THORChain Weekly Dev Update #95

THORChain released Weekly Dev Update #95 about Dynamic Synth Units, MCCN V0.55.0, DragonsDex, SKIPSwap, THORWallet, Community Updates, & more.

RAISETHECAPS

The caps were raised to 4.5m RUNE and filled. The continual Cap Raises give the protocol, middleware and interfaces more and more time to stabilise. Only when the system is stable throughout can the Caps be lifted. This is still expected to be 6–8 weeks away.

Dynamic Synth Units

THORChain will now track synth units dynamically. This ensures the loss/yield is realised immediately. The derivation for the formula is given below and has been verified by several members of the community.

THORNODE MCCN UPDATE 0.55.0

This release contains the following fixes
1. [ADD] Dynamic synth units. PR: https://gitlab.com/thorchain/thornode/-/merge_requests/1723
2. [FIX] Set a log entry in ETH scanner , in regards to failed transaction to debug level. PR: https://gitlab.com/thorchain/thornode/-/merge_requests/1737
3. [ADD] When node operator unbond , if there are still fund in yggdrasil vault , trigger a yggdrasil recall. PR: https://gitlab.com/thorchain/thornode/-/merge_requests/1738
4. [Refactor] refactor helper funcs to be versionized. PR: https://gitlab.com/thorchain/thornode/-/merge_requests/1739
5. [FIX] Credit isolated BNB.USDT-6D8 asset back to pool using store migration. PR: https://gitlab.com/thorchain/thornode/-/merge_requests/1740
6. [FIX] A bug with impermanent loss protection, which result RuneDepositValue & AssetDepositValue didn’t maintain correctly. PR: https://gitlab.com/thorchain/thornode/-/merge_requests/1736

release version: https://gitlab.com/thorchain/thornode/-/tags/v0.55.0

What is THORChain?

THORChain is the first decentralized protocol to actively address liquidity by incentivizing users to stake liquidity rather than store assets in cold-wallets or completely off-line.

📰 INFO:

https://medium.com/thorchain/weekly-dev-update-95-60a40780997c