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THORChain launches Zcash pool, trading comes next

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THORChain activated a ZEC liquidity pool on Oct. 2 after a network churn, and native ZEC trading was still not enabled at that point. The launch left nodes monitoring the Zcash chain, while the timing for trading and the pool depth were not given.

Key claims & sources

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The Oct. 2 announcement did not include a start time for trading or a pool-depth figure.
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THORChain activated its ZEC liquidity pool on Oct. 2 after a network churn.
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All validator nodes were monitoring the Zcash blockchain after the pool went live.

What it means

Users and traders who watch THORChain would notice that ZEC pool activity was live, but native ZEC swaps were still not available. Anyone checking the network that day would also see validator nodes monitoring the Zcash chain rather than a completed trading rollout.

Compared with before, a ZEC liquidity pool could be used on THORChain, but native ZEC trading could not yet be used. What stayed unchanged in the announcement was the lack of a stated trading start time and the absence of a pool-depth figure, so the operational detail remained limited. (per tokenpost.com)

Market reaction i

THORChainRUNE it is the asset of the company or protocol in the event
first headline
+0.7% 2 h before
-1.3% 4 h after
$0.7937price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 2 11:16
crypto.news scoop
Breaks the event
+9 h 43 m
Oct 2 21:00
Crypto Economy adds
Brings into the story: ZEC, with quotes

Has this happened before?

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