ThorChain Latest News
ThorChain recently posted some really interesting news. They are mentioning investors are able to swap tokens on centralized exchanges through ThorChain! ThorChain plans to be a cross chain aggregator and it will likely be historical since ThorChain is basically decentralized.
What will make this grand is users hold the native assets when they perform the exchanges even if they had to swap on centralized exchanges.
ThorChain Recently Face Lift
In a prior post I had discussed the new version 2 of Thorswap and surely it has taken noticed.
With over $1.17 Billion in TVL after the introduction of Terra network onto its plaform for not even a month. There will be upcoming chains that Thorswap will offer in the near future making increasing potential to rise in TVL.
One step closer to the introduction of Thorfi is the protocol Brokkr which recently came live. A platform that helps users invest in Defi products across the cryptocurrency space by simplifying the process.
There has been discussions of zero loss in collateral when Thorfi introduces borrowing and lending. Time will tell how this works in the real Defi space but once it rolls out you will know I am one of the first to review the project.
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
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