
Thorchain’s Cross-Chain Liquidity Pools Will Revolutionize Value Transfer
The Delphi Podcast
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How Does Thor Chain Work?
The order in which swaps are done on thor chain is not a first in out system, lke you see most of the time with pretty much any other exchange. Instead, it prioritize is based upon the value of it it derives for the network. That creates something that's really important here: arbitrage bots all trying to arbitros same the same pool. The one that's going to win is the one that takes taking the least amount of money out of the network.
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