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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)
🧵👇
From last week's marketing update: the quarterly report, the next wallets for swap.thorchain.org, and more.
@KentonC137 walks through it 👇
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.
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.
$ZEC
An outbound matching issue caused a vault slash. No funds were lost, but trading stays halted until the fix ships in 3.21.
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.
$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.
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.
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.
🗺️ 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.
THORChain retweeted
Hey, @THORChain & @RujiraNetwork Weekly Recap! $ZEC, $SOL & @RujiraNetwork Awaiting 3.21 Update, @SwapKitPowered Rev Share Update, POL Update, @Monero Is Getting Close to Being Ready, @RUNEBondApp Milestone.
youtube.com/watch?v=Ip02QIS5…
⚡️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.
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-…








