THORChain to Release v.3.10.0 on August 24th

Coindar

THORChain to Release v.3.10.0 on August 24th

THORChain is testing version 3.10.0 on Stagenet, with a planned release on August 24th. The update introduces Enshrined Oracles for perpetuals, lending, and trading strategies on RUJI, reduces outbound fees on the Base chain from $10 to $1, and adds wrapped assets cbADA, cbXRP, and cbDOGE. Fee mimirs are shifted to operational memory, enabling more flexible fee experimentation, while groundwork for the Advanced Swap Queue (limit orders) is laid, to be activated after version 3.11.RUNE InfoTHORChain is a decentralized liquidity protocol that enables users to easily exchange cryptocurrency tokens over the network without the need for intermediaries. This is achieved by creating a liquidity pool that automatically establishes prices and provides liquidity for trading.The key feature of THORChain is its ability to facilitate secure, fast, and reliable cross-chain asset operations. This means that users can directly exchange one cryptocurrency for another, even if they exist on different blockchains.The RUNE token in THORChain is used as collateral for validators in the network and to ensure liquidity in the liquidity pools.