Digital Asset Educator | Crypto Ecosystem Analyst $BTC/$ETH/$SOL/Cosmos Ecosystem Empowering financial freedom through knowledge #DYOR #DigitalAssetCorner
Cryptoverse
Joined February 2021
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CHX retweeted
Dynamic fees are working well and @Randy_Bechtold has more to share on the business development front. 👇
CHX retweeted
Another milestone reached 🚀
$15 million in trading volume since the launch of our closed beta.
You don't need billions of dollars in trading volume to create value for your liquidity providers.(In fact, it's more like the opposite.)
Much of the massive volume you see on traditional AMMs is simply LVR being extracted from LPs (meaning you).
At Ryze, our goal isn't to maximize volume.
It's to maximize the value retained by liquidity providers.
Less volume with better economics is worth far more than more volume with constant value leakage.
But as you know very well, in our ecosystem, big numbers matter, much more than creating value.
We’ve made the opposite choice, because we believe that creating value for you is the only thing that matters.🫡
CHX retweeted
Monero on THORChain isn't a promise anymore. It works.
Back on May 14, @jpthor , one of THORChain's cofounders, ran a live Monero demo on a real fund test network. Seven nodes, real money, and the first end to end decentralized $RUNE to $XMR swap executed live on the call.
Now that THORChain is back online and trading, native $XMR is next.
Recap by @raynalytics 👇
blog.thorchain.org/jp-demos-…
CHX retweeted
The $XMR integration will make @THORChain the first real, on-chain privacy DEX.
This is so much bigger than people understand.
Almost here.
Monero on THORChain isn't a promise anymore. It works.
Back on May 14, @jpthor , one of THORChain's cofounders, ran a live Monero demo on a real fund test network. Seven nodes, real money, and the first end to end decentralized $RUNE to $XMR swap executed live on the call.
Now that THORChain is back online and trading, native $XMR is next.
Recap by @raynalytics 👇
blog.thorchain.org/jp-demos-…
CHX retweeted
Imagine if Vultiserver, the automatic co-signer in Fast Vault, got compromised.
What can it even do?
It holds one of two vault shares. It cannot initiate a transaction, and it cannot sign without the user joining.
A compromised co-signer still matters. But it is not a master key: it cannot move funds alone.
CHX retweeted
Swaps are back on THORChain, and Rujira is fully functional again!
Now that THORChain is back up and everything is unhalted, deposits and withdrawals are enabled in the UI again. This means you can move your Secured Assets and everything on Rujira is working as normal.
A big thank you to everyone for giving the TC devs the time and space to get the network back up safely. And of course, a huge thank you to the TC devs and everyone who contributed for all the hard work behind the scenes. We really appreciate everyone giving them the time and space to get things moving again safely.
With the network live again, we can also look forward to lots of exciting things on the way for both THORChain and Rujira.
New chain integrations with Monero, Zcash, and Bittensor. New App Layer products and features, with auto-arb improvements and DCL next in line. And soon, we will introduce ADR-29, focused on bringing THORChain and Rujira closer together and fully aligning both behind the same vision:
A fair financial system with equal opportunities for everyone.
Onwards.
Trading is live again on THORChain.
After more than a month offline, the network is fully back. Signing, churning, secured and trade assets, LP actions, and swaps are all up and running. The world's leading Bitcoin DEX is open for business once again.
This recovery was never about speed, it was about doing it right. Every vault verified, every keyshare checked, every step taken with security and stability as the only priority. That patience paid off, and the network came back stronger than before.
None of this happens without the people behind it. Huge thanks to the node operators who stayed online through every vote and upgrade, the devs who worked relentlessly to ship the fixes, the Maya Protocol team for keeping the lights on, and a community that didn't flinch once.
The pipeline's stacked. $XMR is coming, with native Monero swaps already working end to end in testing and a live launch on the horizon. $ZEC follows close behind. Dynamic fees, and deeper liquidity are all on the way.
THORChain got hit, held the line, and kept shipping. Same chain, same ethos, same mission.
Welcome back, Chads. Let's trade.⚡️
CHX retweeted
⚡️ UPDATE: THORChain has resumed trading after more than a month-long halt.
The protocol says security upgrades are complete, old vaults have been migrated, and native ZEC swaps are coming next.
CHX retweeted
LATEST: ⚡ THORChain has resumed trading, swaps, and liquidity provider actions after a month-long halt triggered by a $10.7M exploit.
CHX retweeted
.@THORChain is back! Trading has resumed.
Thanks to the devs, node operators and everyone who held the line.
CHX retweeted
Thank you to everyone who contributed to bringing @THORChain back online!
The cockroach 🪳 of crypto is alive and kicking again.
@THORChain will never be brought down 🫡
Huge thanks and shoutout to @AaluxxMyth @CBarraford @itzamnadev, the nodes, the devs, and the community.
Swaps are back on the menu boys 🔥
CHX retweeted
Welcome home @hydromarkets!
Hydro is coming to the Cosmos Hub! The migration is underway, and will be completed throughout the months of June and July.
More details 👇
