Rujira App Layer Update on THORChain | Podcast #223

In this episode, Hans and PragmaticMonkey give us a Rujira update on what has been done, what they are working on, and what to expect.

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 Intro

00:02:00 Kenton update

00:04:00 Hans starts and expresses thanks for the ADR 31 result

00:05:00 Recap of the history

00:07:00 Market makers and perpetuals

00:12:00 Perpetuals breakdown and Dynamic Concentrated Liquidity (DCL)

00:15:00 Delta-neutral package

00:17:00 PragmaticMonkey talks about bootstrapping the perpetuals market

00:22:00 Why is the reserve involved in revenue generation?

00:23:00 Status of the new stablecoin launch

00:26:00 Exportable stablecoin

00:32:00 Slow block times recently — do we know the cause?

00:35:00 Hans leaves

00:36:00 Order book screen share

00:40:00 Automated order book explained

00:43:00 Spread ratio explanation

00:47:00 Custom Concentrated Liquidity will add much more utility

00:49:00 COSMWASM MinBPS slip impact

00:55:00 RujiTrade arbitrage revenue metrics

01:00:00 Unique user index is increasing

01:01:00 CCL is the best way to attract new users

01:03:00 You can copy the strategies of other users

01:07:00 Sophisticated users will always refine their strategies

01:12:00 Are there plans to integrate tools into third-party systems?

01:14:00 Kenton: We should have one API

01:18:00 We are working together on this

01:19:00 POL DAO is being developed

01:22:00 AutoRujira update

01:25:00 Main differences between CCL and DCL

01:28:00 Getting more assets on THORChain is important

01:32:00 PragmaticMonkey's thoughts on the sudden end of Kujira

01:36:00 We are part of the same community

01:40:00 Merger discussion

01:43:00 How are the developer finances looking?

01:44:00 When is the next community gathering?