Bullish

THORChain Approves ADR31 and ADR27; Monero Integration and v3.20 Testing Advance

2026-07-31 18:34:44

THORChain governance passes key proposals for Rujira partnership and zero slippage, while Monero integration enters soft launch testing alongside v3.20 development.

Woofun AI reports that THORChain has initiated a soft launch for Monero integration, marking its most complex blockchain client addition to date. The team plans to complete the node churn process with Zcash before finalizing Monero support, as Monero’s unique signature algorithm necessitates this procedure unlike chains using existing algorithms. Governance proposal ADR31 was approved to continue the partnership with Rujira, while ADR27 reduced minimum slippage to 0 basis points, allowing Rujira’s arbitrage mechanism to minimize price differences with half of the profits returning to the protocol.

Version 3.20 is currently in the testing phase, with completion targeted for this week or early next week. This update addresses secondary instability issues from previous vulnerabilities and expands the dynamic expense ratio model to more alliances. The native liquidity (POL) mechanism is expected to launch with v3.20, shifting Mimir parameters from economic to operational settings to allow node voting on specific ratios. The team intends to prioritize support for smaller liquidity pools, including those based on SOL, Zcash, and Monero.

WOOFUN AI

Impact Assessment · Quick Read

The approval of ADR27 reducing slippage to zero could significantly enhance capital efficiency for arbitrageurs using Rujira, potentially increasing protocol revenue. Integrating Monero expands THORChain’s reach into privacy-focused assets, though the complex churn process may delay full functionality. Prioritizing smaller pools like Solana and Zcash suggests a strategic move to deepen liquidity in niche markets, which may improve price stability and attract new users to these specific pairs.
Generated by WOOFUN AI · For reference only, not investment advice

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