ADR12 has passed.
CR 200% already implemented.
6pm RUNE burn will be in v1.128. ETA possibly 1-3 weeks.
https://gitlab.com/thorchain/thornode/-/blob/develop/docs/architecture/adr-012-scale-lending.md?ref_type=heads
CR 200% already implemented.
6pm RUNE burn will be in v1.128. ETA possibly 1-3 weeks.
https://gitlab.com/thorchain/thornode/-/blob/develop/docs/architecture/adr-012-scale-lending.md?ref_type=heads
GitLab
docs/architecture/adr-012-scale-lending.md · develop · THORChain / THORNode · GitLab
THORChain is a CosmosSDK state machine for decentralised liquidity on UTXO, EVM and BFT chains, supporting both ECDSA and EDDSA protocols. The protocol is attached to a signing-engine...
THORChain is currently not processing AVAX transactions due to a global outage of Avalanche C-Chain.
https://x.com/pluto9r/status/1761016104258806065
https://x.com/pluto9r/status/1761016104258806065
Forwarded from THORChain Alerts
✅ Heads up! Trading is resumed on the AVAX chains!
Final call for LP/Savers/Synths withdrawal for BEP2 assets on @THORChain. Still $6.75m worth in the pools.
BEP2 halt, then best effort Ragnarok will happen imminently. Even swaps to/from BEP2 should be conducted with caution. Just don’t touch it anymore, please. 🙏💚⚡️
BEP2 halt, then best effort Ragnarok will happen imminently. Even swaps to/from BEP2 should be conducted with caution. Just don’t touch it anymore, please. 🙏💚⚡️
Forwarded from THORChain Alerts
🚨🚨🚨 Attention! Trading is halted on the ETH chain! Refrain from using it until the trading is restarted! 🚨🚨🚨
Standing $50k Bounty To Call a Pause
There is now a standing $50k bounty to any community member that is first to find a suspicious transaction and ask a node to
False positives not paid; but will not attract criticism.
> halt early, halt often
The protocol is complex and there are many edge cases devs simply cannot plan for. The community is the first and last line of defence.
There is now a standing $50k bounty to any community member that is first to find a suspicious transaction and ask a node to
make pause "recommend pause now" "can a node pause please" etcFalse positives not paid; but will not attract criticism.
> halt early, halt often
The protocol is complex and there are many edge cases devs simply cannot plan for. The community is the first and last line of defence.
Treasury Movements
Treasury has moved 6000 BNB to USDC via RUNE.
Community will see large treasury transactions underway.
Treasury has moved 6000 BNB to USDC via RUNE.
Community will see large treasury transactions underway.
🚨From Shutdown to Showtime: How THORFi’s Sunset Gave Birth to $TCY, the DeFi Token You need To Know About
What do you do when your protocol hits the brakes, the community panics, and “rug” rumors start flying?
⚡️If you're THORChain - you build.
What happened with the THORFi was a moment of reckoning. Lending and Savers features were suddenly frozen when node operators activated a circuit breaker in response to rising protocol risk. It was swift. It was dramatic. And many got worried.
“Is THORChain insolvent?”
“Is this the end?”
“Did I just get rugged?”
But they missed one crucial fact: THORChain is profitable. One of the rare DeFi protocols actually generating real, on-chain revenue. The circuit breaker wasn’t a death blow, it was a lifeline. A high-pressure valve releasing before real damage could occur.
And from that turbulence, something pretty incredible emerged.
👇Read the full post, right here👇
https://x.com/THORChain/status/1915816355418542433
What do you do when your protocol hits the brakes, the community panics, and “rug” rumors start flying?
⚡️If you're THORChain - you build.
What happened with the THORFi was a moment of reckoning. Lending and Savers features were suddenly frozen when node operators activated a circuit breaker in response to rising protocol risk. It was swift. It was dramatic. And many got worried.
“Is THORChain insolvent?”
“Is this the end?”
“Did I just get rugged?”
But they missed one crucial fact: THORChain is profitable. One of the rare DeFi protocols actually generating real, on-chain revenue. The circuit breaker wasn’t a death blow, it was a lifeline. A high-pressure valve releasing before real damage could occur.
