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THORChain Network Update
3.21 is finally cut! It ships a ton of network fixes and should bring the network back to full functionality, plus a long-requested feature.
Upgrade halt height: 28,366,100 (approx. Fri Oct 23, 13:40 to 15:20 UTC)
🧵👇
THORChain retweeted
THORNode CI, one month later 🧵
We rebuilt the pipeline that tests every change to THORChain. It now runs 3× as many jobs, finishes 4× faster, and expands the way we tests the code.
The numbers 👇
claude.ai/artifact/NTKhSNijW…
⚡THORChain Podcast | Protocol Update with Co-Founder @Cbarraford is today at 2PM EDT / 6PM UTC.
Hosted by @KentonC137 and @patriotsounds.
Jump on stage and ask your questions live:
riverside.com/studio/thorcha…
Who needs financial privacy first?
@KentonC137 and the panel weigh in on @NullMaskio 👇
⚡ Schedule change: our podcast with the @zodl_app team moves to this Friday, October 23, at 11AM EDT / 3PM UTC.
@KentonC137 and @patriotsounds sit down with the team behind the Zcash-powered mobile wallet.
Jump on stage and ask your questions live: riverside.com/studio/thorcha…
Burning takes $RUNE out of circulation and stops there.
Protocol-Owned Liquidity takes it out of circulation too, and keeps it working.
Every block, 20% of THORChain's system income goes into the pool that earned the most fees for its depth over the last 3 days. Arbs pair the RUNE with the token on the other side, so the protocol ends up holding RUNE and $ZEC, $TRX or whatever else swappers want most.
That position does three things a burned token can't.
-It earns swap fees.
-It deepens the pool, so swaps get better prices.
-And it buys the dip: when $RUNE drops against the paired token, the position trades part of that token for more RUNE, automatically.
The full v3.21 breakdown is live on the blog.
👇
blog.thorchain.org/thorchain…
The first week of @SwapKitPowered 's rev-share is in. Early days, but it turned out better than expected.
@CBarraford breaks it down 👇
Anyone can integrate THORChain and earn. ⚡
🚨 Affiliate fees earned by @THORChain integrators just crossed $50M.
@TrustWallet leads with $18M, followed by @THORSwap at $9.1M and @Ledger at $8M.
Integrate THORChain and earn a piece of the next $50M.
⚡️ Update 10.19.26 ⚡️
Countdown checklist to $XMR being live for trading on @THORChain
✅ chain code live
✅ Daemons live
✅ 3.21 cut and approved by nodes
⌛️ 3.21 live on the network (Friday 10.23)
⌛️ 3.21.1 cut - NEW
⌛️ 3.21.1 adopted and live - NEW
⏳ Bifrost activated
⏳ Vault created via churn
⏳ Pool seeded with tiny liquidity
⏳ Successful swaps
⏳ Make sure everything is working smoothly in production
⏳ Treasury deepens liquidity to $50k
⏳ POL deepens liquidity over time
Slowly but surely it's getting closer
$RUNE
Countdown checklist to monero:native being live for trading on @THORChain
✅ chain code live
✅ Daemons live
⏳ Upgrade to 3.21
⏳ Bifrost activated
⏳ Vault created via churn
⏳ Pool seeded with tiny liquidity
⏳ Successful swaps
⏳ Make sure everything is working smoothly in production
⏳ Treasury deepens liquidity to $50k
$RUNE
From last week's marketing update: the quarterly report, the next wallets for swap.thorchain.org, and more.
@KentonC137 walks through it 👇
THORChain shares 20% of the fees on @SwapKitPowered swaps, and SwapKit turns it into cheaper quotes.
In its first 12 days, SwapKit routed $18.58M through THORChain, up 24% on the 12 days before. More routed volume means more fees shared, which funds more discounted quotes.
Early numbers. The coming weeks will tell more.
THORChain retweeted
The next @THORChain upgrade is being voted on right now.
What's inside v3.21.0?
→ Security patches
→ @monero signing hardening
→ @Zcash v6 signing support
→ @solana reliability upgrades
→ UTXO double-pay protection
→ Swap queue optimisations
→ Affiliate & swap accounting fixes
→ Node & vault migration safeguards
Target: about Fri Oct 23.
Another step closer to $XMR.
$ZEC
An outbound matching issue caused a vault slash. No funds were lost, but trading stays halted until the fix ships in 3.21.
App Layer
3.21 ships several App Layer fixes that patch the recent FIN contract exploit on @RujiraNetwork. This lets the App Layer be unhalted.















