ICYMI 😀 Thorchain is operational again. https://twitter.com/THORChain/status/1586019889235591168?t=GYr4NQ-9H-XSEXgDPLV0jg&s=19

Chain Halt. The new version caused a consensus failure (despite 1.98 running on stagenet). Rough estimate, expect 3 days'ish of downtime as this requires a coordinated restart. More info will be forthcoming, devs are hard at work addressing the issue. All funds safe.

https://medium.com/thorchain/thorchain-ecosystem-update-b455bbc82664

Dropping a video on Synths Vault and POL. It has been a while, I hope you enjoy. 👍 https://youtu.be/Up2-arSzH5k

With sufficient adoption of v1.97.2; the outbound delays have been resolved, and all trading/LPs are now re-enabled! Thanks for your patience! 🙏🙏🙏

Trading and LP halted due to TSS outbound issues. Devs are working to re-enable. 🙏🙏🙏

https://twitter.com/THORChain/status/1573845478659301377 AVAX Rollout Status: The AVAX pool has been created, but the router contract needs another churn to be set What this means: The network cannot process outbound AVAX transactions (Swaps, AVAX ERC-20s, DEX Agg) until the router is set - AVAX.AVAX pool is live and liquidity can be added. All added liquidity is safe, but it is recommended to wait until swaps are enabled to create a new AVAX LP position (2/2)

✅ Pools added: • AVAX.AVAX: 🎉 BECAME ACTIVE!

https://twitter.com/THORChain/status/1573340109281296384

Trading and LP has been re-enabled as it was deemed that no funds are at risk from the TSS vulnerability. Once nodes fully adopt 1.96.2, churn will be re-enabled.

Basically, no swaps, no withdrawals at time being. Funds are SAFU. Timeline to restoration: 24hrs (needs v1.96.2)

This is live until 4-Oct; for those with LUNA/UST pre and post crash snapshot. https://medium.com/terra-money/how-to-claim-your-luna-airdrop-b383d8e0900f

The Killswitch for Erc20 AND Bep2 Rune is HERE!!! Please UPGRADE your Erc20/Bep2 Rune ASAP! ‼️DO NOT DELAY‼️ Erc20/Bep2 Rune will lose its 1:1 redemption value over a year's time. If you do not know how to upgrade use the "#upgrade" prompt in mainchat and follow the instructions. There is no economic advantage or incentive to hold onto Erc20/Bep2 Rune as it does not provide any benefit to the ecosystem. ALSO BEWARE, Erc20 Rune is very dangerous to hold due to smart contract exploits. Do not accept ANY unknown tokens or NFTs as it could likely result in all your funds being drained. Mainnet is here and it's time to transition into what we have always intended to be! 💪 If you are UNSURE which type of Rune you have, check the address: If it's "ethxxxxxxxxxxxxxx" it's erc20, "bnbxxxxxxxxxxxxxx" it's Bep2, if "thorxxxxxxxxxxxxx" it's Native. ♻️PLEASE SPREAD THE WORD♻️ Thank you fellow Thorchads/chadettes! ❤️

🆕 THORChain wallet balance tracking Introducing a new experimental feature of the Telegram bot: THORChain wallet balance tracking. It allows you to receive personal notifications about THOR.RUNE and Synths balance changes on the wallet addresses you are interested in. Instructions 1. 🤖 Visit the bot @thor_infobot Start it if you've never used it before 2. Select "🏦 My wallets" option in the menu 3. Send the bot the address you want to observe 4. Click on the address 5. Press the "Track balance" toggle switch to turn it on 6. [Optional] You can adjust the minimum transaction volume (in Runes) by clicking the "Set min limit" button 8. [Optional] Go back and configure another address if you want. Keep in mind that you need to enable monitoring for each address independently 9. Done! Now wait for notifications 👝 You can find some interesting addresses here. The exceptions are THORChain module addresses. You can't add them because they produce a huge amount of traffic. Feel free to send feedback to me @account1242 👉🏼 https://t.me/thor_infobot 👈🏼

