THORChain Soft Launch Integrates Monero, ADR31 and ADR27 Proposals Passed, v3.20 Enters Testing

THORChain plans to integrate Monero through a soft launch, with the duration of the testing period yet to be determined. The team will first complete the node rotation with Zcash, followed by the integration of Monero. Due to Monero's use of a distinct signature algorithm, it still needs to go through the rotation process. The ADR31 proposal has been approved, confirming continued collaboration with Rujira; the ADR27 proposal has passed, reducing the minimum slippage to 0 basis points, allowing Rujira's application layer to narrow the price difference in the liquidity pool to nearly zero after the arbitrage mechanism is enabled, with an expected half of the profits flowing back to the protocol. v3.20 is currently in the testing phase, expected to be completed this week or early next week, primarily fixing second-order instability issues and supporting more alliance integrations. The protocol's own liquidity mechanism is expected to launch with v3.20, with the Mimir parameter shifting from economic adjustments to operational adjustments, determined by node voting on specific ratios. The team hopes to prioritize support for smaller liquidity pools such as Solana, Zcash, and Monero.

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