THORChain Clarifies Ragnarok of BEP2 Pools
THORChain Clarifies Ragnarok of BEP2 Pools
🔥 Ragnarok Revealed: THORChain's Bold Move
THORChain, a decentralized liquidity protocol, has addressed the reason behind the Ragnarok of BEP2 pools in their network. According to their tweet, this move is not a responsibility but rather a favor. THORChain clarified that they could have left the pools untouched until the BEP2 shutdown, at which point they would have shut down the pools as well. The Ragnarok of BEP2 pools is a proactive measure taken by THORChain, unrelated to any technical issues within their network.
This is the reason why @THORChain is doing the Ragnarok of BEP2 pools in TC. Technically has nothing to do with TC. TC can actually just leave the pools alone all the way until BEP2 shutdown, then just shutdown the pools as well. Ragnarok is a favor, not a responsibility.
Hi there, if you are referring BNB Beacon Chain (BEP2) network sunset plan, you may refer this and relevant announcement links in to it for further information: binance.com/en/support/ann… Additionally, you can contact with Beacon chain wallet for further assistance. Thanks! ^KO
Nami Protocol Introduces yRUNE: A Yield-Bearing Token Solution
Nami Protocol announces yRUNE, a new yield-bearing product that combines $RUNE and $TCY tokens. The product automatically rebalances to maintain RUNE exposure while generating yield through TCY. TCY (THORChain Yield) is a revenue-sharing token that receives 10% of THORChain's system income. Key features: - Total supply: 210 million tokens - Initial value: $0.10 - Backed by real protocol revenue - Staking rewards paid in RUNE - No inflation mechanism The system represents a new passive income layer in the THORChain ecosystem, focusing on sustainable yield generation rather than inflationary tokenomics.
EDDSA Support for Solana Coming in v3.8.0
The upcoming v3.8.0 release is set to introduce EDDSA support for Solana ($SOL), marking a significant protocol upgrade. - Implementation timeline targets release after completion of final testing phase - Feature was initially announced on June 19th as part of v3.8.0 roadmap - Integration will expand cross-chain capabilities *Note: Final deployment timeline depends on successful completion of all testing procedures.*
RUJI Token Launch and Protocol Update
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 for decentralized liquidity provision across multiple blockchain networks.
THORChain Video Update
THORChain released its latest video update, continuing the series from previous releases in December 2024 and January 2025. The protocol maintains its focus on cross-chain liquidity and decentralized trading infrastructure. Key developments: - Enhanced swap functionality across BTC, ETH, BNB, and Cosmos networks - Improved liquidity provider features - Updated borrowing mechanisms The video demonstrates ongoing progress in THORChain's core mission of providing decentralized cross-chain infrastructure.
THORChain Upgrade Enhances App Layer and Node Operations
THORChain's latest upgrade delivers significant improvements across multiple fronts: - Enhanced App Layer flexibility allowing developers more freedom to build and scale - Improved safety and efficiency for THORNode operations - Streamlined developer workflow and enhanced user experience - Updated compatibility with Bitcoin and Ethereum innovations Recent data shows strong adoption metrics: - 30K+ active monthly swappers - 70% new users each month - Growing popularity among small-value transactions (<$1K) - Organic growth without protocol-level incentives The upgrade positions THORChain as both a cross-chain hub and DeFi foundation layer, setting the stage for expanded capabilities including lending, orderbooks, and perpetuals.