Dev Update for Weeks 144–146, 2 June - 3 July; - Mainnet Announced - THORNames launch, - Gaia coming to Mainnet, - Network and Community Updates https://medium.com/thorchain/dev-update-147-150-74743ccf2a7b

Update from TFL Dev regarding LUNA Airdrop for TC LP we're already working on the airdrop claim mechanism. We'll need a software upgrade to the chain in order to do this airdrop. In terms of plan it'll be something like this 1. Raise gov proposal for software upgrade 2. Raise gov proposal for allocating LUNA from comm pool for airdrops. 3. Open up airdrop claim Interface by end July to mid August 4. User have 1 month to claim For thorchain users, they will be required to connect their terra station wallets that they used to deposit into thorchain to receive the airdrops

THORName is here! 🤩 What's yours? True cross-chain personalized wallet address, powered by THORChain. Own your name, own cross-chain ⚡️ Visit https://app.thorswap.finance/thorname to register and manage your THORName today 💪 Read our medium for all the details: https://thorswap.medium.com/thorname-is-here-whats-yours-26e6c17805e6 THORName Video Guide: https://youtu.be/OToYUp2SqSU

Bi-Weekly Community Recap #21 (June 1 - June 20): THORChain ✨ 🧵 TLDR (15-Points) 1⃣ THORChain achieved MainNet 2⃣ Asgard Vault shared from 3 to 6. 8X increase in TSS throughput. 3⃣ $ATOM went live on StageNet 4⃣ KillSwitch for BEP-2, ERC-20 RUNE to live in ~3 weeks. 5⃣ Cross-chain Expo — First meet up of THORChain ecosystem contributors. 6⃣ Native RUNE gets listed on Binance. THORChain Beginner Video, Learn & Earn, and other events out from Binance. 7⃣ THORNames went live on MainNet. 8⃣ THORSwap new WebApp version releases. $THOR gets listed on Ledger Live. 9⃣ XDEFI Wallet integrated Arbitrum and Fantom chains. 🔟 XDEFI added “live-chat” feature. Team also released a “status page” for transparency on current issues and online status of supported chains. 1⃣1⃣ Rango integrated Moonriver Network. Rango also added $WZNN (Zenon Network) & $GAL (Project Galaxy) to their token list. 1⃣2⃣ Rango added Propel as their strategic partner. 1⃣3⃣ Brokkr Finance moves to Avalanche. 1⃣4⃣ THORWallet released their WebApp. 1⃣5⃣ Swapper Dex — Entry of a new ecosystem project. ❤️/🔄 Spread the word: https://twitter.com/THORNOOBs/status/1540625723958108161 📕 Medium Blog: https://medium.com/@THORNOOB/bi-weekly-community-recap-21-june-1-june-20-thorchain-6a106c10a3c Follow @THORNOOB for more such updates!

https://twitter.com/thorchain/status/1540469906357231616?s=21&t=8lU4kpnlzGSnfyGOuEXOQg

When Mainnet? Its already here! https://twitter.com/thorchain/status/1539757883478491136?s=21&t=2ojfNEzjKjsBZ88As1C5AA

KillSwitch!!! Likely accelerated for Bep2. Now, nodes are voting (40% yay so far, needs 67%) to start killswitch for both ERC20 and Bep2 RUNE at the same time; starting at blockheight 6.5m (roughly 29days from now). If 67% nodes agree by then, killswitch will start and take a year to reduce value to zero. For more info (ignore the part about Bep2 starting 6 months later): https://medium.com/thorchain/upgrading-to-native-rune-a9d48e0bf40f

As of 6/18/2022, Thorchain has officially transitioned into Mainnet from Chaosnet. 👏 The differences between Chaosnet and Mainnet in the immediate term are subtle--as we already have had a working protocol for over a year. 🤯 Going forward, Thorchain will continue to grow and attract TVL by continuing to add new chains and features! Thorchain will function as the "glue" which massively helps connect the entire crypto world together, leading to the merging of different communities which help drive innovation by creating symmetries between the very best crypto currencies in existence. Indeed, we are still very early in this journey. The best days lie ahead! Onwards to Valhalla! 🥳💯💥🔥❤️

