Very recently over on Thorchain primary protocol, Thorswap, got a face lift. The long awaited update of the entire platform has made Thorswap much easier and smoother to use.
The swaps and fees on each chain is up to date to help users determine how much it will cost for the transaction.
Example above is BTC to Rune and all fees and slippage % is easily readable.
Analytics of Thorswap is easily linked on Thoryield and simple to access.
Multiple wallets linking to Thorswap is clear and simple.
Most active pools by total value locked are on the front dashboard. Snapshot above is an example of the listed pools Note bottom right of each icon is the native chain for the asset so people can easily determine what chain to use when applying the asset.
For instance BUSD must come from BSC chain. While Thor is from ETH chain and so forth.
Staking on Thorswap is still in version 1 but straight forward to use.
Often graphic user interfaces attract users when they are easy to read and use. Version 2 for Thorswap feels long over do but great time to be able to have it and use. As an active investor of Thorswap I have partake in the UST pool which is currently yielding a staggering 55% APR. Sooner or later it will drop as more UST flood into the protocol, but until then I am going to try to take advantage of the yields.
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
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