New Deep Dive: Bonding isn't just a checkbox on THORChain — it's the economic engine securing real BTC, ETH, and more.
08 May 2025, 21:58
🚨 New Deep Dive: Bonding isn’t just a checkbox on THORChain — it’s the economic engine securing real BTC, ETH, and more.
While most users interact with the protocol by providing liquidity or using Savers, the role of node operators and the capital they bond underpin the entire architecture.
THORChain isn't securing an internal ledger, it's securing external, exogenous assets like Bitcoin and Ethereum using native vaults, with no third-party custody or wrapping.
This makes the validator model fundamentally distinct.
As JPThor puts it:
“It’s not just validating a network - it’s securing exogenous capital”
🧵 Read the full breakdown on why bonding is the bedrock of THORChain’s economic security model: