One of the biggest $ZEC swaps on THORChain so far: 0.365 $BTC for 24.7 $ZEC, about $29.6K.
The $ZEC pool held 22.9 $ZEC when the swap started. The swapper received more than the pool held.
THORChain streamed it: 1,300 sub-swaps over 1h58, with arbitrageurs refilling the pool between them. The pool never dropped below 22.2 $ZEC. THORChain's fee came to about 0.22%, and the app the swapper used added 1.25%.
About 15% of the deposit came back. The swapper had set a price limit, and midway through $ZEC got 5% more expensive in the pool. Streaming checks that limit on every sub-swap. 197 of them would have delivered less $ZEC than the limit allowed, so THORChain skipped them and refunded 0.065 $BTC instead of filling at a worse price. Once the price came back, the rest of the swap went through.
$ZEC is still in a progressive rollout. The pool is kept small while the integration is tested on mainnet, and liquidity deepens once that goes well. With streaming, a thin pool means a longer wait, not a worse price.
https://t.co/K8S2FEtqTY
une pensée pour ce mec qui a défendu son gagne pain...
il dégage un truc avec sangoku à ses cotés, force à lui en espérant qu'il puisse réouvrir son magasin.
ET voici la gueule du fdp qui l'a frappé dans le dos comme un lâche ... un autre petit ange <3
Countdown checklist to monero:native being live for trading on @THORChain
✅ chain code live
✅ Daemons live
⏳ Upgrade to 3.21
⏳ Bifrost activated
⏳ Vault created via churn
⏳ Pool seeded with tiny liquidity
⏳ Successful swaps
⏳ Make sure everything is working smoothly in production
⏳ Treasury deepens liquidity to $50k
$RUNE
XMR and ZEC are about to launch on THORChain, natively and without wrapping.
Through Rujira, THORChain's app layer, privacy coins meet DeFi for the first time.
Redacted will keep that activity private with zero-knowledge proofs. 👻
For the first time since the May 15th hack, all 12 @THORChain chains are back online and trading
$SOL was the last piece of the puzzle, and with its reactivation the protocol is now clear to churn - which is a big deal to Node Operators and Bond Providers who have been stuck either in or out of the validator set
A successful churn is also the last blocker to the re-enablement of @RujiraNetwork, which was paused out of an abundance of caution for further consensus issues
Successful churns are also key to the creation of the monero:native and $ZEC Asgard vaults, which are themselves necessary for swapping in or out of those chains. However the network will delay the activation of these chains for at least a week as it confirms stability and addresses whatever new issues might arise.
Onwards $RUNE
$TCY is THORChain's revenue sharing token. Total supply is fixed at 210 million, and staking it earns you 10% of all protocol system income, paid in $RUNE.
Here's the part that keeps the flywheel running. If you don't claim or stake your TCY, that yield gets forfeited and redirected to grow the protocol's own reserves. On top of that, fees generated from $TCY/ RUNE swap activity are used to buy additional protocol-owned $TCY.
The protocol accumulates more $TCY over time. Stakers who participate earn from real swap fees across 13 chains.
Trading is live again on THORChain.
After more than a month offline, the network is fully back. Signing, churning, secured and trade assets, LP actions, and swaps are all up and running. The world's leading Bitcoin DEX is open for business once again.
This recovery was never about speed, it was about doing it right. Every vault verified, every keyshare checked, every step taken with security and stability as the only priority. That patience paid off, and the network came back stronger than before.
None of this happens without the people behind it. Huge thanks to the node operators who stayed online through every vote and upgrade, the devs who worked relentlessly to ship the fixes, the Maya Protocol team for keeping the lights on, and a community that didn't flinch once.
The pipeline's stacked. $XMR is coming, with native Monero swaps already working end to end in testing and a live launch on the horizon. $ZEC follows close behind. Dynamic fees, and deeper liquidity are all on the way.
THORChain got hit, held the line, and kept shipping. Same chain, same ethos, same mission.
Welcome back, Chads. Let's trade.⚡️
The Bluefrens hub is now live at https://t.co/Oi5ICJhUIt!
Bluefrens is Sentinel's community driven NFT ecosystem created and managed by @Bitveilofficial
Become eligible to enter weekly lottery events at the Bluefrens Hub by holding sentinel:native or Bluefrens NFTs.
Sentinel is an ecosystem focused on utility and real value generation and in order for Sentinel to support a community driven initiative there has to be a strong purpose.
The Bluefrens ecosystem intends for its NFT to have many more usecases than just being a digital JPEG, various dVPN apps and ecosystem utilities built on Sentinel will be offering perks to holders.
Sentinel is one of the first utility focused networks to have a meme culture starting in 2019. The Blue fren was born far before Pepe became famous. Community driven initiatives like Bluefrens drive Sentinel's culture and spirit forward aggressively.
Join the official Bluefrens Discord at:
https://t.co/ou5kzSqbVb
Introducing: THORDEX Intents
When a route isn't available on THORChain, THORDEX now falls back to an Intent provider to complete your swap.
Currently powered by NEAR Intents, ready to switch to THORChain's Intents the moment it launches.
THORChain First Always.
The Sentinel Google Chrome proxy extension is live! Encrypt the traffic on your browser without needing to install software for your entire PC.
The Sentinel ecosystem is one of the only ecosystems which builds real products for the mass web 2 audience.
https://t.co/LkPhGaaMeu
The community has been asking about Monero for a while.
@CBarraford just gave the most honest answer out there, and it is actually on the core developers roadmap for 2026.
👇
.@CBarraford explains why decentralising the UI matters just as much as decentralising the protocol.
If the interface lives on THORChain itself, there is nothing left to shut down.
👇
THORChads, check out this blog post going over the new RUNE and TCY logos proposed by the marketing team. Let me know what you think, one way or the other. Thank you.
@THORChain
$RUNE
https://t.co/FTtQPE8rnx