<p>In this episode, we provide a marketing update, followed by a brief update on the exploit. We then dive deeper into a couple of bigger topics, such as dynamic and referral fees, protocol owned liquidity.</p><p>Swap now <a target="_blank" rel="noopener noreferrer nofollow" href="https://swap.thorchain.org/">https://swap.thorchain.org/</a> </p><p>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.</p><p>Timestamps:</p><p>00:00:00 Intro</p><p>00:02:00 Marketing update</p><p>00:04:00 "KOL" talk and bang for buck</p><p>00:06:00 Getting new chains added is super important for getting brand-new users</p><p>00:09:00 New Affiliate page on <a target="_blank" rel="noopener noreferrer nofollow" href="http://swap.thorchain.org">swap.thorchain.org</a></p><p>00:11:00 Kenton is thinking the affiliate API should be permissioned</p><p>00:12:00 Chad B starts, 3.19.1 fully adopted</p><p>00:14:00 1 day, enable signing and churn</p><p>00:16:00 KeyVerify talk — when should we move on if it doesn't work?</p><p>00:17:00 KeyVerify will be disabled after this moment</p><p>00:18:00 Kenton asks about the exact order of turning things back on</p><p>00:20:00 THORChain is decentralized — it's obvious</p><p>00:21:00 Nodes had to do a lot of steps with developers</p><p>00:23:00 AI made this so much faster for us</p><p>00:24:00 Over time, we will have a more professional node operator base</p><p>00:26:00 Devs have been working nonstop on separate issues</p><p>00:27:00 Post-mortem is coming, hopefully within 2–3 weeks</p><p>00:29:00 We do a very good job being public, but that is often used against us</p><p>00:30:00 When we get going again, we will be testing the dynamic fee model with select partners</p><p>00:31:00 Applies to all THORNames</p><p>00:34:00 Chad says he is not sure who is correct on dynamic fees</p><p>00:37:00 Start simple and tweak it as we get more info</p><p>00:39:00 Kenton: It should be obvious</p><p>00:40:00 SwapKit rev-share program discussion</p><p>00:45:00 Stable-to-stable swaps should be neutral but result in more volume</p><p>00:46:00 Kenton: Stablecoin idea should be great</p><p>00:48:00 Denny: Stable-to-stable will be amazing for point-of-sale applications</p><p>00:50:00 Kenton: Dynamic fees may be really helpful for direct integrations</p><p>00:51:00 These features are bound to "click" with partners</p><p>00:54:00 Lots of exciting things are coming!</p><p>00:55:00 XMR testing update: Going well!</p><p>00:56:00 Huginn update: Pointed it at Serai</p><p>00:57:00 Monero may be coming within 1–2 months</p><p>00:59:00 XMR actually works!!</p><p>01:01:00 RUNE question from the audience about governance</p><p>01:03:00 Kenton breaks down liquidity pools</p><p>01:05:00 It is not hopium — THORChain has fundamentals</p><p>01:07:00 This protocol is actually real and useful</p><p>01:11:00 TON Wallet question from the audience</p><p>01:12:00 We are reaching out to everyone!</p><p>01:13:00 POL transition: Protocol-Owned Liquidity</p><p>01:14:00 Kenton thinks 25% POL is what is needed</p><p>01:18:00 Chad B: Where do you stand on POL?</p><p>01:20:00 Bull market POL could get very crazy</p><p>01:23:00 Dev fund could make much more money and the treasury could go away</p><p>01:25:00 We are moving away from a hard cap</p><p>01:27:00 Denny gives his thoughts on LPs</p><p>01:30:00 LPs withdraw when things turn around?</p><p>01:35:00 We didn't have data about AMMs when we first started</p><p>01:41:00 The scalability of THORChain in terms of liquidity and developers</p><p>01:45:00 Possible incentive pendulum tweaks</p><p>01:48:00 Price/volume graph comparison</p><p>01:53:00 Stock trading on-chain — KYC?</p><p>01:55:00 Perhaps companies will push for permissionless</p><p>01:58:00 Stocks</p><p>02:02:00 How have Maya devs been doing?</p><p>02:06:00 Outro</p><p>02:09:00 Attempt to attack Chad Barraford</p>