Nine Realms
@ninerealms_cap
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Secure node ops and core dev for @THORChain—the industry's largest decentralized, native asset backbone.
Joined February 2021
We just put out a new piece on Orbital Pools on THORChain. Super exiting to bring this to the network 🔥 All flavors of Stablecoins All flavors of Bitcoin Almost no slippage All of the most important chains https://t.co/gRyFt35Yiq
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9R has capacity open for $RUNE delegations 🤝 Contact us to get started https://t.co/pHfhPjFmlk
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XRP is coming to THORChain in May ⚡️ XRP swaps have been highly requested by key integrations partners including @Ledger. Right now these users only have access to centralized solutions. Not for long https://t.co/KEeICjTDim
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THORChain Dev Update v3.5 live on Stagenet - testing ongoing. Mainnet release in ~1 week. Includes TCY ‼️, RUJI contracts, & economic security fixes. $XRP launch slated for after. In Progress (v3.6 and beyond): - Advanced Order Queue - 2 second block times - New chains (SOL,
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Meet @simonhmorris - the new CEO at Nine Realms: Silicon Valley tech veteran with long experience in decentralized technologies, the ecosystems who use them, and the companies that support them. Almost a decade with BitTorrent Inc. at the heart of the Bittorrent p2p file sharing
Join tomorrow for a Space with @familiarcow and meet the new CEO of Nine Realms @simonhmorris ⚡️ Covering TCY launch, new chains, roadmap, and Q&A https://t.co/HgiEEzDghr
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THORChain Dev Update In Progress: - $TCY (scheduled for next release) - Block time reductions (2s target) - Node operator address rotation memo - Liquidity Cap multiplier mimir - Cardano support - Extended BTC memos - Advanced Swap Queue (Orderbook) - Bifrost refactor - EdDSA -
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Thorchain Dev Update In Progress: - EdDSA Support - Taproot for extended BTC memos - XRP (release after TCY) - Cardano (release after EdDSA) - Mempool scanning for BTC - Node Operator Rotation memo - TVL Cap Adjustment Mimir (unblocks RUJI and new chains) - $TCY (ETA end of
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THORChain v3.4.0 Preview ⚡️ ETA Next Week Highlights: - Token Factory (for RUJI) - XRP Chain (live after 3.5) - Node operator rotation memo - Pause LP Deposit mimir (for TCY rollout) - Fixes for stuck outbounds Still In Progress: - TCY (expected in v3.5) - EdDSA
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We're working closely with the Trust Wallet team to implement more intelligent price protection to keep users safe. Swaps will be back online after the new policies are implemented. Teams still are very much aligned
On February 2nd, a small number of Trust Wallet users were affected by concerning swap quotes. To protect our users, we've temporarily suspended THORChain streaming swaps (BTC, DOGE, COSMOS) while we investigate. @THORChain has confirmed that all impacted users will be
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THORChain Community Update Thank you to the community members, Node Operators, and builders who have remained committed throughout this critical moment for the network. Your dedication and contributions have been invaluable in shaping the path forward and ensuring THORChain’s
gitlab.com
GitLab.com
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Current Situation ------------------------- At the time of this communication, 31 nodes have requested to leave the @THORChain network. The network is experiencing a contraction as RUNE price declines and nodes leave the network, but the protocol remains operational in its core
gitlab.com
GitLab.com
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5/ We will continue to provide updates as the community works toward consensus. Thank you for your patience, understanding, and commitment to a strong and sustainable future for THORChain.
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4/ Importantly, all other THORChain functions continue as usual, with swaps and liquidity operations unaffected. This demonstrates the protocol's resilience and ability to adapt while maintaining its core mission.
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3/ The goal is to maintain the long-term health of THORChain while safeguarding users’ assets. Discussions and proposals are actively underway, and we encourage the community to engage and contribute to the path forward.
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2/ This temporary pause on THORFi redemptions was made out of an abundance of caution to protect the network and its participants. The decision ensures the protocol remains stable while the community aligns on a comprehensive plan for reducing liabilities.
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1/ THORChain is operating as normal. Following a vote by node operators, redemptions for THORFi Lending and Savers products have been temporarily paused. Core functionalities remain fully operational, including swaps, LP deposits, withdrawals, RUNE transfers, and all other
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Here’s what this means for @THORChain. @ninerealms_cap and @strangelovelabs will co-steward the protocol in 2025. We’ll keep up the pace of @jpthor’s signature memetic energy, rapidly ship new chains, upgraded cryptography, faster block times etc. Tech/product priorities aligned
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Nine Realms continues on its core focus. Deleverage the base layer. New chains, new integrations, more volume. Onwards!
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8/ The Path Forward: - Remove admin mimir (planned for next release) - Continue with ongoing base layer Lending sunset - no new loans, closures only - Focus on long-term sustainability & deliver new lending program on THORChain App Layer
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