RE: LeoThread 2025-06-20 15:45

Here's the latest update from Maya Protocol this week:

🥁 v119 is now live
After the ETH and ARB stir following Ethereum’s backdrop, a rapid, streamlined update was rolled out over the weekend to keep things moving smoothly—no

unnecessary extras, just what’s needed.

More significant updates are on the horizon...

⚡️ v120 is arriving next week
This update includes Zcash along with several key features that didn’t make the cut in v119, signaling a swift return to progression.

🔄 A churn took place,

though LP migration remains pending
Despite the upgrade's timing challenges, the migration is in progress.

Soon, unbonding and fund transfers will resume. Your patience is appreciated.

Next churn will serve as an airdrop snapshot
Participation in this or the previous churn means the upcoming snapshot holds significance.

🎉 TCY has celebrated its first week
A significant milestone for the THORChain ecosystem, with

RUNE regaining attention and sparking a ripple effect—it’s just the beginning.

🧠 Focusing on performance improvements
Efforts continue to make Maya leaner, faster, and more competitive.

Here's the current process:

At present, each transaction (whether incoming or outgoing from a vault) prompts every validator to send a separate observation message to the chain, resulting in unnecessary load due to hundreds of

messages.

🔄 With the new THORChain update (Bifrost)
Validators now combine efforts, with 67% signing a single message to streamline the process.

Fewer messages mean faster block times. ⚡️

⚡️ Block time has been reduced to 2 seconds
This leads to more blocks for faster arbitrage and a threefold improvement in the depth or speed of streaming swaps.

Maya pools just received a significant boost 💪

📈 Additional updates are planned for enhanced competitiveness
Efforts include creating redundancy for the ETH ↔ BTC route and ensuring optimal performance across other supported

chains.

🪄 In summary:
• Zcash is on its way
• More system refinements are underway
• LP migration is coming
• Airdrop snapshot is planned
• Streaming swaps are receiving a major upgrade

A full session with all the details is

available for those interested."

I am looking forward to all that is built on Maya. We are going to see perpetuals built on there.