Thorus Is Expanding To Moonbeam Network

Thorus is expanding to Moonbeam to be one of the first AMMs on the network.

Thorus is  excited to introduce a whole new market of users to low fees, fast performance, innovative treasury and bonds, brand new launchpad, all while driving more value back to THO holders, this is why they have partnering with Multichain.

Through this major partnership, Multichain will provide Thorus a bridge with minimum fees for THO and STATIK tokens, which will give the possibility to the Thorus tokens’ holders to move fast from Avalanche to Moonbeam and vice versa!

Furthermore, the Multichain’s bridge will allow Thorus to rotate its emissions between Avalanche and Moonbeam, which opens up a fantastic path to join the Moonbeam Network as a DEX with the lowest swap fees of the market!

Even though cross-chain expansion was planned later in its roadmap, DeFi is evolving fast. Thorus will thus try to become the first All in One DEX on Moonbeam, to grow the liquidity and treasury to the fullest extent, thanks to its key-features such as POL (Protocol Owned Liquidity) via Bonds, Launchpad and lowest fees.

“Our main goal is to bring our knowledge and know-how to Moonbeam’s community, and therefore to be the first DEX on Moonbeam network.”—Creppy, Founder and Lead Dev of Thorus

Thorus will be the first DEX to have that liquidity and will offer very soon:

• MULTI Bonds
• MULTI-STATIK farm

Users from Multichain and Thorus’ communities will be able to sell their MULTI tokens to the Thorus platform and in return, receive dynamically discounted THO tokens throughout a 7-day vesting period.

This will create Protocol Owned Liquidity by tying MULTI tokens into the protocol’s Treasury in the form of bonds to maintain constant liquidity and increase the backing price of THO

MULTI-STATIK farm will create the MULTI token liquidity within the Avalanche ecosystem through the Thorus platform, which will benefit to the entire Thorus ecosystem as well as to each farmer that will farm MULTI-STATIK and earn those high APRs.

ABOUT Thorus
Thorus is an all in one cross-chain DeFi Platform with an adaptable treasury system, and a token holder first approach. All protocol functions are designed to reinforce this mentality. Each feature is part of an ecosystem that continually drives value back to the THO token, benefiting holders and stakers above all.

RESOURCES
Medium