Avalanche is coming to THORChain!
$AVAX has found its way to Stagenet 🔺
— THORChain (@THORChain) July 13, 2022
Behold: the first decentralized swap from native $AVAX <> $BNB https://t.co/H0iRiRGkvx
The first decentralized native swap recently occurred on THORChain stagenet.
Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through the proof-of-stake consensus protocol, and it is said to be fast, low-cost and environmental friendly.
THORChain Stagenet is a test environment where real funds are used. $ATOM is now live on stagenet and according to the core team, once at least 1 UI demonstrates end-user support, the process of releasing it to mainnet will commence.
Also, this successful integration will pave the way for EVM assets on Avalanche to connect to $BTC, $ETH and more native assets via THORChain.
Avax Joes, get ready!
