⚡ Ecosystem Recap THORChain isn’t just a chain, it’s an eco | THORChain på Binance Square

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⚡ Ecosystem Recap
THORChain isn’t just a chain, it’s an ecosystem of builders, doers, and dreamers.
Their wins are our wins Chads. 🏆
Let’s dive into this week’s updates across the THORChain ecosystem 🔽

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XRP is now live for swaps on THORChain ⚡️🎉 Connecting native $XRP liquidity to Bitcoin, Ethereum, and the rest of crypto. Anyone can add liquidity and earn, or make a swap without giving up self-custody. GOODBYE CENTRALISED EXCHANGE, HELLO DEX 🙌 Full Details:

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🧵 The App Layer Funnels Fees To @THORChain Everyone knows THORChain for trustless swaps. But if you think that’s where the story ends, you’re missing the bigger play. And infrastructure alone isn’t enough, either, because for RUNE to sustain its value and Node Operators to remain incentivized, the protocol needs an economic engine. @RujiraNetwork is that engine: a programmable App Layer creating economic value that flows back to the core - THORChain. In this thread, we’ll detail how value flowing back means a more valuable network. This is really not a thread to skip👇

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GM $RUNE Which Protocol needs some spotlighting? Many are helping to grow the eco, so who should be up next?

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🧠 Rujira isn’t a L2, why that matters more than you think ! Most blockchains scale by extending outward: launching Layer 2s, deploying rollups, and bridging assets between execution environments. 👉But THORChain is taking a different path. @RujiraNetwork isn’t a rollup, nor an optimistic sidechain, and not a separate virtual machine either. ⚙️ It’s an embedded application layer, running inside THORChain’s base chain, secured by the same validator set, governed by the same consensus, and producing blocks on the same schedule. And that design choice matters. Here’s why. ⤵️

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📊THORChain State of the Network - Affiliate Fees Affiliates are a core part of THORChain, enabling integrators such as wallets and protocols to earn fees directly from executed swaps. This model enables: 1⃣Affiliates to leverage native cross-chain swaps to generate revenue. 2⃣THORChain to expand its user base and increase swap volume. It’s a win-win: THORChain provides the infrastructure and frontends bring the users. ⚡️ Let’s look at how this plays out in the data. ⤵️

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