And from that turbulence, something pretty incredible emerged.
👇Read the full post, right here👇
https://x.com/THORChain/status/1915816355418542433
🚨State of the Network 27/04: THORChain’s Node Network Rebounds Stronger Than Ever
The sunset of ThorFi, the Bybit hack, and a radical shift away from inflationary block rewards could have been a breaking point. For many protocols, it would have been.
⚡️But for THORChain?
It became a stress test = one the network passed with resilience and growing conviction.
Click here to read all about it👇
https://x.com/THORChain/status/1916596595048558997
The sunset of ThorFi, the Bybit hack, and a radical shift away from inflationary block rewards could have been a breaking point. For many protocols, it would have been.
⚡️But for THORChain?
It became a stress test = one the network passed with resilience and growing conviction.
Click here to read all about it👇
https://x.com/THORChain/status/1916596595048558997
⚡️$XRP is coming to THORChain - and it’s a bigger win than you think.
This deployment is one of the final phases before full mainnet activation, expected imminently. Its implications extend far beyond technical novelty.
This thread explains in full why it matters👇
https://x.com/THORChain/status/1917243051946234103
This deployment is one of the final phases before full mainnet activation, expected imminently. Its implications extend far beyond technical novelty.
This thread explains in full why it matters👇
https://x.com/THORChain/status/1917243051946234103
X (formerly Twitter)
THORChain (@THORChain) on X
⚡️ $XRP is coming to THORChain - and it’s a bigger win than you think.
On April 11th, XRP went live on THORChain’s stagenet.
This milestone integration led by the @strangelovelabs and @ninerealms_cap teams is a gigantic win for our community.
Because this…
On April 11th, XRP went live on THORChain’s stagenet.
This milestone integration led by the @strangelovelabs and @ninerealms_cap teams is a gigantic win for our community.
Because this…
⚡️Ecosystem Spotlight #1: DoritoKit - A Toolkit to Supercharge THORChain’s Growth
Every protocol dreams of mass adoption.
But that doesn’t just happen because you have the best tech.
You need one thing above all: accessibility.
Building cross-chain apps that tap into THORChain’s native liquidity has not always been easy. Cross-chain logic was fragmented. Integrations took months.
DoritoKit SDK is here to help with this directly.
It is a quiet but powerful feature, a plug-and-play DevKit that has potential to unlock THORChain’s next major growth wave.
Here we go, chads. Click here to read all about it👇
https://x.com/THORChain/status/1917817257784401959
Every protocol dreams of mass adoption.
But that doesn’t just happen because you have the best tech.
You need one thing above all: accessibility.
Building cross-chain apps that tap into THORChain’s native liquidity has not always been easy. Cross-chain logic was fragmented. Integrations took months.
DoritoKit SDK is here to help with this directly.
It is a quiet but powerful feature, a plug-and-play DevKit that has potential to unlock THORChain’s next major growth wave.
Here we go, chads. Click here to read all about it👇
https://x.com/THORChain/status/1917817257784401959
X (formerly Twitter)
THORChain (@THORChain) on X
⚡️Ecosystem Spotlight #1: DoritoKit - A Toolkit to Supercharge THORChain’s Growth
Every protocol dreams of mass adoption.
But that doesn’t just happen because you have the best tech.
You need one thing above all: accessibility.
Building cross-chain apps…
Every protocol dreams of mass adoption.
But that doesn’t just happen because you have the best tech.
You need one thing above all: accessibility.