Bi-Weekly Community Recap #20 (May 17 - May 31): THORChain ✨ 📕 TLDR (16-Points) 1⃣ Update on Terra chain support and new $LUNA airdrop. 2️⃣ THORFi activities being paused for the time-being. 3️⃣ Single-sided LP model being proposed. 4️⃣ Impressive tweet from THORChain Bull, Chad Barraford, 0xSmith, Pluto(9R) and others. 5️⃣ THORSwap new web app version was released. They also shared their monthly recap. 6️⃣ Rango integrated Solana in their aggregator and partnered with Jupiter Exchange for on-chain swaps with Solana ecosystem. 7️⃣ Rango integrated OptimismPBC. Team also shared their monthly report. 8️⃣ XDEFI did a Website revamp. XDEFI also integrated DOGE chain in their wallet. 9️⃣ XDEFI wallet migrated liquidity to XDEFI-ETH trading pair on Uniswap. 🔟 Shapeshift integrated XDEFI on their app. 1️⃣1️⃣ THORWallet integrated MoonRiver Network and MoonBeam Network in their mobile app. 1️⃣2️⃣ THORWallet is doing 3 Soldier NFT giveaway. 1️⃣3️⃣ Lendscape pushed blogs and twitter threads covering THORFi. 1️⃣4️⃣ ASGARDEX now supports ETH/ERC20s using Ledger. 1️⃣5️⃣ THORGuards partnered with Maya Protocol for exclusive benefits to the THORGuard NFT hodlers. 1️⃣6️⃣ THORGuards collaborated with CryptoDivas for whitelist spots and Hoodies giveaway. ❤️ /🔄 Spread the word: https://twitter.com/THORNOOBs/status/1533515363845304321 📕 Medium Blog: https://medium.com/@THORNOOB/bi-weekly-community-recap-20-may-17-may-31-thorchain-4ef841e3c7d0 Follow @THORNOOB for more such updates!

Dev Update for Weeks 144–146, 13 May - 2 June; - Terra chain to be removed - New ADR process, - Binance to support Native RUNE, - Network and Community Updates https://medium.com/thorchain/dev-update-144-146-23f03df603d6

https://www.binance.com/en/support/announcement/ad8d5f890de44ccaaf5b9a67b9e6e71e?utm_source=AnnouncementTG&utm_medium=GlobalSocial&utm_campaign=AnnouncementBot

📡 COMMUNICATION INITIATIVES OVERVIEW THORChain contributors have taken up various initiatives to keep the community updated on the progress. We have compiled those initiatives (regular or event-based) for community awareness. ❤️/🔄 Tweet: https://twitter.com/THORNOOBs/status/1531769393088442369 📕 Blog Report: https://medium.com/@THORNOOB/thorchain-communication-initiatives-f132a6b28e29 Follow @THORNOOB for more such updates!

Terra Snapshot update for LUNA/UST LPs These are the final lists submitted to TFL. Includes both sym and LUNA/UST asym addresses. Note: airdrop distribution is at later date, details TBA https://twitter.com/thorchain/status/1531057235878625284?s=21&t=gbBKlF2Cb4kfTK2vhxgiDg

Update: Option 3- RAGNAROK of Terra chain has been voted for by the nodes. Ragnarok Summary (so far): - Wait for v1.91 update - Single-sided LPs are refunded first (asym withdrawal with usual slip calcs) - Then dual-sided (sym withdrawals) - ILP will be applied - Synth holders redemption: https://t.me/thorchain_org/466578

THORChain Terra LPers - Terra Fork Snapshots Context Two snapshots of Terra Classic will be used to airdrop Terra Classic holders new tokens on the new Terra Chain. LUNA, UST LPers will be included in the snapshot so their balances will be included in the genesis balances of the new chain! TL;DR If you LPed in a Terra pool on TC, you will have a balance on the new chain. You don't need to do anything, devs will get TFL required data. Proposed Methodology https://docs.google.com/document/d/1NcM7YXhrqcn3Tb1KM-qw7cACsfVRJEEkpp9Ugg0w7jc/edit#heading=h.a0g57ghotl65 (Huge thanks to THORChain.Bull> for driving this with TFL 🙏 )

We’re giving one extra day as it doesn’t seem the Terra hard fork is even scheduled yet.

