THORChain Ships Breakout v3.20 Upgrade Featuring Stable Reserve and POL Mimirs

TL;DR

• THORChain v3.20 introduces an experimental Stable Reserve for eligible stablecoin swaps, allowing 1:1 execution without liquidity fees or slip when inventory is sufficient.
• Two POL Mimirs now control how much System Income flows into Protocol-Owned Liquidity and which pools are eligible to receive RUNE liquidity.
• The upgrade advances Monero and Zcash integrations, prepares BNB, Base and Solana trading to resume, expands ERC-20 Memoless Swaps and strengthens node and vault security.

THORChain has shipped protocol upgrade v3.20, a feature-heavy release that combines new economic machinery with chain-integration and security work. The update moves Monero and Zcash closer to activation, prepares BNB, Base and Solana trading to resume, expands Memoless Swaps to ERC-20 tokens and adds MOR to Ethereum and Base token lists. The biggest change is economic: v3.20 introduces the experimental Stable Reserve while making Protocol-Owned Liquidity controls operational. Churn is also set to resume, giving the network another operational reset after previous chain-specific, solvency and security issues were addressed across several parts of the protocol.

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