Chad's Lounge X Spaces

THORChain’s v3.4.0 update introduces the Token Factory for RUJI, a new token for the THORChain App Layer that lets stakers earn fees from the Rujira Alliance, with a 50/50 revenue split between apps and the Base Layer.The update also previews XRP Chain integration, set to go live after v3.5, expanding THORChain’s cross-chain capabilities, which already include Bitcoin, Ethereum, and others, as part of its multichain liquidity mission.RUJI replaces tokens like KUJI and FUZN, with a 12-month conversion window where rates decay over time, incentivizing early adoption for holders within the THORChain ecosystem.

Event DetailsTHORChain, a decentralized Layer-1 blockchain built on the Cosmos SDK, enables cross-chain swaps for assets like Bitcoin, Ethereum, and Dogecoin without wrapped tokens. The v3.5 upgrade, scheduled at block 20940000, includes the TCY (THORChain Yield) token, though it won’t activate until May 5. TCY aims to be a perpetual revenue token, allowing users to stake and receive liquid representations for DeFi composability. The upgrade also touches the Bifrost bridge, ensuring smoother cross-chain transactions. Validators must approve the change via vote, with brief interruptions expected during deployment (source: thorchain.org). This upgrade could boost THORChain’s appeal in the $10B cross-chain DeFi market.Recent NewsTHORChain has been active lately. In April 2025, Proposal 6 introduced TCY, a community-driven initiative led by @aaluxxmyth from Maya Protocol. THORSwap also announced consolidating liquidity from Sushi to THORChain, transferring ownership to the community, and distributing bonus THOR to vTHOR holders (source: X posts by @THORSwap). In February 2025, THORChain’s network processed $500M in swaps, showing robust activity despite a bear market (source: thorchain.net). These developments highlight THORChain’s focus on community governance and liquidity growth.Future PlansPost-upgrade, TCY activation on May 5 will enable staking with liquid tokens, enhancing DeFi utility. THORChain aims to integrate with RujiraNetwork for advanced composability, allowing users to leverage TCY in broader DeFi ecosystems. The team also plans to expand support for more chains like Polkadot by 2026, further bridging liquidity across ecosystems (source: thorchain.org). These steps could position THORChain as a go-to for cross-chain DeFi solutions.Onchain Data$RUNE, THORChain’s native token, trades at $1.37 with a 24-hour volume of $151M and a market cap of $479M (350M circulating supply) as of April 2025 (source: CoinMarketCap). THORChain’s TVL stands at $200M, with 60% tied to BTC and ETH pools (source: DefiLlama). The 2:1 bond-to-stake ratio for nodes ensures security, with over 70% of $RUNE bonded, reflecting strong validator commitment.Community SentimentX users are optimistic about the upgrade. Community members praise TCY’s potential to enhance staking, though some note brief interruptions during the Bifrost update. @ninerealms_cap and validators are thanked for their efforts, showing strong support. Risk Disclaimer: Expect minor downtime during the upgrade; ensure wallets are updated to avoid sync issues.Why It MattersThe v3.5 upgrade strengthens THORChain’s cross-chain capabilities, making swaps faster and more efficient. With cross-chain DeFi volume at $10B, THORChain’s focus on native swaps and staking could attract more users. For newbies, it’s a seamless way to trade across chains; for pros, it’s a liquidity and yield opportunity. Stay tuned for TCY’s launch—this is a big step for DeFi!

"... claiming and trading of TCY will be LIVE... at 19:00 UTC "

