TCY Data Deep Dive: 83% Staked, 6% Yield

THORChain is working on integrating Monero, marking the protocol's most technically challenging chain integration to date. **Key Points:** - Monero presents unique technical complexities compared to previous integrations - The protocol is implementing specific adaptations to accommodate Monero's architecture - This integration represents a significant technical milestone for the decentralized liquidity protocol The integration will expand THORChain's cross-chain capabilities to include Monero's privacy-focused blockchain.

The TAO Foundation and THORChain are currently in discussions about a potential integration between their ecosystems. **Key Points:** - TAO tokens are currently only accessible through centralized exchanges - THORChain is working to solve this limitation - Mark Jeffrey has provided analysis on what this integration could mean for both projects The integration would potentially allow TAO to be traded in a decentralized manner through THORChain's liquidity protocol, removing the dependency on centralized exchanges and expanding access for users across different blockchain ecosystems.

**ZenGo joins eToro** in a move that highlights growing convergence between crypto and traditional finance, with custody standards taking center stage. **Key launches this week:** - **THORSwap** enabled Rapid Swaps for faster settlement on large trades, automatically activated when beneficial - **Asgardex** released v1.43.1 with Vultisig MPC wallet integration and interactive price charts, followed by critical v1.43.2 migration update requiring immediate user upgrade - **Unstoppable** added Zano project support with default confidential transactions, now live on iOS with Android coming soon - **THORDEX** simplified cross-chain UX with unified asset selector, eliminating confusion from multiple USDC versions across chains - **TokenPocket** reached 35M+ users and 50M+ downloads after 8 years of development The ecosystem continues building infrastructure for cross-chain swaps and improved user experience across wallets and interfaces.

**Kelp DAO's LayerZero bridge was exploited for $292 million** after an attacker forged a cross-chain message and minted 116,500 rsETH from nothing. The fake tokens were used as collateral to drain real ETH from lending protocols. **The emergency multisig paused operations 46 minutes later**, but the funds were already gone. **This follows a similar pattern** to the recent Hyperbridge exploit where attackers minted fake tokens and drained liquidity pools. **The core vulnerability**: bridges depend on trusting messages between chains. When that trust layer fails, there's no safety net. **Native asset protocols like THORChain avoid this entirely** - no minting, no wrapping, no third-party validation. Real assets move between chains, validated by the network itself.

**TAO token currently faces liquidity constraints**, being available only on centralized exchanges. THORChain is developing a solution to enable decentralized trading of the asset. **Key developments:** - TAO Foundation and THORChain are in active discussions about integration - The integration would unlock decentralized liquidity for TAO holders - Both ecosystems stand to benefit from cross-chain accessibility This move would allow TAO to be traded across THORChain's multi-chain infrastructure without relying on centralized platforms.