Chains

THORChain MCCN Launch! A quick guide to MCCN!



This video goes over using MCCN (before public launch) – the process to migrate from BEPSwap to MCCN and some things to be aware of.

I have used Asgard Exchange in this video however there are other interfaces also – one wallet should work with all interfaces.

Timeline
0:00 Introduction
0:27 Starting from BEPSwap
1:13 Creating a new MCCN Wallet
3:30 Sending funds from BEPSwap to MCCN
4:37 Upgrading to Native Rune
5:16 Swapping Native Rune for Bitcoin
6:10 Adding to the Bitcoin Liquidity Pool
7:03 Adding to the BNB Liquidity Pool
7:35 Viewing BNB Pool
7:48 Pros and Cons of using MCCN early
9:03 Summary of the process
9:36 Look at other interfaces

Music – Provided by Youtube
Vishnu – Patrick Patrikios
Simple – Patrick Patrikios
Beyond – Patrick Patrikios

Disclaimer:
THIS IS NOT FINANCIAL, TAX OR LEGAL ADVICE. DO YOUR OWN RESEARCH, TAKE RESPONSIBILITY FOR YOUR OWN FINANCES AND DECISIONS.
This is videos are starting point for your learning. They are not mean to be fully comprehensive or provide all the facts. You are encouraged to review other information and make your own decisions. While effort is made to make the content accurate – it may not be accurate or its accuracy may change over time. The information provided are opinions based on publicly available information.

#THORChain #AsgardEx #THORview #Rune #BepSwap #Staking #Liquidity Pools #Liquidity Provider #THORChain Staking #THORview #Liquidity Pooling

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17 Comments

  1. Confused by how you went to create a new MCCN Wallet.
    Were did you go to do this? What site?
    You were in BEPSWAP, but then the next moment you are creating a new MCCN wallet and the video shows that interface, but no web address, no header is shown?
    Where did you go to create the new MCCN?
    Where you on BEPSWAP? A new site? What did you click or where did you go to create a new MCCN wallet????

  2. I have no BEP Swap wallet. So, do I first need some Rune from a CEX to start the first swap on Asgardex? Or can I just send some BTC and swap for the first time in Rune? After that I would have Rune for fees to swap for ex. bitween BTC and ETH….. Am I wrong? Thx for your content!

  3. The desktop wallet shows upgrade button but it's greyed out ? maybe I'm missing something had a quick look because there is a lot of talk about this cross chain full trustless

    BTW Rainbow Wallet cross chain is not at all the same is it ? guessing because not using the DEX pools and is standard Tendermint IBC lock method ?

  4. I wish I'd have finished this video before swapping bnb to native RUNE. The ONLY wallet I was able to get to work with native RUNE was the asgardex wallet that you mentioned at the end of the video. I saw xdefi wallet recommended several places, but good luck finding a working download link. The ExDefi website doesn't even mention a download. Their discord gives a link, but it's broken. I found a sign up webpage link on the thorchain website, so maybe an invite is required to get a working download link.

    I appreciate your videos. Thanks leading us newcomers through the darkness.

  5. I have high hopes for Thorchain, these videos have been so great in helping me to wrap my head around things. Thank you!

  6. when i try to withdraw my RUNE from binance to Asgardex it says the address is wrong. I noticed that binance uses an address that starts with bnb while asgardex uses thor. do I have to deposit bnb first in asgardex to swap to thor or can I use that thor address and it will prompt to update afterwards?

  7. just got into thorchain, loving it, have a few question, 1, LP rune for rune is only available on MCCN? and how does IL protection work for this? Q2, is it better to use thorswap or asgardex? Q3, do we need to convert to native rune or does it do it automatically? thanks

  8. Great content! I’ve been watching a bunch of your videos and others on this project. Is there anyway you or someone could advise me on the easiest/cheapest way to swap my btc from trust wallet for Rune?

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