THORChain Explained - What Is THORChain? FULL REVIEW

THORChain explained with animations, in 25 minutes.

This video covers everything you need to know about THORChain, including how it works, RUNE tokenomics and some recent news.

✅✅✅ TIMESTAMPS ✅✅✅

00:00 Intro
00:37 What Is THORChain
01:16 How It Works
02:21 Vaults On THORChain
03:16 Replicated State Machine
04:29 How Nodes Validate Transactions
05:00 Key Signing Ceremony
05:49 Threshold Signature Scheme
06:30 Broadcasting To The Final Network
06:55 Supported Assets
08:08 How Prices Are Determined On THORChain
09:36 Arbitrage
10:30 Fees On THORChain
10:50 Incoming TX Fee
11:06 Slip-Based Fee
12:06 Outgoing TX Fee
13:02 Synthetic Assets (Synths)
16:20 Confirmation Times
17:25 Bonding RUNE Tokens
18:15 Incentive Pendulum
19:23 Churning
20:23 Impermanent Loss Protection
21:27 RUNE Token Price And Tokenomics
22:33 THORChain News - THORFi
23:22 Phasing Out Of BNB.RUNE and ETH.RUNE
24:14 Chaosnet And Mainnet
25:04 Conclusion

➡️➡️➡️ IMPORTANT LINKS ⬅️⬅️⬅️

My THORChain Article
http://mikedcrypto.com/thorchain-rune-explained/

THORSwap
https://app.thorswap.finance/

List Of Supported Assets
https://app.thorswap.finance/pools

Arb Bot
https://medium.com/thorchain/rune-arb-bot-competition-winners-f7b0897221f0

How Arb Works Video

XDEFI Wallet
https://www.xdefi.io/

Boxmining Impermanent Loss VIdeo

THORFi Design
https://gitlab.com/thorchain/thornode/-/issues/1255

BNB.RUNE And ETH.RUNE Article
https://medium.com/thorchain/upgrading-to-native-rune-a9d48e0bf40f

Twitter Thread About Mainnet Launch
https://twitter.com/THORChain/status/1470654331175137281

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This is not financial advice. I am not a professional. My videos are for entertainment purposes only, please do your own research before making any financial decisions.