Thorchain

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.

A Layer1 DEX Fund is being set up to invest in ecosystem teams such as THORChain, Chainflip, Maya Protocol, and SeraiDEX. This initiative aims to leverage the strong potential of the cross-chain collaboration. Those interested can send a direct message for more information.

Thorchain highlights a successful $1 million swap executed at 3 basis points, showcasing the platform's efficiency as a global settlement layer for native assets. The platform aims to continue improving with features like trade accounts, order books, and rapid swaps.

The value of corn has risen to $54k, resulting in an increase in native BTC in the THORChain Pool from ~480 to ~1,260. THORChain is solidifying its position as the native BTC Rails.