THORChain x Haven Protocol Integration Update
THORChain and Haven developers worked closely together on XHV integration, right up until last month’s MultiChain ChaosNet (MCCN) release.
This release was a monumental achievement for the Thor team, leaving us all in awe, and excited for what the future will bring. It also put an incredible workload on the Thor developers, delaying completion of their part of the Haven integration.
Following a team call with Thor’s developers last week, it was apparent that we needed to take matters into our own hands. Like Haven, Thor is an open source project, so the entire Haven dev team is now focused almost exclusively on Thor’s own codebase.
Great progress has already been made, and a clear path has been defined by our team for completion without any dependency on Thor’s developers.
What is THORChain?
THORChain is an independent blockchain that acts as a cross-chain decentralized exchange (DEX). It uses an automated market maker (AMM) model to enable the exchange of assets across disparate blockchains in a non-custodial manner.
THORChain not only disrupts centralized exchanges but provides a giant leap forward for Haven. Large liquidity pools will benefit traders as well as those staking. And providing a yield will further incentivize users to hold xUSD and other xAssets.
What is Haven?
Haven is an ecosystem of untraceable assets that enables users to convert between volatile assets and stable currencies directly within their vault, with complete privacy.
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