THORChain Announcements
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THORChain Announcements
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Further updates on current DOGE and ERC-20 (e.g. ETH.SNX & AVAX.USDC) outbound issues
$7.3m worth still in BEP2 pools.
17 days to Ragnarok.

Withdraw now!!
THORChain is currently not processing AVAX transactions due to a global outage of Avalanche C-Chain.

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. 🙏💚⚡️
This is to resolve the delayed ETH outbound queue situation
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 make pause "recommend pause now" "can a node pause please" etc

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.
Treasury Movements

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
🚨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
⚡️$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
⚡️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
🚨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
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:

make pull
make install


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.
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
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