Thorchain

In a recent update from @THORChain, it was announced that over 50M RUNE has been burnt, specifically reaching 63,046,772 ᚱ. This milestone surpasses the previous mark of 2M ᚱ achieved 3 months and 22 days ago.

THORChain's $RUNE ecosystem is approaching an all-time high trading volume, processing over 100M daily. The project's fundamentals are strong, demonstrated by growth in users, liquidity, and features. Despite past issues, the team has proven resilient. THORChain is valued for providing financial freedom and is gaining traction with increasing users and affiliate returns.

THORChain has released a new protocol version 1.128.0 with 4 nodes, while the active protocol version remains at 1.127.2 with 98 nodes. The minimum version required among all active nodes has been highlighted.

THORChain announced that there are no liquidations on their lending platform for users holding $RUNE.

The yield on $DOGE has increased to 31% on THORSwap Savers single-sided staking vault due to higher volatility today, leading to more swaps and increased yield generation.

THORChain's v1.128 update is set to be released in 1.5 days, followed by 1-2 days for node adoption. This update will include burning 60 million RUNE, opening the lending cap, and enabling Trade Accounts.

THORChain announces they have plenty of Bitcoin available.

The outbound fee multiplier on Thorchain has been reduced from 1.5x to 1x, allowing users to pay less on gas fees for every swap. Additional fee improvements are expected in the near future.

Participate in the new Thorchain Swaps trading competition by swapping any coins using Kensho DEX with THORChain as the swap route before March 20th, 14:00 ET, for a chance to win 500 USD. Don't miss out on this opportunity!

Despite facing challenges in the past three years, the Thorchain community is currently aiming for all-time high metrics. The community remains focused and determined to surpass previous achievements.