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RE: LeoThread 2025-01-11 00:42

in LeoFinance10 hours ago

Base has officially been added to THORChain with THORNode v3.1.1, but swaps won't be available until after the next churn, scheduled for Saturday, 1/11 at 11:30 AM EST or 18:30 UTC. You can track the countdown here:

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The Base Router is now deployed, and during the next churn, it will be registered for deposits and withdrawals. This will allow for the creation of new ERC20 pools on Base and enable BASE.ETH swaps.

Currently whitelisted ERC20 Pools include:

  • 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913 # USDC
  • 0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf # cbBTC

For new ERC20 pools, remember:

  • A 10k RUNE investment is needed for the pool to transition from Staged to Active.
  • Pool churning follows a different schedule than vaults churning. The countdown app also provides updates on this.

Feel free to ask any questions for clarification. Thanks for your support! #THORChain #BaseRollout

This is interesting. It seems like Coinbase has been slowly moving away from retail crypto custody by adding features to Coinbase Wallet and Base. Connecting to THORChain makes sense in that it allows for cryptos they can't provide on their platform.