A Guide To ThunderCore’s DeFi Ecosystem for Blockchain Developers

ThunderCore Team
ThunderCore
Published in
5 min readApr 28, 2023

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Introduction

ThunderCore’s DeFi ecosystem offers a robust platform for blockchain developers to build innovative DeFi applications that will find immediate support from our loyal and engaged user base.

With its high throughput, low latency, and cost-effective transactions, ThunderCore’s EMV-compatible layer-1 blockchain has become an attractive choice for developers who want to create scalable and cost-efficient DeFi projects.

In this article, we’ll explore the support and resources available for developers, showcase successful projects on ThunderCore, and provide a step-by-step guide to deploying your own DeFi projects on the platform.

Before Deploying on ThunderCore Blockchain

1. What Kind of Support Will You Need?

ThunderCore provides a comprehensive suite of tools and resources to help developers thrive in its ecosystem:

  • TT Wallet: With over 400K MAU users, ThunderCore’s native wallet serves as a one-stop portal to help you grow your user base, list your projects on TT Wallet now!
  • Quest System: An ecosystem retention tool that encourages user engagement and loyalty.
  • Technical Support: Tailored troubleshooting and timely assistance for developers is available through Discord ticket submissions.
  • Grants: ThunderCore offers grants to support developers building on its platform.
  • Faucet: Access to a faucet for Testnet Tokens (TST) which simplifies the development and testing process of your projects on the Testnet.

2. How ThunderCore Helps You to Build On Our Ecosystem

ThunderCore empowers developers with various incredible tools and features at their disposal to help them build the most user-friendly and versatile projects. These include:

Bridges

ThunderCore has multiple cross-chain partners like Multichain, SWFT, XYFinance and ThunderCore Bridge to support DeFi projects in the ecosystem, connecting to other blockchains seamlessly. These bridges allow users to transfer assets between different chains into the ThunderCore ecosystem. Learn more here at our official Bridge developer resource page.

Oracle

ThunderCore Oracle provides a series of asset prices on the chain to make your smart contract connect with the real world. ThunderCore’s oracle provides a series of asset prices on the chain to make your smart contract connect with real-world data. Get access to external data feeds and smart contract execution services with Oracle.

ThunderCore Safe

For developers, multisig wallets help them to implement a decentralized ecosystem.. ThunderCore Safe, the multisig wallet service can be useful for managing funds for decentralized autonomous organizations (DAOs) or other types of decentralized applications. Moreover, it can simplify complex workflows involving multiple parties by automating the authorization process. This can save time and reduce the potential for errors or fraud.

Promotional Marketing Material

Helping you reach the right audience for your DeFi project on ThunderCore is extremely important to us. Get assistance with creating promotional content for your project from ThunderCore. If you complete our Developer Program, you will qualify for additional funding.

Showcasing ThunderCore Projects

ThunderCore has a growing ecosystem of diverse and exciting DeFi, Web3, NFT, and GameFi projects, which you can explore here. We have already seen several successful DeFi projects to soar on our platform, including:

Ram Protocol

Ram Protocol serves as a decentralized, non-custodial lending platform on the ThunderCore blockchain. By lending assets, depositors can earn interest and Ram tokens, while borrowers pay interest to access these assets and simultaneously earn Ram tokens. Ram’s primary goal is to offer enhanced liquidity access within the DeFi ecosystem.

LaserSwap

ThunderCore strongly supports innovative infrastructure projects like LaserSwap, the first DEX V2 on our chain which in 2022 completed the first phase of our $10m Developer Fund Program. It really showcases what is possible on our high-performance blockchain.

LaserSwap is a ThunderCore decentralized exchange (DEX) that uses an automated market maker (AMM) to trade digital assets. Users can exchange tokens on the platform, swap between cryptocurrencies, and deposit tokens into the liquidity pools to generate revenue. After launching their farming pool on ThunderCore, LaserSwap experienced rapid growth in total value locked (TVL) and liquidity.

7 Easy Steps To Deploy Your Project on ThunderCore

Great, you’ve built your dream project, and now you’re looking to get it out there to the masses as quickly as possible. Here’s how.

To deploy your DeFi project on ThunderCore, just follow these easy 7 steps:

Conclusion

ThunderCore’s flourishing DeFi ecosystem provides blockchain developers with an excellent platform to build, deploy, and grow their projects. With a range of cutting-edge tools, resources, and support systems, developers can experience the benefits and ease of working on ThunderCore, making ThunderCore Blockchain an ideal choice for deploying your next DeFi project.

About ThunderCore

ThunderCore is a powerful and ultra-fast Web3 ecosystem and layer-1 chain that delivers elite performance and cost-effective scalability for thousands of crypto projects. Its proof-of-stake (PoS) architecture and strong developer support provide a battle-tested home for the next generation of crypto builders to create in Web3, DeFi, NFTs, GameFi, and the metaverse with limitless scope.

The growing ThunderCore ecosystem is powered by its popular native asset, TT, which can be stored in the feature-rich TT Wallet, together with other supported project assets.

ThunderCore’s breakthrough consensus protocol “PaLa” overcomes the scalability “trilemma,” helping the ThunderCore network generate up to 4,000 transactions per second (TPS) with sub-second confirmation times and ultra-low gas fees at a fraction of a cent.

Created in 2017 by Silicon Valley tech entrepreneur Chris Wang to help solve Ethereum’s scalability issues, ThunderCore has an international user base that spans over 100 countries. It measured over 500,000 monthly active users in December 2021, making it one of the most actively used chains in the world, according to DappRadar.

Institutional investors in ThunderCore include MetaStable, Hashed, Electric Capital, Huobi Capital, Pantera, Zhen Fund, Kenetic Capital, Arrington XRP, Capitaland, and Draper Dragon, among others.

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