TCU THORChain Updates (May-Jun 2024)
In this series, TCU aims to give regular condensed “state of THORChain” updates. Enjoy!
In this series, TCU aims to give regular condensed “state of THORChain” updates. Enjoy!
1. V1.132 Updates
On 6-May, v1.132 update was pushed, which brought some important fixes:
2. EVMs (BSC, AVAX) Non-Observance Issues
While v1.132 was being rolled-out, a bug in the patch caused some EVMs (BSC & AVAX) non-observance issues, leading to stuck transactions. Upon quick alerting from community members, quick investigation by community devs, and quick action by Node Operators, a “make pause” was executed to prevent the issue from escalating further. Core devs then had time to investigate deeper, and fully resolve the stuck transactions <12 hours later.
3. Bitcoin Cash and ATOM Gaia Hardforks
On 15-May, Bitcoin Cash and ATOM Gaia chains were paused temporarily to accommodate for their hardforks.
On 6-June, ATOM Gaia chain was paused temporarily to accommodate for its hardfork.
4. Fireblocks Enabled Support for RUNE
On 15-May, Fireblocks announced support for RUNE. Fireblocks is the platform of choice for institutions — now bringing MPC support to THORChain. This paves the way for institutions to securely bond to a THORNode, provide liquidity, or hold. https://x.com/THORChain/status/1790849359522701618
5. Trade Accounts Enabled
On 10-Jun, a new THORChain primitive, Trade Accounts, were enabled.
- Launch article on Medium: https://medium.com/thorchain/trade-assets-on-thorchain-f26b5104697a
-GrassRoots Crypto YouTube explainer: https://youtu.be/7v5x0vhjcao?si=6R6UErrvJfQ-TkYv
- An early dashboard: https://thorchain-trade-assets.replit.app/
Immediately after the launch, Midgard price calculations needed to be re-coded to account for the Trade Accounts mechanics; which was resolved in Midgard 2.22.3.
6. ADRs 14, 15, 16 & 17
In Jun, four ADRs were proposed:
- ADR 14: Scale Savers Yield
- ADR 15: Refund BEP2 Synths Positions
- ADR 16: Affiliate Rev Share
https://gitlab.com/thorchain/thornode/-/merge_requests/3592
- ADR 17: Burn System Income
https://gitlab.com/thorchain/thornode/-/merge_requests/3618
7. Binance Smart Chain (BSC) Observance Issue
On 20-Jun, a BSC observance issue was encountered. A few alert nodes used the Node Mimir functionality to halt trading on BSC. After an update was pushed, the Node Mimir was again used to enable trading.
8. EVM Contract Whitelist has been Disabled in Mainnet
On 27-Jun, the EVM contract whitelist was disabled.
Context: https://x.com/jpthor/status/1806506065569452397
===
Feel free to hop into the TC University Discord to chat about this, or any other THORChain questions that you may have.
*New!* The Bifröst School: A robust, incentivized learning program focused on teaching users the mechanics, design, and features of THORChain.
Explore THORChain: Website, X, Telegram, Developer Discord.
Explore Maya Protocol, the first friendly fork of THORChain: Website, X, Discord, Telegram.
Decentralized, permissionless, non-custodial, trust-minimized, open-sourced, economic-secured, non-wrapped, native-to-native cross-chain swaps, savings and lending!
