Episode Details

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.

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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