Episode Details

In this episode, we discuss FROST, DKLS, GG20, the TOR Anchor vote, dynamic fees, and the latest protocol updates. Oleg from SwapKit also joins to talk about revenue sharing, external volume, and how SwapKit data could help improve THORChain.

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:

00:01:00 Intro

00:02:00 New name for STO?

00:04:00 A cheaper interface removed from THORChain branding?

00:05:00 We can create multiple STO clones

00:06:00 STO update

00:07:00 High rankings on AI sites and new Discord support channels

00:10:00 Version 3.20 update!

00:12:00 Recent block-time issues

00:14:00 DEXs should look out for each other

00:20:00 LayerZero exploit and the previous Space

00:22:00 What is FROST TSS?

00:25:00 Identifiable aborts explained

00:27:00 Work continues on adding FROST TSS and DKLS

00:30:00 Should we use multiple cryptographies?

00:32:00 How difficult would it be to build FROST from scratch?

00:34:00 TOR Anchor Mimir

00:37:00 A required voting system?

00:41:00 THORChain has one of the best governance mechanisms in blockchain

00:43:00 What do we use TOR for now that THORFi is gone?

00:47:00 Nodes: Double-check your notes! ADR 29 transition

00:49:00 How will SwapKit track revenue?

00:51:00 If it works, great! If it doesn't, we can turn it off

00:53:00 SwapKit is excited about this — a win-win!

00:55:00 The goal is to bring in more external volume

00:56:00 What should the starting value for revenue sharing be?

00:58:00 Dynamic fee update

01:00:00 Oleg from SwapKit joins!

01:02:00 SwapKit revenue-sharing discussion

01:05:00 Chad B asks about SwapKit quotes versus competitors

01:07:00 Kenton asks about the relationship between spreads and fees

01:09:00 Revenue sharing creates mutual benefits for THORChain and SwapKit

01:10:00 SwapKit's implementation design

01:14:00 Oleg: THORChain's TRON integration is great because there is no activation fee

01:16:00 Nodes: Reach out to Oleg if you have any issues

01:17:00 Chad asks if SwapKit is interested in the dynamic fee design

01:21:00 Oleg: Can SwapKit provide data to help the protocol decide which pools to deepen?

01:25:00 Chad B would love data from SwapKit to help improve THORChain

01:26:00 Boone's treasury proposal could be modified to align with SwapKit's goals

01:30:00 Denny talks about his Space with Dash and Joel

01:32:00 Monero update

01:34:00 Churns become more fragile as more chains are added — can we remove churns?

01:35:00 Could we reach one-week churn frequency?

01:38:00 "Reshare mechanism" to improve security

01:40:00 XMR Layer 1 swaps and the 10-block time freeze

01:44:00 Chad B: Should THORChain build in privacy?

01:50:00 How would it be built?

01:55:00 Is the ROI there?

02:02:00 Finality