THORSwap Monthly Recap: November 2022
THORSwap Earn Launch, AVAX DEX Aggregator, TraderJoe Integration, KyberSwap Integration, WebApp Updates
THORSwap Earn Launch
On November 14th, THORChain had enabled its long-awaited feature Savers Vaults, which allows users to add Single Side L1 liquidity and earn yield.
With THORSwap Earn, there’s no longer additional $RUNE exposure compared to traditional LP, therefore no Impermanent Loss.
THORSwap Earn yield is powered by THORChain liquidity pools. Unlike a traditional liquidity deposit, you’re only taking the asset side, without exposure to $RUNE or impermanent loss. Traditionally, liquidity providers receive rewards each time assets are traded between the THORChain pools they are supplying liquidity. i.e. LP’s who supply BTC/RUNE receive rewards any time BTC is swapped to/from via THORChain.
Try THORSwap Earn today 👉 app.thorswap.finance/earn
AVAX DEX Aggregator Launch
Our full-featured Decentralized Exchange for Avalanche ($AVAX) tokens — Our users can now connect their self-custodial wallets to THORSwap and swap native $BTC with an AVAX token such as $PNG. We pick the best route with lowest slippage to bring you the best trade in a single transaction ($BTC > $AVAX > $PNG) without using any bridges and as always, all this in a single permissionless self-custodial transaction.
TraderJoe Integration
In November, we also added support for Trader Joe v1 Liquidity on THORSwap, you can now swap 83+ additional ARC20 Tokens thanks to Trader Joe liquidity, try it out now: https://app.thorswap.finance/swap
KyberSwap Integration
THORSwap has integrated KyberNetwork to make it the first aggregator and DEX to connect their liquidity and aggregation across multiple chains.
This means users can access one-click decentralized cross-chain swaps between KyberSwap’s Ethereum and Avalanche aggregator and liquidity.
Swap between any ETH token ↔ AVAX token using KyberSwap aggregation in 1 transaction. This also includes connecting KyberSwap to major L1s on THORChain like BTC, ATOM, DOGE etc.
THORSwap Web App Update Notes
v2.2.0
- [Feature]: Savings
- [UI] Adjust slip visibility on swap + default to 3%
- [FIX]: UI Crash on partial quote data
v2.3.0
- [Feature]: TrustWallet Extension
- [Feature]: Ledger Derivation Paths
- [FIX]: Ledger Cosmos Gas Issue
- [FIX]: Ledger LTC issue + warning
- [CHORE]: Improve Earn values (add estimated time, add slip from quote, update TX value to be quote based instead of pool amount)
- [CHORE]: Add synth pool mint check
- [PERF]: Reduce amount of api calls on Earn
v2.4.0
- [Feature]: Enable TraderJoe
- [Feature] Hide any token from wallet balance list
- [CHORE]: Update savings calculation
- [UI]: Show Upgrade RUNE warning
- [UI]: Show Ledger UTXO price protection warning
- [UI]: Improve dashboard charts data to be more precise and up to date
About THORSwap
THORswap is a multi-chain DEX Aggregator built on THORChain’s cross-chain liquidity protocol and the flagship interface for all THORChain services. Perform permissionless cross-chain swaps right from your own self-custodied wallet. Learn more at https://thorswap.finance.
Twitter: https://twitter.com/thorswap
Discord: https://discord.gg/thorswap
Website: https://thorswap.finance
THORSwap App: https://app.thorswap.finance
THORSwap Docs: https://docs.thorswap.finance
Telegram Announcement: https://t.me/thorswap_ann
Community YouTube: https://www.youtube.com/THORSwapCommunity
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THORChads DAO
The rewards programme and Metaverse home for THORChads, where the community can enjoy community projects like NFTs and games. THORChads.com will support new creative community projects with marketing, dev support, and more.
Merch Store: https://thorchads.metaswagclub.com
Discord: https://discord.gg/thorchads
Twitter: https://twitter.com/THORChadsDAO
Medium: https://thorchads.medium.com
Website: https://thorchads.com
OpenSea: https://opensea.io/collection/thorchads
