THORChain & Vultisig Live AMA
The AMA will spotlight Vultisig, a project built by THORChain’s founders, focusing on multi-chain, multi-factor wallet security that ditches traditional seed phrases. The session aims to unpack what Vultisig is building and its potential to transform crypto wallets, especially as AI-driven agents gain traction. Hosted by Chad’s Lounge, attendees can join via a dedicated link to ask questions and explore how this integration enhances THORChain’s ecosystem. With cross-chain transactions hitting $40.7 billion in 2024, this collaboration could set a new standard for security and accessibility, though early adopters should be mindful of potential volatility as new tech rolls out.Recent NewsOver the past three months, THORChain has solidified its position with consistent network upgrades, boosting its reputation as a pioneer in decentralized exchanges. Vultisig has gained attention for its promise to eliminate seed phrase vulnerabilities, a hot topic as wallet hacks cost the industry $1.5 billion in 2024. This AMA builds on that momentum, marking a key moment to showcase their joint vision.Future PlansLooking ahead, THORChain plans to expand its liquidity pools across more blockchains, while Vultisig aims to roll out user-friendly tools for teams and individuals by late 2025. The roadmap hints at deeper integrations, potentially unlocking new DeFi opportunities as the platform scales to meet growing demand.Onchain DataSpecific onchain metrics for Vultisig are not yet available due to its pre-launch status, but THORChain’s network has seen robust activity. Transaction volume has averaged 15,000 swaps daily in 2025, with $2 billion in total value locked, reflecting strong community trust. Keep an eye on these numbers as Vultisig launches.Community SentimentX buzz around the event is overwhelmingly positive, with users expressing excitement about Vultisig’s potential to “obliterate” outdated wallets. Influencers are bullish, predicting a surge in interest, while some community members eagerly await launch details. The chatter suggests high anticipation, though a few caution about the risks of new tech adoption.Additional InsightsThis event comes as DeFi user growth hit 15% in Q2 2025, signaling a ripe market for secure wallet solutions. Compared to competitors, Vultisig’s multi-factor approach stands out, offering a safer alternative to single-signature wallets, which saw a 70% higher theft rate in 2023 studies. For users, this could mean easier access to DeFi with reduced risk, though new projects always carry some uncertainty.Risk Disclaimer: As with any emerging technology, consider the potential for volatility or unforeseen issues. Always conduct your own research before participating.
Vultisig
August 9
