THORChain's Monero integration awaits v3.21.1 release while the team evaluates 2-second block times and SwapKit revenue-sharing model.
Tech & Launches ·
THORChain's Monero integration is contingent on the release of version 3.21.1, which the team expects to finalize next week once two additional pull requests merge. The protocol's churn mechanism, currently paused to address issues resolved in v3.21, must resume before Monero can go live. The exact confirmation count for Monero transactions remains under research, though the team is evaluating a higher threshold to mitigate reorg risks, balancing security against transaction speed at launch.
In parallel, THORChain is converting block time into an adjustable parameter that will allow the protocol to scale down from 6 seconds to 2 seconds incrementally without requiring a new binary release. This approach enables the network to step back up without deploying new code if needed. SwapKit's revenue-sharing model continued to show returns in its second week, generating $3.72K in fees while spending $841.60 in credits—a 4.4x return that remained stable even as credit spending doubled.
A separate governance thread has emerged: roughly 20% of nodes have begun voting to end rewards to liquidity pools, though there is disagreement on whether to redirect capital toward protocol-owned liquidity instead or pursue a formal proposal process. Additional chain integrations remain in the queue, with Substrate-based chains, Bittensor, and Dash named as priorities following Monero.