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THORChain Savers Vault Now Live
November 13, 2022 #News #THORChain

THORChain Savers Vault Now Live


The highly anticipated Savers vault recently went live after nodes completed the latest upgrade.

Savers Vault has been designed to be simple with no exposure to $RUNE:

  • User deposits BTC
  • BTC gets turned into liquidity pool
  • Pool does swaps and earns yield
  • Yield is paid back to the Saver and accrues up.
  • Saver can leave anytime back to L1 BTC

Users have to pay slip fees when entering or leaving a savers vault. Large transactions in shallow pools will incur large fees to save/withdraw.

Front-ends like THORSwap are already working on releasing the UI(THORSwap Earn) to accompany savers vault.

Congratulations to all THORChads.

The cave you fear to enter holds the treasure you seek