THORChain Announcements
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THORChain Announcements
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Chaosnet Is Recovering

The network is recovering:

* Churn complete
* Backlog being cleared
* TSS signing again

Monitor the queue:
https://chaosnet-midgard.bepswap.com/v1/thorchain/queue

Reminder: THORChain is decentralised and relies on incentives to coordinate behaviour. Your funds are safe because nodes are bonding way more money than you, and will do everything they can to get back to operational. Sometimes the cost of decentralisation show up as delays, but the flip side is - no body can censor, stop you or steal from you.
Weekly Dev Update #82

THORChain Weekly Dev Update for Week 82, 15-21 Feb; Impermanent Loss Protection, Synthetic Assets, DOGE finished, Community Tool tweaks

https://medium.com/thorchain/weekly-dev-update-82-3e5a360b4462
IL Protection paid out to 9 Sushiswap Pools

IL Protection is in-built into MCTN, and upcoming MCCN.

Become a First Class Citizen of Asgard - the Hall of Valhalla is large.
ASGARDEX Pre-Release V0.0.6

•Support LTC
•Misc. UI updates / fixes
•Support FR

https://github.com/thorchain/asgardex-electron/releases/tag/v0.0.6
Polkadot $DOT is coming to THORChain (after MCCN).

Working closely with BLockXLabs to pull this off, requires:
* support of ED25519 curve
* xchainjs-polkadot (wraps polkdadotjs)
* use of Polkadot _remarks for memo-handling

Read the update:
https://blockxlabs.medium.com/thorchain-and-polkadot-integration-update-001-b519761a4f32
Weekly Dev Update #83

THORChain Weekly Dev Update for Week 82, 22–29 Feb; * Zombie Node 4yd,
* New Multichain Testnet,
* Midgard Updates,
* ASGARDEX supports LTC

https://medium.com/thorchain/weekly-dev-update-83-c9ee5d161096
IL Protection paid out to 9 Sushiswap Pools

IL Protection is dependent on prices changes - calculated week on week.
BCH and LTC on Asgard.exchange

Interfaces are now fully ready for chaosnet, just waiting for chain to stabilise.

https://testnet.asgard.exchange/pool
Weekly Dev Update #84
THORChain Weekly Dev Update for Week 84, 29 Feb–07 Mar; Multichain Testnet releases 0.26–0.28, Interface Preparation, BitcoinCash support

https://medium.com/thorchain/weekly-dev-update-84-2d2c2bde0f5b
IL Protection
Sushiwap IL Protection

9 Sushiwap pools paid protection.
Affiliate Fees on THORChain

Incentivising a wave of competitive interfaces and decentralising the frontend to THORChain.

Devs can add a simple memo to capture fees on swaps and add liquidity.

BEPSwap has done $3bn in volume. What can you capture?

https://medium.com/thorchain/affiliate-fees-on-thorchain-17cbc176a11b
ASGARDEX Pre-release v0.0.8

* Support ETH / ERC20
* Pools txs history
* Misc. UI improvements
* Misc. fixes

Download, help test:

https://github.com/thorchain/asgardex-electron/releases/tag/v0.0.8
IL Protection

Paid into 10 sushiswap pools.

Total RUNE Payout: 6520
$WETH, $USDT, $SUSHI, $SNX, $AAVE, $YFI, $CREAM, $ALPHA, $PERP, $LUNA
Monthly Treasury Report - Mar 2021

The treasury comprises of $108m, funding protocol development, liquidity and paying out to community grants.
The protocol has 198m in RUNE reserves, worth $1.2bn.

Planned Obsolescence July 2022.

https://medium.com/thorchain/monthly-treasury-report-mar-2021-8383e7c367f5
Weekly Dev Update #87

THORChain Weekly Dev Update for Week 87, 22–28 Mar; * GasRate Oracle,
* Succesful Hard Fork,
* Community Updates,
* Synthetic Swapping App,
* V0.0.8 ASGARDEX released.

https://medium.com/thorchain/weekly-dev-update-87-21d43d349bd9