Skip to main content
Pragmatic Monkey

Pragmatic Monkey

Pseudonymous core team member at Rujira, THORChain's app layer, and recurring guest on the THORChain Livestream Podcast.

Oct 30, 2026

HansGUEST
49:49
Yeah, I mean, it's all just conversations to have, isn't it? There's nothing in a second stone.
49:55
So I think the split here would be really a key question.
49:59
But the model we envision is similar to what Terra had built after the collapse called Terra Alliance module.
50:09
never really took off because they were just trying to salvage a bankrupt ecosystem.
50:15
But the concept was actually quite fitted for our situation.
50:19
So the idea behind the machine you need to run for KU, how we are building it, it's really thing to be built for TorChain and other paradigms.
50:34
So the idea is you give them a fairly live client they can run on their current machine that runs TorChain and it creates a new stream of income, a new chain that can share resources with the main architecture, the Bifrost and all those things they use to observe their chain.

1 HR 8 MINS LATER

DennyHOST
118:28
You try to think, like, what can we do? So I understand that 100%.
DennyHOST
3:37
Looking good.
3:39
[chuckles] Uh, thank you.
3:41
Uh, thanks for having me, guys.
3:42
Yeah, I, I wish, uh, it would have been in different circumstances.
3:46
Like, I was super excited.
3:47
We have, uh, been launching CCL.
3:49
It's starting to get a bit of traction and very nice results.

33 MINS LATER

KentonHOST
36:56
Um, you know, we can, we can start wrapping this up
KentonHOST
35:46
Good.
35:47
Okay.
35:48
So just showing here the order book.
35:51
So that's a Bitcoin USDC pair.
35:54
So what our order book is, is effectively a liquidity aggregator.
36:01
It can aggregate liquidity from different sources.
36:04
Some of the sources are just regular user putting limit orders.

13 MINS LATER

KentonHOST
49:08
The WASM fee, that's set to zero now, right? And are we seeing better quotes now translate to
JoelGUEST
122:06
I think just people being able to stake is good.
122:10
Okay.
122:11
So sorry, I missed the last few minutes of the conversation where I was trying to get in.
122:16
But maybe I'll give you a quick tour of what you could be doing on the app layer with Dash and the yield options.
122:25
So I think the most attractive...
122:26
I mean, of course, we can create a vault, a landing vault for Dash.
122:30
But I mean, I would have to see how much liquidity there is out there to use it as a collateral.

48 MINS LATER

BooneGUEST
170:45
I'm surprised that wasn't your first...

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.