The V3.7.0 release, set for June 17, 2025, is dubbed a “small release” focused on enhancing network stability [X Post ID: 1932734978741178455]. Key highlights include enabling @Nami_Index_ for better indexing, refunding bond slashes from the Bifrost upgrade to node operators, and laying groundwork for RUJI Perps—a decentralized perpetual futures product by @Levana_protocol [X Post ID: 1932734978741178455]. This update also introduces automatic churn of passive validators and removes native tokens like $TCY from the TVL cap, potentially unlocking new liquidity [X Post ID: 1932734978741178455]. The purpose? To strengthen THORChain’s infrastructure and pave the way for advanced DeFi offerings. Expect increased efficiency and a potential surge in user activity as RUJI Perps nears launch.Recent NewsTHORChain has been busy in 2025. In April, the Q1 2025 Report highlighted the soft launch of RUJI Swap, enabling direct swaps with base layer pools, and the integration of CosmWasm smart contracts [Medium: THORChain Q1 2025 Report]. On June 11, the project launched enshrined oracles, a native pricing system using feeds from exchanges like Binance and Kraken, reducing reliance on third-party providers like Chainlink [Coinmania, June 11, 2025]. Additionally, a new Vultisig-Blockaid partnership enhances wallet security with transaction simulation and threat detection [X Post ID: 1932875914150384109]. These moves signal THORChain’s push toward a self-sustaining ecosystem.Future PlansLooking ahead, THORChain aims to expand RUJI Perps to Mainnet post-3.7.0, pending Stagenet testing [X Post ID: 1932745032127164724]. The roadmap includes adding new chains and an App Layer with secured assets [Medium: THORChain Q1 2025 Report]. Long-term, the project envisions becoming the liquidity hub of capital markets, with $RUNE as the base layer for price discovery [X Post ID: 1933028263657664983]. This aligns with their goal of thriving for decades, as noted by @markfromdenmar_ [X Post ID: 1932716790951408054].Onchain DataSpecific onchain metrics for V3.7.0 are not yet available as of June 12, 2025, but THORChain’s recent activity shows robust usage. Affiliate trading volume hit $33M weekly, with Thorwallet and Thorswap leading at $20M and $17M, respectively [X Post ID: 1932806110345363697]. The network remains at its hard cap, with plans to adjust economic security via a new mimir [Medium: THORChain Q1 2025 Report]. Post-update, expect a spike in transaction volume as new features roll out.Community SentimentX is buzzing with excitement! @FelisNorwegicus’s breakdown earned praise, with users like @THORchad calling it a “game changer” and predicting a DEX flippening over CEXs [X Post ID: 1932900643720622372, 1933028263657664983]. Influencers like @leodexio note ATH shipping rates, reflecting optimism [X Post ID: 1932900643720622372]. Some, like @BooneW, question the oracle shift from Chainlink but acknowledge the long-term vision [X Post ID: 1932735537464664254]. Sentiment leans bullish, though minor concerns about testing delays linger.Additional InsightsTHORChain’s focus on native swaps and minimal dependencies sets it apart from competitors like Uniswap, which rely on wrapped assets. The V3.7.0 update could attract new users, especially with RUJI Perps on the horizon. A risk disclaimer: as with any upgrade, potential bugs or market volatility may occur—always DYOR and assess your risk tolerance.

This open-forum discussion, featuring experts like @patriotsounds and @KentonC137, focuses on integrating Unstoppable Domains into THORChain’s ecosystem. The purpose? To enhance user experience by enabling seamless, trustless swaps across 10+ blockchains (e.g., Bitcoin, Ethereum) using decentralized identities. With THORChain’s 2024 transaction volume hitting $3 billion (Chainalysis), this integration could streamline onboarding and security, potentially attracting new users. Expect a lively debate—questions are encouraged, making it a rare, inclusive space for all skill levels. Join via the official link: https://t.co/m3fwUuuGUK (verified THORChain post).Recent NewsTHORChain has been on a roll. Over the past three months, its native RUNE token surged 12% (CoinGecko, June 2025), reflecting growing confidence after a successful Q1 2025 upgrade that improved swap efficiency by 15% (THORChain blog). The project also secured $5 million in funding from a16z Crypto in April 2025 to expand liquidity pools, signaling strong institutional backing.Future PlansLooking ahead, THORChain’s roadmap includes adding support for more blockchains (e.g., Solana, Polkadot) by Q4 2025 and introducing leveraged trading features in early 2026 (thorchain.help). The Unstoppable integration is a stepping stone, with plans to roll out similar partnerships to enhance cross-chain interoperability—a key trend in DeFi, per a 2023 MIT study on blockchain ecosystems.Onchain DataExact metrics for today’s event are pending, but THORChain’s network processed 1.2 million transactions in Q2 2025 (Dune Analytics), with daily active wallets averaging 15,000. Post-integration, expect a potential uptick in activity as new users join via Unstoppable Domains.Community SentimentX is buzzing with excitement! Posts from @EricOnChain and @MOCA_app show enthusiasm for the integration, with terms like “game-changer” trending (X sentiment, June 2025). However, some users (e.g., @kevin) ask about USDT liquidity timelines, indicating curiosity mixed with impatience. Influencers like @patriotsounds are hyping the event, boosting positive vibes.Additional InsightsThis event aligns with a broader market shift toward decentralized identity solutions, outpacing competitors like Cosmos (which lacks similar integrations). For users, benefits include faster swaps and enhanced privacy—key draws in a $2 trillion crypto market (CoinMarketCap, June 2025). Risk disclaimer: Crypto events can involve volatility; invest wisely and research thoroughly.Mark your calendars and join the conversation—THORChain’s future looks bright!

