Try Quests to earn cryptoStablecoin Swappers
In this dashboard , we examine several analysis
- the behavior of USDC swappers with BUSD swappers
- swappers volume and swap rate?
- other interesting thing !
academy.binance.com says :
> THORChain is a decentralized liquidity protocol that allows users to swap assets in a permissionless setting. It enables the exchange of native layer-1 assets like BTC by acting as a vault manager. To secure its network, THORChain uses Tendermint and Cosmos-SDK.
In this section, we take a look at the top ten assets that most users convert their assets into It can be seen that RUNE has a high percentage And this is one of the most important points because this asset is native of THOR
RUNE:
THORChain is secured by its native token, RUNE, which deterministically accrues value as more assets are deposited into the network. Anyone can use THORChain to swap native assets between any supported chains or deposit their assets to earn yield from swaps.
In order to have a better comparison, I used a larger time frame A week and a month seem to be a suitable interval for this comparison Also, two criteria have been considered: the total assets converted and the number of transactions to convert those assets that both criteria give us the same result USDC is growing in THOR pools The second and very important point is to know that one of the constant parts of the conversions in the past months has been BUSD and it seems that this position will continue to be maintained for this currency.
With the help of data normalization, the rates can be compared with each other very accurately On a monthly scale, it can be seen that almost a third of the rates are allocated to the BUSD currency Also, the reason for the decrease of this amount for BUSD in the last month or weeks is not the increase in the amount of USDC, but the conversion of other currencies.