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Rujira App Layer Update on THORChain | Podcast #223
Description
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?