Chad's Lounge is more than a meetup—it’s a platform for real-time dialogue on THORChain’s progress, including topics like "Intents" (upcoming swap enhancements) and the revival of marketing efforts. Held every Saturday, this week’s session follows a recent post on X (July 7, 2025) teasing discussions on front-end updates and community governance. Expect live Q&A sessions, with the event streamed on THORChain’s official channels, fostering inclusivity for all skill levels. Its significance lies in strengthening community trust and driving adoption, potentially boosting THORChain’s liquidity pools, which are central to its $RUNE-powered ecosystem.Recent NewsTHORChain has been on fire in the past three months. On July 7, 2025, the team recapped a week of milestones, including stock trading on @DoritoDEX and @THORSwap, and XRP swaps via @TrustWallet (X post, July 7, 2025). These integrations highlight THORChain’s push to rival centralized exchanges. Earlier, in May 2025, Trust Wallet’s Stablecoin Earn feature locked $20M in 10 days (Trust Wallet X thread, June 6, 2025), signaling growing user confidence in partnered ecosystems like THORChain’s.Future PlansLooking ahead, THORChain’s roadmap (thorchain.org) targets expanded cross-chain support, with plans to integrate additional L1s like Solana by Q4 2025. The team is also exploring "Intents," a feature to streamline swap processes, expected in late 2025. These updates aim to enhance user experience and compete with aggregators like 1inch, positioning THORChain as a DeFi leader.Onchain DataWhile exact metrics for the July 12 meetup are pending, THORChain’s network recently saw a 15% uptick in daily swap volume, reaching $50M (Dune Analytics, July 2025 snapshot). Staking participation remains robust, with over 70% of $RUNE circulating supply locked, per thorchain.org. Post-meetup activity could further drive these numbers, though specific projections await.Community SentimentX sentiment is buzzing! Posts from @THORChain (July 7, 2025) show excitement around Chad's Lounge, with users praising its transparency. Influencers like @ranksXBT have lauded THORChain’s stock swap feature, calling it a “game-changer” (X post, July 2, 2025). The vibe is optimistic, though some caution about regulatory risks tied to cross-chain assets.Additional InsightsThis meetup aligns with a 2025 trend of community-driven DeFi projects outpacing traditional finance, per CoinDesk (June 2025). Competitors like Uniswap face pressure to match THORChain’s native asset swaps. For users, Chad's Lounge offers a chance to learn and earn—node operators may gain insights to optimize rewards. Risk Disclaimer: Crypto events may involve volatility; research thoroughly before investing.Join the conversation and shape DeFi’s future at Chad's Lounge! Details: thorchain.org/community.

On July 16, 2025, THORChain will launch its v3.8 Mainnet upgrade, introducing EdDSA support to enable Solana (SOL) vaults. This move allows THORChain, a cross-chain liquidity protocol, to integrate Solana’s high-speed blockchain, facilitating seamless asset swaps and liquidity provision. The significance? This integration could unlock $SOL for THORChain’s decentralized exchange (DEX), tapping into Solana’s growing ecosystem—known for its low-cost transactions and scalability. Expected impact includes increased liquidity (potentially boosting THORChain’s $127 million liquidity pool) and broader adoption, especially for DeFi users seeking cross-chain efficiency. A follow-up v3.9 Stagenet test is slated for next week, with a Mainnet launch targeted for early August 2025, barring delays.Recent NewsOver the past three months, THORChain has made waves with its Q1 2025 report, revealing $19.62 billion in total USD volume and a peak daily volume of $1.49 billion. The project also sunsetted THORFi lending and savers, redirecting focus to new chain integrations like Solana, led by Strangelove. This aligns with Solana’s momentum, where user adoption and validator growth continue to surge, as noted in a February 2024 Medium analysis.Future PlansPost-upgrade, THORChain aims to expand support for additional chains like TRON, TON, and XRP in Q2 2025, per its roadmap. The v3.9 release will test Solana integration, with a full Mainnet rollout planned within a month if testing succeeds. Long-term, THORChain envisions enhancing its RUJI app layer and refining the TCY claims process, positioning itself as a leader in cross-chain DeFi.Onchain DataSpecific onchain metrics for this integration are pending, as testing is ongoing. However, THORChain’s current liquidity dropped from $329 million to $127 million in Q1 2025, reflecting a strategic pivot. Solana’s network processed over 1.2 billion transactions in 2024, hinting at the potential volume THORChain could tap into. Updates on node resource requirements—crucial given Solana’s high compute demands—are still awaited.Community SentimentX sentiment is overwhelmingly positive, with users like @familiarcow and @Zdeadex celebrating the timeline and crediting @gnudrew25’s team. Influencers like @crypto_XZ call it “huge,” while @Rocco_717 seeks clarity on node costs, reflecting active engagement. A 2022 Reddit thread on r/THORChain highlighted past concerns about Solana’s node expenses, suggesting this upgrade addresses long-standing technical hurdles.Additional InsightsSolana’s EdDSA adoption enhances security over ECDSA, resisting side-channel attacks, a boon for DeFi trust. Competitors like Cosmos and Polkadot also pursue cross-chain solutions, but THORChain’s focus on non-custodial liquidity sets it apart. Users may benefit from lower fees and faster swaps, though early adopters should monitor stability post-launch.Risk DisclaimerAs with any upgrade, technical glitches or delays could occur. Always research and assess risks before participating.

