THORChain Resumes Trading, AI & Energy Consumption, Protocol Owned Liquidity | Podcast #211

In this episode, we provide a marketing update, discuss AI & energy consumption, and finish with a discussion on protocol-owned liquidity.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 Intro00:05:00 Marketing update00:07:00 Reach out to communities about adding ERC-20s? Easy to do!00:08:00 Working on Keplr Wallet00:09:00 Platform to hire KOLs00:11:00 KOL platform breakdown00:13:00 Chad B: May be a bot dream00:15:00 KOL drama00:19:00 Forewarning for drama00:20:00 Chad's talk about Monerotopia00:23:00 Someone who is into XMR will probably understand the mission00:27:00 Chad B: The attack we suffered is very hard to recover from — but we have!00:29:00 New version is coming! Fix for Solana so we can churn and XMR00:32:00 Kenton: The cynical view doesn't make sense00:33:00 Failure should be expected00:34:00 TSS will be open-sourced, probably mid-July00:36:00 Huginn's code auditing is surprisingly good00:37:00 Moving to DKLS is a priority00:39:00 The idea is to move to FROST and DKLS00:41:00 How we would transition cryptographies00:43:00 We need to find a new version of FROST if we want to add it to THORChain00:44:00 Multisig on each vault — combining cryptographies. Still entertaining that idea?00:47:00 DKLS would be first if any changes were going to be made00:48:00 Question: Can we add AI payment rails and support for precious metal derivatives?00:51:00 agentsfirst.dev analytics breakdown00:57:00 Delegation is so hard for startups00:59:00 These days are still early for AI01:01:00 Will AI be a bunch of specialist models or a more general model?01:04:00 Energy consumption versus efficiency of AI01:06:00 Chad B is bullish when it comes to increased electricity usage01:09:00 Energy scale is beyond comprehension01:13:00 Life arose so quickly when Earth was formed01:17:00 Planet talk — geeking out01:21:00 Bringing it back to THORChain, THORChain is a good foundation for a better system01:23:00 When XMR goes live, Kenton will wait about a month before really pushing it out01:26:00 What happens post-churn when it comes to POL?01:30:00 Kenton acknowledges Boone for getting the math incorrect01:33:00 Boone joins and says it is Economic Mimir01:34:00 Increasing BPs fee is probably the move (Boone)01:36:00 Kenton gives the case for POL advantages01:37:00 Kenton floats 25% to POL01:39:00 POL is a burn, technically01:42:00 Burn conversation regarding sell pressure01:46:00 POL conversation continues01:49:00 POL is an asset, not a liability01:52:00 New hat!!01:53:00 POL pitch01:56:00 POL also buys and burns their asset too01:58:00 Per-asset minBPS idea (Boone)02:02:00 Anything else? Direct ERC-20 memoless, TAO 3.2002:03:00 Reserve hard cap discussion02:06:00 Reserve income and dispersed