Background

Thorchain

Decentralised L1 Liquidity Protocol. Swap, Earn, & Borrow - BTC, ETH, BNB, Cosmos & more. Infrastructure for top wallets & exchanges.

Integrationstwitter

RUJI Token Launch and Protocol Update

Thu 19th Jun 2025
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.

THORChain Video Update

Thu 19th Jun 2025
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

Mon 16th Jun 2025
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.
Community article

THORChain Development Update: App Layer, Node Operations, and Technical Improvements

Thu 19th Jun 2025
**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

Thu 19th Jun 2025
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.
Community article

V3.7.0 Upgrade Vote Nears Completion

Mon 16th Jun 2025
The network upgrade to V3.7.0 is in its final stages, with only seven nodes yet to cast their votes. This follows the successful STRK Staking V2 implementation from March, which introduced validator block attestation and commission adjustment capabilities. Key Points: - Majority of nodes have already voted - Seven votes remaining - Builds on previous Staking V2 upgrade If you're a node operator who hasn't voted yet, please participate to maintain the upgrade schedule.
Community article

Coinbase Wallet Enables Free USDC Withdrawals on Base

Mon 16th Jun 2025
Coinbase Wallet has introduced significant updates to its Base network integration: - **Zero-fee USDC withdrawals** now available on Base network - New feature enables **direct streaming swaps into native BTC** - Users can earn rewards while using these services This development marks a notable improvement in cross-chain liquidity and cost efficiency for crypto users. The integration streamlines the process of moving between USDC and BTC while eliminating traditional withdrawal fees. *Note: These features are currently rolling out to Coinbase Wallet users.*

Rapid Swap Breakdown Announcement

Mon 16th Jun 2025
A comprehensive analysis of Rapid Swap functionality is in development. This detailed breakdown will explore the protocol's key features and mechanisms. - Full technical analysis coming soon - Focus on cross-chain liquidity aspects - Emphasis on decentralized swapping capabilities Stay tuned for the complete breakdown that will help users better understand the protocol's infrastructure and capabilities.

THORChain Community Gets Official Rebrand and Ecosystem Updates

Mon 16th Jun 2025
THORChain and TC Treasury have endorsed a community rebrand led by veteran developers from 2020. The team will now manage official community hubs for THORChain and its ecosystem. Key ecosystem updates: - Rujira Network achieved 50% token merger milestone - Asgardex released v1.30.5 with TCY support - SwapKit team attending Consensus2025 in Toronto - LeoDex launched referral system in beta - RUNEBond introduced real-time performance charts - THORWallet joined Cointelegraph Accelerator program Connect with the community: [Join Discord](https://discord.gg/thorchaincommunity)

New Builders Recognition Update

Mon 16th Jun 2025
The protocol continues to expand its builder ecosystem with another round of official recognitions. This marks the third wave of builder acknowledgments since October 2024, demonstrating steady growth in the development community. Key highlights: - Multiple builders received official recognition - Follows previous recognition waves from October 2024 - Strengthens the protocol's decentralized development ecosystem This ongoing expansion of verified builders helps ensure continued protocol development and innovation.
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