Liquidy ($LQDY) on THORChain App-Layer, Market Making and Swap Router | Podcast #218

In this podcast, Jandevman gives us an overview of what they do at Liquidy, how the project originated, and how they ended up building on 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:00:00:00 Intro00:02:00 Kenton update — Keplr should be working! More integrations are coming!00:03:00 Affiliate page widget is ready for testing00:04:00 Air Canada story00:06:00 Jandevman introduction00:10:00 What was so different about Kujira that attracted you to it?00:13:00 Jandevman rebuilt everything from scratch00:16:00 Treasury discussion — what were the assets?00:17:00 What was MantaDAO?00:19:00 Website walkthrough00:21:00 Valuation breakdown — comparing Liquidy to TradFi00:23:00 Kenton explains NAV and asks about redemptions00:24:00 Financial reports and analytics breakdown00:26:00 Expense breakdown00:27:00 Revenue sources00:29:00 Governance process breakdown00:30:00 Simple majority or supermajority?00:31:00 Veto power through a multisig00:32:00 Bonk comparison00:36:00 Raising external capital?00:38:00 Growing the treasury00:39:00 How does market making work?00:43:00 Why isn't the LQDY token on the base layer?00:45:00 How many wallets support secured assets?00:47:00 Which other wallets should support secured assets?00:48:00 What other financial primitives will LQDY be involved in?00:52:00 Will LQDY get involved in lending?00:55:00 What other assets will be acquired?00:56:00 What about Auto Rujira?00:57:00 Liquidity swap router breakdown00:59:00 What's the difference between the swap router on Rujira and LQDY?01:02:00 Comparing different liquidity pools01:07:00 Will redacted functionality be available?01:09:00 bRUNE breakdown01:11:00 What is a good APY for users?01:13:00 Will STO use the LQDY API?01:15:00 Is there anything else you'd like to add?01:18:00 Transparency discussion01:19:00 Proposal discussion01:22:00 Everything is on-chain01:27:00 Thoughts on inflation01:30:00 The model is beautifully simple01:33:00 We need to do this again!01:34:00 Conclusion