Thorchain

Collateral is continuously being deposited into Thorchain (TC), causing the caps to increase due to the reflexivity of the RUNE:L1. The trend of increasing caps indicates a continuous influx of collateral into the platform.

#asgardex aims to reward users based on user growth, with sub $500 trades now affiliate free on both Maya Protocol and Thorchain. A new version of Asgardex is set to be released soon. :rocket:

$442 million in volume has been recorded on $426 million in liquidity, reaching All-Time High numbers. However, the goal of surpassing $1 billion in volume is yet to be achieved.

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.