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Maximum confirmations required for a BTC deposit has been reduced from 3 to 2 ā
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ā”ļø $XRP is coming to THORChain - and itās a bigger win than you think. On April 11th, XRP went live on THORChainās stagenet. This milestone integration led by the @strangelovelabs and @ninerealms_cap teams is a gigantic win for our community. Because this deployment is one of the final phases before full mainnet activation, expected imminently. Its implications extend far beyond technical novelty, so hereās what you need to know.
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State of the Network 27/04: THORChainās Node Network Rebounds Stronger Than Ever The sunset of ThorFi, the Bybit hack, and a radical shift away from inflationary block rewards could have been a breaking point. For many protocols, it would have been. But for THORChain? It became a stress test = one the network passed with resilience and growing conviction. ā”ļøTodayās network state shows something simple but very profound: When incentives shrink and stress hits, true belief steps up from chads! Now letās dive into the numbers behind THORChainās recovery ā”ļøRevenue Reset: The Move to Real Yield A few months ago, THORChain made a cool change-up: Block rewards (inflationary emissions) were removed. Node Operators now earn solely from liquidity fees! Now thatās real, protocol-driven activity. If youāre thinking this is just a payout change = No way! This is a gigantic shift from āget paid for securing blocksā ā to āget paid for growing the ecosystem.ā Real work for real rewards. Shoutout to chad @rykcrypt !
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From Shutdown to Showtime: How THORFiās Sunset Gave Birth to TCY, the DeFi Token You need To Know About What do you do when your protocol hits the brakes, the community panics, and ārugā rumors start flying? If you're THORChain - you build. What happened with the THORFi was a moment of reckoning. Lending and Savers features were suddenly frozen when node operators activated a circuit breaker in response to rising protocol risk. It was swift. It was dramatic. And many got worried. āIs THORChain insolvent?ā āIs this the end?ā āDid I just get rugged?ā But they missed one crucial fact: THORChain is profitable. One of the rare DeFi protocols actually generating real, on-chain revenue. The circuit breaker wasnāt a death blow, it was a lifeline. A high-pressure valve releasing before real damage could occur. And from that turbulence, something pretty incredible emerged.
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Mainnet upgrade to v3.5 is scheduled at block 20940000 estimated at 1 May 2025 at 3pm UTC TCY is included in this update, but will not be enabled until Monday, May 5th
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