Building cross-chain apps…
🚨THORChain v3.5.0 goes way beyond a version update. It’s a critical structural release that tightens the engine across every layer
Multiple high-impact PRs have landed simultaneously, including:
⚪️ A full refactor of Bifrost
⚪️ Security hardening in outbound transaction logic
⚪️ Major aggregator upgrades
⚪️ And most notably, the rollout of TCY, a new protocol-native yield token built to realign incentives after the ThorFi shutdown
Check out our break down of the most significant changes in v3.5.0 and explain exactly why they matter for protocol operators, liquidity providers, and the next wave of cross-chain integrations👇
https://x.com/THORChain/status/1917881813768208846
Multiple high-impact PRs have landed simultaneously, including:
⚪️ A full refactor of Bifrost
⚪️ Security hardening in outbound transaction logic
⚪️ Major aggregator upgrades
⚪️ And most notably, the rollout of TCY, a new protocol-native yield token built to realign incentives after the ThorFi shutdown
Check out our break down of the most significant changes in v3.5.0 and explain exactly why they matter for protocol operators, liquidity providers, and the next wave of cross-chain integrations👇
https://x.com/THORChain/status/1917881813768208846
X (formerly Twitter)
THORChain (@THORChain) on X
THORChain v3.5.0 goes way beyond a version update. It’s a critical structural release that tightens the engine across every layer.
Multiple high-impact PRs have landed simultaneously, including:
⚪️ A full refactor of Bifrost
⚪️ Security hardening in outbound…
Multiple high-impact PRs have landed simultaneously, including:
⚪️ A full refactor of Bifrost
⚪️ Security hardening in outbound…
THORNODE ❗️MAINNET❗️UPDATE 3.5.0
https://gitlab.com/thorchain/thornode/-/releases/v3.5.0
NETWORK: MAINNET
TYPE: Non-coordianted
URGENCY: ASAP
There were issues in the TCY store migration that were not caught in stagenet testing, causing a necessary delay to recut the release. Please install the latest image to continue block production:
Once the quorum has updated, block production will continue with network version 3.5.0. The node version for active validators will be automatically updated. All non-active validators must run make set-version to be eligible for the next churn.
This release also includes significant Bifrost refactoring, which reduces chain bloat and paves the way for 2 second blocks. Devs have paused trading, signing, and scanning - which will be progressively resumed in reverse order after functionality is verified. We hope for no issues, but have in place a fallback plan for a validator-only 3.5.1 to revert the behavior change if necessary. Nodes and the community are kindly requested to maintain greater than usual vigilance during the coming hours and days.
https://gitlab.com/thorchain/thornode/-/releases/v3.5.0
NETWORK: MAINNET
TYPE: Non-coordianted
URGENCY: ASAP
There were issues in the TCY store migration that were not caught in stagenet testing, causing a necessary delay to recut the release. Please install the latest image to continue block production:
make pullmake installOnce the quorum has updated, block production will continue with network version 3.5.0. The node version for active validators will be automatically updated. All non-active validators must run make set-version to be eligible for the next churn.
This release also includes significant Bifrost refactoring, which reduces chain bloat and paves the way for 2 second blocks. Devs have paused trading, signing, and scanning - which will be progressively resumed in reverse order after functionality is verified. We hope for no issues, but have in place a fallback plan for a validator-only 3.5.1 to revert the behavior change if necessary. Nodes and the community are kindly requested to maintain greater than usual vigilance during the coming hours and days.
TCY is officially launched 🎉
Launch Details: https://medium.com/thorchain/tcy-launch-d48bb63cfc4e
TCY is a new asset on THORChain claimable by those affected by Lending and Savers. $TCY stakers earn 10% of the network's income indefinitely. It will also be available to trade on your favorite frontends
There is no rush to claim TCY. Beware scam links - there is no airdrop. Take your time to verify the claim interface you are using is legitimate.
https://x.com/THORChain/status/1919488083315327062
Launch Details: https://medium.com/thorchain/tcy-launch-d48bb63cfc4e
TCY is a new asset on THORChain claimable by those affected by Lending and Savers. $TCY stakers earn 10% of the network's income indefinitely. It will also be available to trade on your favorite frontends
There is no rush to claim TCY. Beware scam links - there is no airdrop. Take your time to verify the claim interface you are using is legitimate.
https://x.com/THORChain/status/1919488083315327062
Medium
TCY Launch
TCY is launched on THORChai. Lending and Savers participants of THORFi can claim and stake TCY to earn a portion of THORChain’s income.
Protocol Spotlight #2:
LeoDex has been flying under the radar, but that’s about to change!
During the $TCY launch, they've been gaining praise and respect for a UX that just works. It's clean, fast, built for native swaps, without clutter and friction.
