Ecosystem Recap A Look Back at Last Week
Major Network Developments
We are thrilled to report that THORChain v3.21 is now live. With this release, bond providers will begin receiving streaming yields during every churn as soon as nodes activate the feature. Furthermore, the return of Solana fee sampling has successfully paved the way for $SOL trading to resume. Developers have also been laying additional groundwork for Monero in preparation for the upcoming v3.21.1 update.
In parallel, the application layer for @RujiraNetwork has been brought back online following a recent upgrade and the CosmWasm unhalt. Upon this restoration, a lump sum of approximately 192K $RUNE in accumulated rewards was distributed directly to bRUNE stakers. At the same time, RUJI stakers benefited from 21K $RUNE in protocol revenue.
Recent Rollouts and Milestones
The ecosystem also celebrated significant milestones and product updates. Setting a new high water mark, @SwapKitPowered experienced its best quarter on record. The platform generated $1.82B in Q3 volume, marking a substantial 36.5% increase over Q2.
On the software side, @asgardex deployed version v1.47.0. This major update equips users with bond management resources for @RUNEBondApp and introduces both limit and market trading functionalities directly onto the pool chart. Additionally, this version brings $ZEC swaps to THORChain.
Lastly, regular trading activities have been fully restored on @Maya_Protocol. This follows their successful launch of v135, which served as the ultimate step in executing their Network Recovery Proposal.
Major Network Developments
We are thrilled to report that THORChain v3.21 is now live. With this release, bond providers will begin receiving streaming yields during every churn as soon as nodes activate the feature. Furthermore, the return of Solana fee sampling has successfully paved the way for $SOL trading to resume. Developers have also been laying additional groundwork for Monero in preparation for the upcoming v3.21.1 update.
In parallel, the application layer for @RujiraNetwork has been brought back online following a recent upgrade and the CosmWasm unhalt. Upon this restoration, a lump sum of approximately 192K $RUNE in accumulated rewards was distributed directly to bRUNE stakers. At the same time, RUJI stakers benefited from 21K $RUNE in protocol revenue.
Recent Rollouts and Milestones
The ecosystem also celebrated significant milestones and product updates. Setting a new high water mark, @SwapKitPowered experienced its best quarter on record. The platform generated $1.82B in Q3 volume, marking a substantial 36.5% increase over Q2.
On the software side, @asgardex deployed version v1.47.0. This major update equips users with bond management resources for @RUNEBondApp and introduces both limit and market trading functionalities directly onto the pool chart. Additionally, this version brings $ZEC swaps to THORChain.
Lastly, regular trading activities have been fully restored on @Maya_Protocol. This follows their successful launch of v135, which served as the ultimate step in executing their Network Recovery Proposal.
