Version 3.20, Monero & Zcash, Dynamic Fees, ADR 29 | Podcast #221

In this episode, we discuss POL and how it will be distributed, a potential upcoming Bitcoin fork, a Monero update, ADR29, ADR31, AI tooling, and much more.

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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

00:03:00 Marketing update

00:04:00 Need to create a new support ticket module. Trezor support added!

00:06:00 The three things needed to be listed on an index

00:08:00 Using AI to find scam sites

00:11:00 Chad starts — version 3.20 is being tested

00:12:00 Chad B started a code change to add a new asset to THORChain without a churn

00:14:00 Adding more chains leads to greater complexity

00:16:00 How can we add a new chain without churning?

00:17:00 How complex is it to add this capability?

00:18:00 Does a churn affect the timing of adding a new asset?

00:20:00 Audience question: How are new assets prioritized for THORChain?

00:22:00 StarSquid wants to add many more chains

00:23:00 AI compatibility with THORChain discussion

00:27:00 Community coding competition to add AI utility?

00:28:00 Dynamic fee discussion

00:30:00 Results from ShapeShift

00:31:00 COSMWASMMINBPS = 0 — arbitrage performance discussion

00:34:00 POL question: What gets funded first?

00:35:00 POL currently only purchases base gas assets

00:37:00 Stablecoins require a node vote

00:39:00 How will the protocol allocate funds — every churn or another method?

00:42:00 Bitcoin may go through two forks — how do we handle them?

00:44:00 Is it worth it? Sounds complicated!

00:46:00 Should liquidity from a new Bitcoin fork go to the treasury or POL?

00:52:00 There may be two separate Bitcoin forks!

00:56:00 Huginn update — network monitoring

01:00:00 New Huginn model

01:03:00 Opus 5 outperforms Fable on some benchmarks — AI models are becoming much more sophisticated

01:05:00 OpenAI and Anthropic may lose their moat as AI becomes a commodity

01:08:00 THORChain does not run on hopium

01:09:00 XMR discussion

01:11:00 XMR nuance — funds cannot be spent for 20 minutes

01:13:00 How does the 20-minute XMR delay affect high swap volume?

01:16:00 XMR backlog discussion

01:20:00 Hopefully only two more churns before XMR

01:23:00 We will set the price for XMR

01:26:00 ADR 29, TOR Anchors, and revenue sharing breakdown

01:30:00 It's an experiment — we're not sure if it will work!