THORChain resumes Deposits, Swaps & Withdrawals of Bitcoin

THORNOOB - Learn About THORChain
2 min readSep 30, 2021

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After resuming $BNB, $BCH, & $LTC chains, THORChain has now resumed Deposits, Swaps & Withdrawals of Bitcoin.

Mimir values for BTC Trading and BTC LP Actions were changed. And now users can swap Bitcoin to Litecoin, Bitcoin Cash, Binance coin(& BEP-2 tokens) without using centralised exchanges.

Up Next:

  • After resuming 4 out of 5 supported blockchains, Next in line is to resume ETH and ERC20 tokens.
  • V0.69.0 will also be pushed soon, which will deal with stuck switch transaction refunds.
  • Synths and Lite Nodes are also in works, with a concept of “Pooled Lite Nodes” being discussed. $RUNE holders will be able to delegate $RUNE to node operators with the required skills. Delegated $RUNE will earn $RUNE as rewards.

Follow us on Twitter for regular updates on THORChain and its Ecosystem:

https://twitter.com/THORNoobs

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THORNOOB - Learn About THORChain

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