LeoDex routes real assets across THORChain, Maya, Chainflip & Rango.
And they’re just getting started. Read all about it here 👇
https://x.com/THORChain/status/1920219835704742225
LeoDex has been flying under the radar, but that’s about to change!
During the $TCY launch, they've been gaining praise and respect for a UX that just works. It's clean, fast, built for native swaps, without clutter and friction.
LeoDex routes real assets across THORChain, Maya, Chainflip & Rango.
And they’re just getting started. Read all about it here 👇
https://x.com/THORChain/status/1920219835704742225
🚨 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:
https://x.com/THORChain/status/1920597285185958254
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:
https://x.com/THORChain/status/1920597285185958254
X (formerly Twitter)
THORChain (@THORChain) on X
🏦Bonding on THORChain: Securing Exogenous Assets with Economic Finality
Bonding is not just another validator function in THORChain, it is the bedrock of its economic security model!
While most users interact with the protocol by providing liquidity or…
Bonding is not just another validator function in THORChain, it is the bedrock of its economic security model!
While most users interact with the protocol by providing liquidity or…
💡Community Spotlight #2: THE BONDSMITH
Every week we're shining a light on the people who help empower THORChain, and we'll be reaching out to you too!
⚡️ each week we're interviewing standout contributors and our 2nd guest is RUNE Fund Manager and THORChain Veteran
Kenton Ralph Toews
Check out his full insights here 👇
https://x.com/THORChain/status/1920962747577049170
Every week we're shining a light on the people who help empower THORChain, and we'll be reaching out to you too!
⚡️ each week we're interviewing standout contributors and our 2nd guest is RUNE Fund Manager and THORChain Veteran
Kenton Ralph Toews
Check out his full insights here 👇
https://x.com/THORChain/status/1920962747577049170
X (formerly Twitter)
THORChain (@THORChain) on X
💡Community Spotlight #2: THE BONDSMITH
We're back again in our new series, shining a light on the people who help empower @THORChain
⚡️ Every week, we're reaching out to interview standout contributors and our 2nd guest is $RUNE Fund Manager and THORChain…
We're back again in our new series, shining a light on the people who help empower @THORChain
⚡️ Every week, we're reaching out to interview standout contributors and our 2nd guest is $RUNE Fund Manager and THORChain…
🚨EdDSA - A Highly Complex Integration We've All Been Waiting For!
Solana keeps coming up in Chad discussions and for a good reason. ⚡️
It hasn't gone live yet, but this thread will help you understand what's happening: Beyond internal challenges, one of the main reasons is the engineering complexity introduced by Solana’s architecture, something THORChain’s contributors are still actively working through.
❓Curious why this isn’t just another chain plug-in?
The full breakdown.
https://x.com/THORChain/status/1922419873533329727
Solana keeps coming up in Chad discussions and for a good reason. ⚡️
It hasn't gone live yet, but this thread will help you understand what's happening: Beyond internal challenges, one of the main reasons is the engineering complexity introduced by Solana’s architecture, something THORChain’s contributors are still actively working through.
❓Curious why this isn’t just another chain plug-in?
The full breakdown.
https://x.com/THORChain/status/1922419873533329727
X (formerly Twitter)
THORChain (@THORChain) on X
EdDSA, a complex Integration
Solana keeps coming up in Chad discussions and for good reason. ⚡️
The integration has been long awaited, but it’s not live yet. Beyond internal challenges, one of the main reasons is the engineering complexity introduced by…
Solana keeps coming up in Chad discussions and for good reason. ⚡️
The integration has been long awaited, but it’s not live yet. Beyond internal challenges, one of the main reasons is the engineering complexity introduced by…
🧵ECOSYSTEM OVERVIEW
GM Chads! Each week we're sharing hot news news impacting THORChain that you might've missed.
Here are 5 great posts you gotta know about. Shoutout to all 👇
https://x.com/THORChain/status/1922721145737941168
GM Chads! Each week we're sharing hot news news impacting THORChain that you might've missed.
Here are 5 great posts you gotta know about. Shoutout to all 👇
https://x.com/THORChain/status/1922721145737941168