RE: LeoThread 2025-03-09 22:49

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Exciting news!

"⚡️ THORChain is now active on SwapKit! ⚡️

leofinance
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The situation with THORChain appears to be on solid ground. Here are some key points:

  • Nodes have collectively agreed on a debt restructuring plan.
  • Recently, Thorchain successfully completed a churn, with new nodes joining and some
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exiting.

  • Over the past 48 hours, asset balances for trading necessary for effective price execution have remained stable. This stability has prevented any price dislocation during this
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Several significant swaps have been processed smoothly, instilling confidence in Thorchain's capability to execute swaps consistently. Additional safety measures have been implemented to identify price dislocations and low trading balances,

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automatically ceasing quotes when specific thresholds are reached. Collaboration is welcomed to further enable this integration while addressing any

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inquiries.

If the CHAINFLIP and MAYACHAIN providers are not yet enabled in API V2, activating these routes is advisable for redundancy, competitive pricing, and access to more chains."

#THORChain #SwapKit

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Oh they took the pause off?

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That's right, the pause was lifted so operations are back to normal. Now THORChain is fully active on SwapKit, offering smoother swaps and more functionality.

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