THORSwap Announcements

🔐 New Wallet Interface: PassKeys Wallet by Exodus

Seamless Web3 🤝 Multi-chain Future is here! 🔥

THORSwap has integrated Passkeys Wallet by Exodus, a powerful self-custody multi-chain wallet managed with your device’s Face ID, Touch ID, PIN, or password. This means no downloads, no accounts, no email or SMS verifications, and no need to remember private keys or recovery phrases.

With Passkeys Wallet on THORSwap, anyone can set up a self-custodial crypto wallet in seconds directly within the dApp. Create a wallet with 1 click, secure it with biometrics, and fund it in just a few taps—all inside THORSwap 💪

Experience the power of Passkeys today by selecting Passkey under “Instant Wallets” during Wallet Connection on app.thorswap.finance

🧠 More info on PassKeys: https://exodus.com/support/passkeys-wallet-faqs
📰 Learn more on Medium: https://thorswap.medium.com/thorswap-integrates-exodus-passkeys-wallet-the-seamless-solution-for-web3-19f51bfe71a6
📣 Share the news: https://x.com/THORSwap/status/1845822748834345049

📢 New Chain Integration: Solana $SOL
GM☀️ The wait is finally over! Solana is now supported on THORSwap, Powered by SwapKit.dev x Chainflip.io.

Experience seamless cross-chain swaps with $SOL ↔️ Bitcoin, Ethereum, Arbitrum, Polkadot & more! Explore one of the most exciting Web3 ecosystems with incredible speed and low fees, or swap $SOL <> $BTC natively in a seamless, non-custodial manner - no more wrapping needed.

Assets currently supported include Native $SOL as well as $USDC (SPL). We're also pleased to launch support for Phantom Wallet on THORSwap. Connect your Solana wallet via Phantom or Keystore (more options in development).

Try it today 👉 https://app.thorswap.finance/swap/BTC.BTC_SOL.SOL

📰 Learn more on Medium: https://thorswap.medium.com/solana-arrives-on-thorswap-a-new-frontier-for-cross-chain-defi-%EF%B8%8F-213cc2f7d47f
📣 Share the news: https://x.com/THORSwap/status/1839850646230765914

THORChain Loan Closure now available

It is now possible to close THORChain loans on https://app.thorswap.finance/lending/. Thank you for your patience.

📢 New Chain Integration: Radix $XRD

GM everyone! Radix, an innovative L1 blockchain has been integrated via Maya Protocol! ✔️

Experience a radically different Web 3.0 🌐

Seamlessly swap $XRD ↔️Native Bitcoin, Ethereum, and more on app.thorswap.finance.

Powered by SwapKit.dev, this integration unlocks significant liquidity and offers seamless cross-chain swaps for Radix users.

But that’s not all! THORSwap also supports swaps for Radix long-tail assets like $HUG, $EARLY, $CAVIAR, $OCI, and 788+ tokens via liquidity on the Radix DEX CaviarNine.

📰 Learn more on Medium: https://thorswap.medium.com/thorswap-integrates-radix-via-maya-protocol-2b6dfd294680
📣 Share the news: https://x.com/THORSwap/status/1834242728949154161

Introducing: Crosschain Crusaders 🔥
We've partnered up with contributors from across THORChain, Chainflip, and Maya Protocol to bring crosschain swaps to as many places as possible!

The Crosschain Crusaders group has one goal: get cross-chain swaps in as many crypto projects as possible. We'll try to achieve that by combining our communities to promote the integration of cross-chain swaps through SwapKit

SwapKit.dev is the one stop SDK + API solution that combines the cross-chain swaps of all three cross-chain protocols, + aggregation to EVM major DEXs. Several big projects, such as LiFi, BitPay, OKX Wallet and many more have already integrated SwapKit for cross-chain swaps. By integrating SwapKit into a dApp, the dApp will benefit from the decentralised and permissionless swaps available on THORSwap today.

