SamYap (samyap)

Oldie but goodie: 1/4 Before @THORChain, I’m sure many folks have thought about “let’s just pool two assets from two separate chains into a LP, that’s the most direct way to do cross-chain swaps!”. But if you think deeper, you need to solve:

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2/4 - how to observe deposits and intents on different chains - how to track all the accounting needed - how to make business logic work on a non-smart contact chain, e.g. BTC - how to sign outbound Tx to users - how to secure those assets on those external chains

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3/4 - how to incentivize the expected parties in the system (validators, liquidity providers, arbers, UIs) - how to make it chain agnostic - how to do it all in a permissionless and decentralized way These and many more challenges were what TC solved.

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Hello World! Cross-chain native liquidity FTW! #BetterThanCEX 😻💚⚡️🍫

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