EPISODE · Aug 30, 2023 · 1H 23M
The End of Wrapped Tokens: THORChain's Native-Asset Edge | Chad Barraford
from 0xResearch · host Blockworks
In today's episode we are joined by Chad Barraford, technical lead of THORChain, to chat about how the protocol works with layer-one assets, disrupting the traditional "island-like" view of blockchains as separate ecosystems. The protocol offers decentralized lending specifically for non-EVM chains like Bitcoin and Litecoin, aiming to always maintain liquidity. Key mechanisms are discussed to safeguard against vulnerabilities like price manipulation, ensuring that the protocol acts more like a 'bodyguard' to liquidity providers. As always Sam and Dan are joined by 2 Blockworks Research analysts, Ren & Pibblez. The analysts explore the balancer exploit, Coinbase USDC deal, dYdX governance proposal, and Coinbase sharing revenue to Optimism. - - Follow Chad: https://twitter.com/CBarraford Follow Sam: https://twitter.com/swmartin19 Follow Dan: https://twitter.com/smyyguy Follow Matt:https://twitter.com/MattFiebach Follow Ren: https://twitter.com/purplepill3m Follow Pibblez: https://twitter.com/0xpibblez Follow Blockworks Research: https://twitter.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Hexens is the premier cybersecurity provider in web3 with an essential focus on blockchain technologies. Always exceeding clients’ expectations, Hexens is a trusted security partner of the most prominent web3 projects like Polygon & zkEVM, 1inch, Lido, Nubank, TON, Risc0, EigenLayer, Mantle, Celo and more. https://hexens.io/ - - Use code 0X30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Timestamps: (00:00) Introduction (01:41) Hot-Seat Cool Throne (27:02) Interview Start: Chad (27:21) Headline Thorchain Offering (43:54) “Hexens Ad” (44:58) Virtual Pool Depth (53:01) USDC or USD De-peg Scenario (1:018) Streaming Swaps Explained (1:09:00) Savers Adoption (1:13:49) Product Roadmap - - Resources: Lending on THORChain Explained https://medium.com/thorchain/lending-on-thorchain-646bbf2e6e1b - - Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter - - Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.
What this episode covers
In today's episode we are joined by Chad Barraford, technical lead of THORChain, to chat about how the protocol works with layer-one assets, disrupting the traditional "island-like" view of blockchains as separate ecosystems. The protocol offers decentralized lending specifically for non-EVM chains like Bitcoin and Litecoin, aiming to always maintain liquidity. Key mechanisms are discussed to safeguard against vulnerabilities like price manipulation, ensuring that the protocol acts more like a 'bodyguard' to liquidity providers. As always Sam and Dan are joined by 2 Blockworks Research analysts, Ren & Pibblez. The analysts explore the balancer exploit, Coinbase USDC deal, dYdX governance proposal, and Coinbase sharing revenue to Optimism. - - Follow Chad: https://twitter.com/CBarraford Follow Sam: https://twitter.com/swmartin19 Follow Dan: https://twitter.com/smyyguy Follow Matt:https://twitter.com/MattFiebach Follow Ren: https://twitter.com/purplepill3m Follow Pibblez: https://twitter.com/0xpibblez Follow Blockworks Research: https://twitter.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Hexens is the premier cybersecurity provider in web3 with an essential focus on blockchain technologies. Always exceeding clients’ expectations, Hexens is a trusted security partner of the most prominent web3 projects like Polygon & zkEVM, 1inch, Lido, Nubank, TON, Risc0, EigenLayer, Mantle, Celo and more. https://hexens.io/ - - Use code 0X30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Timestamps: (00:00) Introduction (01:41) Hot-Seat Cool Throne (27:02) Interview Start: Chad (27:21) Headline Thorchain Offering (43:54) “Hexens Ad” (44:58) Virtual Pool Depth (53:01) USDC or USD De-peg Scenario (1:018) Streaming Swaps Explained (1:09:00) Savers Adoption (1:13:49) Product Roadmap - - Resources: Lending on THORChain Explained https://medium.com/thorchain/lending-on-thorchain-646bbf2e6e1b - - Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter - - Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.
NOW PLAYING
The End of Wrapped Tokens: THORChain's Native-Asset Edge | Chad Barraford
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.