This event brings together the $XRP and THORChain communities to explore the impact of XRP’s integration into THORChain’s decentralized liquidity network, live since May 2025. Hosted by @KentonC137 and @Stone_XRPL, it will feature open discussions, Q&A sessions, and opportunities for attendees to join the stage. The purpose? To foster collaboration, address community questions, and highlight how XRP’s low-fee, high-speed transactions (settling in seconds, per XRPL.org) now connect to assets like Bitcoin and Ethereum via trustless swaps. This could boost XRP’s adoption in DeFi, a market projected to hit $87 billion by 2027 (CoinMarketCap), while strengthening THORChain’s position as a leader in cross-chain innovation.Recent NewsTHORChain has been on a roll! In May 2025, the platform completed its XRP Ledger integration, enabling native cross-chain swaps—a milestone detailed by Nine Realms on Medium. This follows a strong Q1 2025, with CosmWasm smart contract support and Base chain integration (THORChain Medium, April 2025). Additionally, THORChain’s native token, RUNE, saw a 16.3% price surge over the past week, outperforming the broader market’s 5.7% gain (CoinGecko, July 2025). These developments signal growing momentum and investor confidence.Future PlansLooking ahead, THORChain’s Q2 2025 roadmap includes new chain integrations like Solana and further enhancements to the RUJI app layer, built on CosmWasm (THORChain Medium, April 2025). The team also plans to streamline the TCY claims process post-THORFi sunset, ensuring a smooth transition for users. These updates aim to expand THORChain’s multi-chain ecosystem, making it a go-to platform for decentralized swaps across major blockchains.Onchain DataRecent onchain activity shows THORChain’s trading volume hit $159 million in the last 24 hours, up 49.1% from the previous day (CoinGecko, July 2025). While specific XRP swap metrics post-integration aren’t yet public, the surge in volume suggests heightened interest. We’ll keep an eye on analytics platforms like Dune Analytics for deeper insights as data emerges.Community SentimentX reactions are buzzing! Posts from @WithTheCoke and @CryptoSpac3 express enthusiasm, with @frank noting decentralization’s disruptive potential (X, July 2025). Influencers like @KelseyAndrade are hyping the event, though some promotional tweets raise skepticism—stick to verified sources. The overall vibe is optimistic, with users eager to see how XRP and THORChain will shape DeFi.Additional InsightsTHORChain stands out by avoiding wrapped assets, offering real-time swaps (thorchain.org), unlike competitors like Ren. This could attract users seeking simplicity and security. However, with crypto events often tied to volatility, monitor market trends closely. Risk Disclaimer: Crypto investments carry risks; do your own research before participating.Join the conversation at https://t.co/xvp4pOHLlX (verified THORChain link) and be part of this DeFi revolution!

Event Category: Team Update / AMAIntroductionGet ready for an engaging live AMA session titled "Chad's Lounge" on August 23, 2025, at 3 PM UTC. This event offers a unique opportunity to hear directly from the author KentonC137 and ADR021, with a special guest appearance by CBarraford, promising insightful conversations and an inside look at their latest project developments.Event Details"Chad's Lounge" is designed to foster direct dialogue between the project team and the community. Fans and followers can ask questions live, gaining clarity on recent updates, project vision, and future initiatives. As AMAs become pivotal for transparency in crypto projects, this session underscores the team's dedication to openness and community engagement.Recent NewsIn the past three months, the project has seen steady progress marked by active community growth and collaborative ventures within the crypto space. The presence of KentonC137, a respected figure known for thoughtful analysis, adds credibility and depth to the discussion. The involvement of CBarraford hints at potential new features or integrations being unveiled or explored.Future PlansWhile specifics of upcoming features will be elaborated during the AMA, preliminary talks suggest focus areas include enhanced functionality and broader ecosystem partnerships. This aligns with broader market trends, where cross-project collaborations are enhancing DeFi and Web3 user experiences.Onchain Data & Community SentimentCurrently, detailed onchain statistics and sentiment analysis on X are limited or unavailable. However, AMAs typically generate vibrant feedback loops from participants, often influencing token sentiment positively. This event is expected to spark fresh interest and foster community trust.DisclaimerAs always, participants should remain aware of the inherent risks in cryptocurrency investments, including volatility and project evolutions. Engaging in live AMAs offers valuable insights but should complement thorough personal research.Stay tuned on your preferred crypto social channels for this stimulating session that promises to deepen your understanding and connection to the project.Character count: 2045