History and experience have shown us that a strong community can have a great impact for obtaining new features in dApps and Wallets. That's why the Cross-Chain Crusaders was born!

Every week, we'll highlight 3, maybe 4 project we'll target for them to integrate cross-chain swaps through SwapKit. We'll tweet, reply and like to get as much engagement as possible, in the hope to convince a project to integrate 💪

If you want to contribute to the future and the success of decentralised and permissionless cross-chain swaps, make sure to stick around then and join the Crosschain Crusaders!

We'll share tips, example tweets and the first targets soon.

Invite link 👉 https://t.me/crosschaincrusaders

📣 Token 2049 Week | Singapore | September 16-22

SwapKit will be showcasing at Token 2049 week in Singapore! 🇸🇬

📍Visit SwapKit at Token 2049
Level 4, Booth M231 | September 18-19

👋 Or say hi at Polkadot Decoded Asia (Sep 16-17) or Solana Breakpoint (Sep 20-21)

Book a meeting in advance: https://calendar.app.google/M692ENbevUpHgLCJ6

⚠️ Scam Alert!

Please be aware of these fake ads on Telegram. There is no THORSwap Airdrop or THORSwap Telegram group (other than this announcement channel) - do not click and please report!

Stay safe! 🙏

📣 August #THORBURN complete!
🔥3,172,983 $THOR BURNED 🔥

Total August Volume: $364,796,135, consisting of:
THORChain $332.11M
Maya Protocol $24.54M
Chainflip $8.15M

This was 3.57x of $102M of the August volume target!
https://etherscan.io/tx/0x63ffb40d9c7272d03e5f5ff81ed9c5a2201a978bab14456f7390ea2b7deb35c7

September Volume target for burn is now $107.2M.
In total ~108.72M $THOR has been burned so far, accounting for ~21.74% of maximum supply 🔥

📢 THORChain hard fork was successfully completed. Network functions are resumed. Great job to 9R, all TC contributors & Node Operators! 👏

In the meantime, we have shipped a big update on app.thorswap.finance with new features + bug fixes. Check it out!

Remember: discord.gg/thorswap server support desk channel = only official support. Ignore all other DMs and comments, stay safe!

⚠️ THORChain Hardfork Notice

Please be aware there is an upcoming THORChain hardfork at Scheduled Fork Height: 17562000 (https://runescan.io/block/17562000) (~ 3PM EDT on Wednesday, September 4).

During the hardfork 👉 ALL THORChain functions will not be operational, please be aware and plan accordingly. Trading will be disabled ~4 hours prior to the hardfork.

There are no actions needed for users (except prepare for the network interruption and complete any necessary important actions prior in advance). The process is anticipated to take around roughly 2~4 hours to complete.

For more context please see this informative thread: https://x.com/iceman00008/status/1829696210627920263

📣NOTE: Chainflip, Maya Protocol and single-chain DEX aggregation swaps will remain fully operational during this process.

📢 New SwapKit Integration Spotlight: OKX Wallet & DEX

Leading exchange OKX has integrated SwapKit.dev into OKX Wallet & DEX, bringing the power of THORChain directly to millions of users!⚡️Try today: https://www.okx.com/web3

“SwapKit integration enables seamless, secure and efficient cross-chain asset swaps, further enhancing the trading experience for OKX Wallet’s global user base.”
– OKX Web3

📰 Learn more on the SwapKit blog: https://swapkit.dev/blog/okx-swapkit-integration-spotlight/
📣 Share the news: https://x.com/SwapKitPowered/status/1829203844758458730

🗳 [TIP-013] Increase THORSwap swap fees from 0.3% to 0.5%

THORSwap community has passed TIP-013 with 99.81% of votes in favor.

