The World's Leading Decentralized Exchange for Bitcoin ⚡️ The tokens are $RUNE and $TCY ⚡️

swap.thorchain.org
Joined June 2018
THORChain Network Update 3.21 is finally cut! It ships a ton of network fixes and should bring the network back to full functionality, plus a long-requested feature. Upgrade halt height: 28,366,100 (approx. Fri Oct 23, 13:40 to 15:20 UTC) 🧵👇
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From last week's marketing update: the quarterly report, the next wallets for swap.thorchain.org, and more. @KentonC137 walks through it 👇
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THORChain retweeted
Replying to @XRP
gm @XRP, the swap button's ready when you are ⚡
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THORChain shares 20% of the fees on @SwapKitPowered swaps, and SwapKit turns it into cheaper quotes. In its first 12 days, SwapKit routed $18.58M through THORChain, up 24% on the 12 days before. More routed volume means more fees shared, which funds more discounted quotes. Early numbers. The coming weeks will tell more.
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THORChain retweeted
The next @THORChain upgrade is being voted on right now. What's inside v3.21.0? → Security patches → @monero signing hardening → @Zcash v6 signing support → @solana reliability upgrades → UTXO double-pay protection → Swap queue optimisations → Affiliate & swap accounting fixes → Node & vault migration safeguards Target: about Fri Oct 23. Another step closer to $XMR.
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Memoless Swaps Memoless was getting spammed, so 3.21 introduces dynamic pricing: registration gets more expensive as memo slots fill up. Once it's enabled by Mimir, memoless swaps can come back.
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$ZEC An outbound matching issue caused a vault slash. No funds were lost, but trading stays halted until the fix ships in 3.21.
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Limit Swaps Some bugs were causing state bloat, so Limit Swaps were paused. 3.21 ships several fixes so they can be turned back on.
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App Layer 3.21 ships several App Layer fixes that patch the recent FIN contract exploit on @RujiraNetwork. This lets the App Layer be unhalted.
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$SOL SOL trading was halted after a new transaction type appeared on Solana. 3.21 ships the fix that lets SOL trading be turned back on.
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New Feature: Streaming Yield Bond Providers can now direct a portion of their bond yield straight to their wallet. No more waiting for their Node Operator to churn out to realize profits. It ships disabled and goes live once enabled by Mimir.
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The Fixes SwapKit affiliate fees 3.21 fixes a glitch in how affiliate fees were paid out. This lets SwapKit turn THORChain back on with several integrators. Expect a nice bump in volume.
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Monero Bad news first: $XMR doesn't ship with 3.21. 3.21 does ship many XMR hardening fixes though. The remaining fixes come with 3.21.1, which shouldn't be far behind. No firm date yet.
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🗺️ ECOSYSTEM RECAP Here's what happened last week ⤵️ Headline News v3.21 is set for block 28,366,100, around Oct 23, with the fixes that let $SOL, $ZEC, Limit Swaps and memoless swaps be turned back on. @RujiraNetwork 's app layer and bRUNE staking come back after the upgrade. Launches @mocadotapp 's THORChain settlement is out of beta: merchants can settle in bitcoin-cash:native, $ZEC, $XRP and more. @Thorwallet opened the beta of its new Terminal: connect any wallet and swap across 23 chains. Community @RUNEMaxim added a TCY tracker to runewatch.org, with your staked TCY, real APR and monthly payouts.
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⚡️Saturday October 24 on the THORChain Podcast | Ecosystem & Community Spotlight at 10AM EDT / 2PM UTC. @KentonC137 and @patriotsounds are sitting down with the @zodl_app team. Zodl is the Zcash-powered mobile wallet built by @zodl_co: self-custody, shielded by default, open source.
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THORChain retweeted
ZEC on @THORChain will unlock more than native swaps. Soon, you can trade ZEC alongside $BTC on our onchain, decentralized, orderbook and earn through CCL and upcoming DCL strategies. More utility for ZEC. More ways for the community to participate and earn 🔥
Zcash has seen $1B+ trading days. Most of that volume ran through centralized exchanges. Now you can swap $ZEC on the leading Bitcoin DEX. No KYC, fully censorship resistant. Next step: becoming the home of Zcash trading too.⚡️ blog.thorchain.org/bringing-…
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You shouldn't need a passport to cross-chain swap.
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