Real Admins will never DM anyone first! ⚠️🙅‍♂️ Anyone messaging you in DM is a scammer! 🚨 Anyone asking you to DM but doesn't have a "tag" in @thorchain_org chat is a scammer! 🚨 Usually they use Admins' name, or "Help Desk", or "THORChain Support" etc. ⚠️ Beware of fake groups, phishing websites and fake admin imposters. 🙅‍♂️ There is no $RUNE airdrop. If possible, please Report and Block all such messages. - Never share Private Key / Seed with anyone. ❌ - Never click on any giveaway / wallet connect / bug issue link in DM. 🚫 🎥 Watch this video on "Crypto security and privacy best practices": https://youtu.be/aiLvafoyAxk Be cautious, and be safe out there.

Bi-Weekly Community Recap #19 (May 3–May 16): THORChain✨ 📕 TLDR (12-Points) 1⃣ THORChain bug bounty increased to $1 million. 2️⃣ $ATOM, $AVAX & $DASH are likely the next 3 chain integrations. 3️⃣ Kraken listed Native $RUNE. 4️⃣ Terra chain to be purged. 5️⃣ Medium Blogs on a “Call to action for Terra LPers” & “THORChain’s Layer of Security”. 6️⃣ Outbound Throttling reduced significantly. 7️⃣ $vTHOR staking and affiliate fees went live on THORSwap. 8️⃣ Rango Exchange integrated Juno Network and Fuse Network. 9️⃣ Rango organised a $12,000 THORChain trading competition. 🔟 Brokkr Finance shared a vision for 2022. 1️⃣1️⃣ Lendscape publishes an educational series on THORFi ($TOR). 1️⃣2️⃣ THORWallet's Referral program went live. $TGT listed on MEXC Global. ❤️ /🔄 Spread the word: https://twitter.com/THORNOOBs/status/1527799476785926144 📕 Medium Blog: https://medium.com/@THORNOOB/bi-weekly-community-recap-19-may-3-may-16-thorchain-2ce48f5c1270 Follow @THORNOOB for more such updates!

Withdraws for Terra Enabled. Refer to Pic Above!

The very latest regarding Terra https://medium.com/thorchain/call-to-action-for-terra-lpers-fef51496568e

** New Proposed Mimir to Update LP Records ** After a great number of discussions, it seems like this decision should ultimately be left up to the Node Operators, and there will be a vote on the following new proposed mimir: EnableUpdateMemo-TERRA Instructions will be sent with the 1.89 Release. A vote of 1 will enable a new Update memo to be processed on the Terra chain, allowing LPs to update their record. The default value for this will be 0, leaving the system as currently implemented. Just to recap, once 1.89 is live and LP Actions are enabled on Terra, Terra-RUNE LPers will be allowed to leave the same way they came in. For asym UST/LUNA LPers, this leaves them unable to withdraw their current rune LP share without converting it to UST/LUNA. This is because the LP Record for them only has a terra address, and the system can't currently update an LP Record for security reasons. Note that this has mostly been a feature, not a bug of THORChain, and there has been an attack in the past that allowed an attacker to maliciously update an LP record. attacker to maliciously update an LP recSon of Odin and others have expressed concerns about opening up this ability, and we should all take time to consider that this has intentionally not been added up until this point. That being said, this exact feature was filed as an issue a month ago, and it would be quite helpful in general: https://gitlab.com/thorchain/thornode/-/issues/1272 Naturally, if this passes, all eyes will be on it and do absolutely everything that can be done to ensure it is implemented correctly, but we should all be aware this does open up new surface area, and there is time pressure here. 48 Hour Deadline to Vote Given the May 26 fork deadline for Terra, the protocol needs to move quickly on any solution here. If consensus isn't reached within 48 hours, this will not be considered as part of the TC Terra plan (but may be used in the future).