✅ $vTHOR discount tiers remain with up to 100% off for holders.
✅0% for swaps below $100.
✅Whale swaps ≥ $1M still enjoy 50% off fees🐳

https://snapshot.org/#/thorswapcommunity.eth/proposal/0x1c29779af112fde604ce62537f7d67765a903dfe736e6a3608c6fe097ffe4dbb

🎙Missed our space with LI.FI, Jumper Exchange and THORChain?

Take some time out of your weekend and dive into a great convo on LIFI's recent SwapKit integration, SwapKit's history, Bitcoin DeFi, and the future of cross-chain infra!

Here's the recording: https://x.com/SwapKitPowered/status/1827050149828554795

📢 New SwapKit Integration Spotlight: BitPay

Leading crypto payment provider BitPay has integrated THORChain via SwapKit.dev, bringing non-custodial cross-chain swaps + DEX aggregation directly to its users.

“By leveraging SwapKit’s cross-chain capabilities, BitPay Wallet users gain access to competitive swaps across multiple networks and thousands of coins.

This partnership unlocks more asset flexibility and choice while ensuring 100% self-custody. We’re thrilled to provide this expanded capability.”
– Bill Zielke, BitPay CMO

📰 Learn more on the SwapKit blog: https://swapkit.dev/blog/bitpay-swapkit-integration-spotlight/
📣 Share the news: https://x.com/SwapKitPowered/status/1826664432086515899

Set your reminders! This is going to be one you don't want to miss! 👀

Join us as we discuss LI.FI & Jumper Exchange's recent THORChain integration via SwapKit API and what it unlocks for the future of cross-chain finance in DeFi! 🎉

https://x.com/i/spaces/1OwGWNgLapmKQ

🗳 [TIP-012: Passed] Amendment to Monthly Target-based Burn: Remove 3x Emissions

With 68.73% of votes, the THORSwap community has voted in favor of removing the base 3x Emissions multiplier to Monthly burn calculations (if volume target is met).

https://snapshot.org/#/thorswapcommunity.eth/proposal/0x6eda5bf24c30d9b792cdab5c3b1fb931ec5f0738de463f23f42c14a0a613abe7

🗳 [TIP-013] Increase THORSwap affiliate fees from 0.3% to 0.5%

Official snapshot on-chain vote is now live for [TIP-013] 👉https://snapshot.org/#/thorswapcommunity.eth/proposal/0x1c29779af112fde604ce62537f7d67765a903dfe736e6a3608c6fe097ffe4dbb

End date: Aug 24, 2024, 4:46 PM (PDT)

Voting power are as follows ($vTHOR holders do not need to unstake to participate):
1 $THOR = 1 Vote
1 $vTHOR = 2.07 Votes

No gas or unstaking is necessary to vote. Thank you for participating in community governance everyone!

🗳[TIP-012]Amendment to Monthly Target-based Burn: Remove 3x Emissions

Official snapshot on-chain vote is now live for [TIP-012] 👉https://snapshot.org/#/thorswapcommunity.eth/proposal/0x6eda5bf24c30d9b792cdab5c3b1fb931ec5f0738de463f23f42c14a0a613abe7

End date: Aug 17, 2024, 11:06 AM (PDT)

Voting power are as follows ($vTHOR holders do not need to unstake to participate):
1 $THOR = 1 Vote
1 $vTHOR = 2.062 Votes

No gas or unstaking is necessary to vote. Thank you for participating in community governance everyone!

📣 July #THORBURN complete!
🔥7,164,993 $THOR BURNED 🔥

Total July Volume: $261,506,074, consisting of:
THORChain $250.76M
Chainflip $9.69M
Maya Protocol $1.06M

This was 2.69x of $97.24M July volume target!
https://etherscan.io/tx/0x78764f70e79c6cd640d674a69a9eaadf768f49b2fa09a99862cf5fbf0fdacc28

August Volume target for burn is now $102.1M.
In total ~105.55M $THOR has been burned so far, accounting for ~21.11% of maximum supply 🔥