
The episode discusses the limit order proposal and its implications for arbitrage bots and market efficiency on THORChain.
In this episode, the main conversation revolved around the limit order proposal, how it works, and its impact on arbitrage bots and Rujira. 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 00:04:00 Kenton starts 00:11:00 Volume is great! 00:13:00 Devel introduction 00:15:00 How did you hear about THORChain, Devel? 00:18:00 Why did you become a node operator as well as an arbitrageur? 00:20:00 It's been a long-standing belief that arbitrageurs are parasitic 00:23:00 Ratio between swap volume and arbitrage volume 00:25:00 Arbitrage volume is around 63% — does this mean THORChain is efficient? 00:27:00 Will Monero have a significant price discrepancy? 00:32:00 Could XMR become the XY curve of THORChain? 00:33:00 Devel's proposal: A new type of order to improve quotes and turn arbitrageurs into market makers 00:35:00 If the system works: Faster swaps, bigger swaps, and better price execution 00:37:00 They are not limit orders — they are limit swaps 00:38:00 Screen share 00:42:00 Devel explains the…
Host: Kenton
Guest: Devel
Organizations: THORChain, Monero
Products: XMR
Places: Bitcoin
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