Terra Update * Nodes at tip ✅ * Enable Terra Signing ✅ * 1.89 Released ⏳ * Enable LP Withdrawals ⏳ * 1.90 Release ⏳ * Purge TerraChain ⏳

Community Memo Terra Chain Update Projects fail because of Central Planning. THORChain will ultimately fail if it cannot shed central planning aspects, such as mimir, Devs and treasury. It will be fake-decentralised. For everyone involved and looking for problems-solutions please frame your perspective with a simple question: "how can we solve this with the minimum involvement from mimir, Devs, treasury, instead stick to the principles THORChain is built on: codified network rules." The network auto-paused. Devs identified that toxic arb can drain all the rune in the pools. Because this puts funds-at-risk to LPs, only 1 change has been rolled out: block toxic arb. When the chain is unpaused, no other changes, input or central planning is required. Thus this is now the template for the community to navigate future chain-implosions, which is a non-zero risk at all times.

Latest Terra Update V1.89 is being prepped for release. Terra will be turned on once upgraded. The txOut queue will be processed. Toxic arb will be blocked, saving 5m RUNE for LPs LPs will be given 7 days to withdraw. Trading will then be turned on to empty the vaults. Terra will be purged from the network. If you have LUNA/UST you will have time to get it back to your wallet for the May 27 Terra v2 Launch Snapshot. Note: subject to change. Just keeping everyone up to date.

It’s complicated. Prices are frozen on TC. Here is the latest: Likely Terra Plan Plan is changing, but this is the latest one. 1) V1.89 includes pauseAssymLP which combined with pauseTrading will stop toxic arb flow. Note: It has *no* change to LPs being able to exit, it simply mandates they leave the way they came in, which is fairest and stops LPs attacking other LPs. This has been explained ad-nauseam. 2) Terra LPs given a week+ to leave with their capital. The TC treasury with it's $2m+ bootstrap liquidity position, WILL be leaving. Do with this info what you will. 3) If TerraCommunity roll out a hard fork/recovery plan it will likely be followed. 4) If TerraCommunity do not promptly roll out a recovery plan within 2weeks (ish), the chain will be abandoned. This includes ragnaroking all Terra LPs their RUNE capital and quitting the chain. Note: LUNA,UST assets will *not* be returned since chain in unknown state, only RUNE refunded. Exit Options > RUNE-SIDED: I entered with just RUNE: you will exit with just RUNE > DUAL-SIDED: I entered with RUNE+LUNA, or RUNE+UST: you will leave with RUNE+LUNA or RUNE+UST > ASSET-SIDED: I entered with just LUNA or just UST: you will leave with just LUNA or UST The last one seems unfair, what's up with that? 1) The state machine does not have a THOR address for those users, so cannot give them RUNE 2) Those members are still getting their capital back, it's what they put in 3) THORChain is still neutral to the chain and the asset

RECORDINGS: Discord Stage: https://www.youtube.com/watch?v=ksFrpzUe4j8 Twitter Space: https://twitter.com/THORChain/status/1524944457841393674 Current plan will change with the evolving situation: 1) Thornode version 1.89 Release (includes new mimir command) 2) 100% of nodes adopt 1.89 - takes 24-48 hrs 3) Enable mimir to allow symmetric LP withdrawals ONLY. Assymetric withdrawals and trading suspended (to keep pool balance to let LPs withdraw their RUNE) 4) Allow a few days for LPs to withdraw symmetric withdrawals 5) Enable trading and assymetric LP actions ILP still applies to withdrawals as it is covered on THORChain. Please use this resource to fully understand ILP: https://crypto-university.medium.com/impermanent-loss-and-impermanent-loss-protection-a4a0f78d1701 If you are awaiting a refund or outbound, it will not be processed until trading is re-enabled. If terra forks, stops producing new blocks, or there are further things to consider, the plan will change. Any changes will be announced in this server and socialized on twitter. Other options are being considered as well to protect LPs. NOTHING IS FINAL

Btw, just saw this.. On ETH Chain We've seen a report that certain websites like CoinGecko, Etherscan, DexTools and probably others may have been targeted by some kind of attack. The attack is opening up a Metamask popup window trying to make you approve a bad contract that will most likely drain your entire wallet, therefore, in case of an unwanted Metamask popup, make sure you close all of the tabs in your web browser and as always, be careful about signing any permission/approval requested by any websites. It doesn't affect everyone but in an abundance of caution everyone should be careful and make sure to read every MetaMask popup very carefully (or any other wallet).

