Show notes
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/CBarrafordFollow Sam: https://twitter.com/swmartin19Follow Dan: https://twitter.com/smyyguyFollow Matt:https://twitter.com/MattFiebachFollow Ren: https://twitter.com/purplepill3mFollow Pibblez: https://twitter.com/0xpibblezFollow Blockworks Research: https://twitter.com/blockworksresSubscribe on YouTube: https://bit.ly/3foDS38Subscribe on Apple: https://apple.co/3SNhUEtSubscribe on Spotify: https://spoti.fi/3NlP1hAGet 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 Explainedhttps://medium.com/thorchain/lending-on-thorchain-646bbf2e6e1b- -Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one placeBlockworks 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.