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Treasury and Dev Fund Sustainability, Open or Close Source TSS Library, Update on 3.20 and Monero, ADR 29 Passed | Podcast #227

Treasury and Dev Fund Sustainability, Open or Close Source TSS Library, Update on 3.20 and Monero, ADR 29 Passed | Podcast #227

Episode 227 Published 3 weeks ago
Description

In this episode, the team discusses the latest developments across THORChain, including the ongoing v3.20 vote, the upcoming POL vote, ADR 29 passing, and what could be coming in v3.21 and much more.

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 Marketing update

00:03:00 Help desk update

00:04:00 MimbleWimble and memoless swaps — don't do it!

00:06:00 App Layer features coming to STO

00:08:00 Abstracting secured assets away from the user experience

00:12:00 Rayyk has been helping a lot with data analytics sites

00:13:00 Version 3.20 vote is ongoing — POL vote coming soon!

00:15:00 Will auto-claiming bond yield through optional THORName affiliate collector payouts make it into 3.21?

00:16:00 Over-solvency explained

00:17:00 Treasury discussion

00:18:00 What is the future purpose of the treasury?

00:21:00 THORChain conference

00:23:00 Reserve emission curve and over-solvency — ensuring block rewards continue to be paid

00:28:00 Economic Mimir for the emission curve?

00:31:00 Voting on the POL percentage

00:32:00 ADR 29 passed!!!

00:33:00 SwapKit is very excited

00:36:00 CCL on the App Layer could help THORChain operate more efficiently

00:39:00 When will the App Layer restart?

00:41:00 The debt of the United States

00:46:00 TSS library: Open source, closed source, or something in between?

00:48:00 An ADR to ask nodes what they think about the TSS library?

00:50:00 Kenton wants it to be open source

00:52:00 A three-month delay before open-sourcing?

00:56:00 A closed-to-open-source ADR could be a healthy development

00:59:00 What if Chad B were forced by Big Brother?

01:02:00 Maya exploit discussion

01:07:00 God saves the hardest battles for the toughest warriors

01:08:00 We're going to come out ahead

01:11:00 XMR is coming — lots of hard work!

01:12:00 TAO/Bittensor is slated for 3.21, followed by Dash

01:15:00 LP pause and resume question

01:18:00 Lessons learned from DeFi over the years

01:21:00 We are here for the mission

01:25:00 Possible partnerships to create additional revenue streams for the treasury

01:27:00 Dev Fund allocation percentage

01:30:00 Burn discussion

01:35:00 Selling RUNE in a strong market to make capital last longer

01:38:00 Looking forward to XMR going live and getting things moving

01:40:00 Immediately market the XMR chain when it goes live

01:41:00 Call it a soft launch

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