZRS: Zephyr Reserve Breakdown

1:01:00 The Four-Asset Ecosystem

1:03:00 Block Reward Breakdown

1:04:00 The Zephyr Flywheel Thesis

1:08:00 Zephyr EVM Bridge

1:13:00 Could the ERC-20 Version Be Added to THORChain?

1:15:00 Audience Question: Is the ERC-20 Version Significant Enough to Scale?

1:20:00 The Best of Both Worlds Partnering Together

1:22:00 Where Is the Outside Money Coming From?

1:23:00 How Do You Acquire Zephyr Today?

1:24:00 Wallet Support

1:24:00 Stablecoin Swaps Will Be Free on THORChain

1:27:00 THORChain Fee Structure

1:30:00 Protocol-Owned Liquidity Growth and Considerations

1:38:00 Cost to Run Zephyr

1:42:00 Let's Get It on THORChain!

1:47:00 Stablecoin Speed and Finality

1:53:00 ZephFlow.live

In this episode, we provide a marketing update, followed by a brief update on the exploit and a discussion about privacy coins. The main topics, however, were the zero-fee stablecoin discussion and the dynamics between Rujira and base layer.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

deving.zone maps the native cross-chain DeFi stack built on THORChain and powered by Rujira. Explore live pools, swap pairs, markets, projects, teams, denoms and frontends across THORChain.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this episode, the main discussion revolves around the THORChain exploit, the THORSec security team, and how they present and respond to vulnerabilities.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this episode, Alan Orwick from Quai Network explains how they built their technology and the improvements it offers compared to Bitcoin. He also discusses the differences between Quai and Qi.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this episode, the main discussion is around cryptography and different solutions that can be suitable for THORChain, followed by marketing and community discussion.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this episode, Kenton hosts Reuben, co-founder of Firo, to discuss privacy coins, the challenges they face, and the future of decentralized privacy solutions. They explore technical differences, regulatory pressures, and the importance of privacy in a surveillance-driven world.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this podcast, the main topic involved app-layer and base-layer arbitrage discussions and was finished up with future chains and upgrades to come, like Monero and revenue share.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this podcast, JP will demonstrate a native RUNE-to-Monero swap in a decentralized manner in a test environment using real assets.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

This episode is jam-packed with privacy and no-KYC solutions, covering many different tokens and their functions, but the main focus is DASH with its innovative solutions, including DASH Pay and more!

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this podcast, we started with an extensive marketing update by Kenton, followed by a Monero update and its impact on the protocol with early adopters, finishing up with the v3.18 update and other technical discussions.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this episode, we follow up with BiorLabs: no-KYC cards, a new swaps service, and CEO tips for a new co-founder on how to start a business.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this podcast, we cover a marketing update, the 3.17 upgrade, revenue share, tokenomics, Bitcoin Las Vegas, the THORChain meetup, and more!

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

In this episode, Chad and Denny focus on a permissionless and decentralized ethos after the KelpDAO hack, but also spill some alpha about partner fee motivation.

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!

THORChain is a decentralized cross-chain liquidity protocol that lets users swap assets directly between blockchains without wrapping or using centralized exchanges. Its app layer ecosystem means developers can build decentralized apps that tap directly into liquidity across chains. Unlike most platforms, it offers real ownership of your assets, deep liquidity, and fast swaps in one seamless network.

To learn more about THORChain, check out more videos:

https://www.youtube.com/watch?v=eMbeCjNJ5Eo

https://www.youtube.com/watch?v=4M_4N9-3ZUo

https://www.youtube.com/watch?v=zzHXrsaWT-w

https://www.youtube.com/watch?v=Y5v9XiXAJ7g

Swap now on THORChain https://swap.thorchain.org/ without KYC or limits!