RUJI Token Launch and Protocol Update
RUJI Token Launch and Protocol Update
🚀 RUJI Finally Hatches
The RUJI token officially launches today, marking a significant milestone for the Rujira Network ecosystem. This follows the successful deployment of RUJI Trade and RUJI Pools earlier this month.
Key updates:
- RUJI token goes live for trading
- Trading and liquidity pools operational
- Initial asset selection limited but expanding
- Protocol supports major cryptocurrencies including BTC, ETH, BNB, and Cosmos assets
The platform continues to build infrastructure supporting decentralized trading and liquidity provision across multiple blockchain networks.
$RUJI goes live today 👏 Everything you need to know is in this thread. ⤵️
Today is the day! 🎉 Estimated at 15:45 UTC (you can check the latest estimate here: thorchain.net/network/churn), the Base Layer pools on @THORChain will churn, and the RUJI/RUNE pool will go live, officially kicking off trading for $RUJI. Here is what to expect once the pool
THORChain Video Update
THORChain continues its regular video communication series, marking the third update in the past 6 months. These videos provide technical updates and development progress for the decentralized liquidity protocol. Key points from recent updates: - Protocol stability improvements - Cross-chain liquidity enhancements - Infrastructure upgrades for wallet integrations These consistent updates demonstrate ongoing development activity and transparency in communication with the community.
THORChain Upgrade Enhances App Layer and Node Operations
THORChain has implemented a significant network upgrade focusing on two main areas: - **App Layer Enhancement**: Developers now have expanded capabilities to build and scale applications - **Node Operations**: Improved safety and efficiency for THORNode operators - **Technical Improvements**: Better developer workflow and user experience - **Chain Compatibility**: Enhanced support for BTC/ETH innovations Recent data shows growing adoption: - 30K+ active monthly swappers - 70% new users each month - Increasing small-value transactions (<$1K) - Improved price execution for all wallet sizes The upgrade positions THORChain as both a cross-chain hub and DeFi foundation layer.
THORChain Development Update: App Layer, Node Operations, and Technical Improvements
**Key App Layer Updates:** - NAMI Index integration approved for mainnet deployment - Levana Protocol's RUJI Perps contracts authorized - Smart contracts can now deploy other contracts independently **Node Operation Enhancements:** - New maintenance mode for planned validator downtime - Mimir vote deletion capability added - Refund system for incorrect bond slashes implemented **Technical Improvements:** - Direct IBC deposits now supported - Extended BTC transaction memo capacity - TVL caps removed for native assets - Enhanced block handling in Thorscan - Support added for EIP-7702 Ethereum transactions *Base-layer security remains unchanged throughout these updates.*
Protocol Update 3.7.0 Receives Strong Community Approval
The decentralized protocol's latest upgrade proposal (3.7.0) has secured significant community backing, with 77.3% of voters supporting the implementation. Key points: - Successful governance vote with over 3/4 majority - Update 3.7.0 introduces protocol improvements - Implementation timeline to be announced The update represents a meaningful step forward for the protocol's development and operational capabilities. Technical details and full implications of the upgrade will be detailed in an upcoming comprehensive breakdown.