THORSwap is currently experiencing performance issues. Service is temporarily degraded. Looks like too many people using TS.

THORChain Dev Update #140-#143, 25 Apr - 12 May; - LUNA and UST Pool Update - THORNames, - Milestone Update, - Network and Community Updates https://medium.com/thorchain/dev-update-140-143-1944a3a33d70

From Orion9R: Quick Update for LUNA, UST LPs THORChain is neutral to the assets on it, as long as they are not malicious to the Protocol. There is no reason for nodes and Community to not continue to support the chain and afford it it's privileges, such as Impermanent Loss Protection. Due to recent events, Luna and UST LPs have incurred substantial Impermanent Loss. THORChain provides Impermanent Loss Protection (ILP) to liquidity providers to help mitigate risks to providing liquidity on THORChain. Rune from the Protocol Reserve funds this coverage. Luna and UST pools are miss-priced due to Terra halt. Using market prices (coingeko) the following liability can be calculated: Current ILP Liability for THORChain UST: 108,556 RUNE LUNA: 203,522 RUNE TOTAL: 312,078 RUNE Current Reserve Balance 111,312,196 RUNE (Standby Reserve: Additional 60,000,000 RUNE) Terra ILP Liability 0.28% of Current Reserve. Even in extreme circumstances THORChain’s design can mitigate impacts to LPs ⚡ 💪 Terra is still halted. Expect more updates as the situation develops. 🫂 🌙 Thanks for your patience in these crazy times. script: https://gist.github.com/olegpetroveth/5e48c39e1a04c533c81ce168885854fa More on how THORChain ILP works: 1. https://docs.thorchain.org/thorchain-finance/continuous-liquidity-pools#impermanent-loss-protection 2. https://medium.com/@crypto-university/impermanent-loss-and-impermanent-loss-protection-a4a0f78d1701

✅ Heads up! Trading is resumed on the TERRA chains!

🚨 TERRA HALTED 🚨 Due to high block times (up to 30 seconds) on Terra and unprecedented network activity, many THORChain validators running Terra fullnodes are falling behind from sync. THORChain is a decentralized and non-custodial. Trading requires the majority of nodes to be observing chains at 100% sync at all times. Since it appears the majority of nodes are not sync'd, a double spend may occur. As such, trading will remain halted on Terra until the nodes catch up. Sync status for each chain can be found here: https://thornode.network/

🎮The Crypto market is not fun these days. Let's have some fun with the "God of Thunder" trading competition. ⚡️Participate in the Thorchain competition and win a share of $12,000. 🕑The competition will be held from 9th May at 00:00 am UTC until 19th May at 00:00 am UTC. 📜The rules of this campaign are very straightforward: 🔹Follow our Twitter and retweet our competition pinned post. 🔸Your trade can start from any blockchain, but it must go through Thorchain. 🔹 We will add a leaderboard to see the top users and total volume done by our users. 🔸The total prize pool ($10,000) will be shared between the top 5 places and $2,000 for 10 random users. 🔹All prizes will be awarded in $UST. Rewards will be distributed at the end of the competition. ⛔️We will drive out suspicious behaviors while awarding the prizes to make the contest fairer, such as the bot trading.☣️ More details: https://cutt.ly/TC_contest

Wen Mainnet? 1. No date is set. 2. It will trigger the start of the kill switch, so upgrade non-native RUNE now. 3. See Mainnet update in https://medium.com/thorchain/dev-update-139-140-5ffcb482d3f2 4. See what to expect in this video https://youtu.be/JGBxcQCz9-U 5. Some opinions: https://t.me/thorchain_org/450915

Midgard issue has resolved, normal use and operation may resume. 👍

Thorchain is having some technical issues which is causing some slowing of the network. Recommend reframing from adding/removing LP until an update is announced. Swaps should function normal, but data display may not be accurate.