There is an active discussion currently taking place regarding the future of low bonded nodes within the THORChain network. Specifically, Slambammer has put forward a new proposal to address whether these particular nodes should continue their participation. We invite you to review the full details of the submission below.
Our Community Livestream begins in exactly 1 hour, and you are warmly invited to join the broadcast. We are excited to host @zano_project to highlight how they deliver privacy by default directly on chain. Be sure to tune in and connect with us.
Make sure to tune in today at 10AM EDT, which is 2PM UTC, for our Community Livestream. We are delighted to welcome @zano_project as our guest for this session. Together, we will delve into the topics of private tokens and privacy L1 technology, while also exploring the practical realities of developing cutting edge dApps. We look forward to seeing you at the event.
Experiencing the highest level of security for your cryptocurrency is now possible because you can execute trades directly from a hardware wallet without ever interacting with a web interface. This breakthrough is driven by memoless swaps, a feature that eliminates the need to link your wallet entirely.
Currently, participating in DeFi generally forces users to connect their wallets directly to a website. This standard procedure brings along MetaMask approval prompts, the necessity of granting access permissions, and a heavy reliance on the assumption that the front end of the platform is secure. Consequently, every single web connection creates an additional risk surface where vulnerabilities can be exploited.
THORChain has reimagined this process through its memoless swaps. Rather than requiring a website connection, the protocol allows you to simply transfer your funds directly to a THORChain vault address. The network independently identifies the incoming deposit, completes the exchange, and subsequently routes the newly swapped asset from the associated vault right back to your designated receiving wallet.
Our upcoming THORSDay broadcast is set to begin in exactly 1 hour. If you have not yet had the opportunity to explore the THORChain dashboard provided by @MessariCrypto, today is the perfect time to review the information and get up to speed. We warmly invite you to tune in and join the session.
The fundamental purpose of our system is to ensure your complete privacy. Although the network is actively maintained by more than 100 node operators, exactly 0 of them will ever know your name. Delivering this absolute level of anonymity is precisely what the platform was designed to achieve.
The newly released THORChain Spotlight Dashboard from @MessariCrypto is now available, offering a centralized location to monitor ecosystem growth, token performance, trading activity, and liquidity.
To dive into everything this tool has to offer, we invite you to join our live discussion today for THORSDay. The conversation kicks off at 2PM EST, which is 7PM UTC. We look forward to exploring these latest developments with you.
Our next THORSDay event is happening tomorrow. We are excited to share our thoughts on the newly released THORChain Spotlight Dashboard from @MessariCrypto. Please join us for a discussion that will feature recent protocol updates, an interactive Q&A session, and plenty of other exciting topics. We cannot wait to connect with everyone there.
It is striking to observe how the requirement to prove your identity just to use your own funds has become standard practice. In contrast, here is a demonstration of a permissionless exchange moving from $BTC to $ETH with absolutely no paperwork involved.
We are pleased to announce that Solana swaps have returned to operation.
Here is an overview of the key developments from the past week:
The most significant update comes from @THORChain, which has officially resumed Solana swaps following the release of v3.16.
In software releases, @asgardex has distributed version v1.42.1. This update successfully reactivates $SOL swaps and delivers widespread performance upgrades. Users will also notice improved wallet control specifically for Bitcoin and various UTXO chains.
A new interface option has arrived with the launch of THORDEX by @thordex_ipfs. This platform serves as a self-hosted, decentralized web UI built exclusively for @THORChain and offers a 0% fee structure.
Regarding wallet support, @EdgeWallet has integrated $NYM. Users can now manage their Nym tokens alongside other assets within a single wallet environment while maintaining full control.
Partnerships were also a highlight, as @ShapeShift completed an integration with @yield_xyz. This development permits users to access major DeFi protocols and stake assets across multiple chains without ever leaving the platform.
Validating its cross-chain capabilities, @symbiosis_fi has secured a position on the popular sites list within @MetaMask, the largest Web3 wallet application.
Finally, @RujiraNetwork has updated the nomenclature for two of its products to improve clarity. RUJI Pools has been retitled RUJI AMM, and RUJI Lending is now called RUJI Money Market. Please note that these are strictly name changes, and no underlying functionality has been altered.
This concludes the weekly update for the THORChain ecosystem. We look forward to connecting with you again next week.
If your project was omitted from this summary, please send a DM so we can ensure it is included in the next recap.