#CryptoFees101 🔔 Tornado Cash launches on Ethereum Classic — Proposal #62 is now available for voting
The decentralized protocol Tornado Cash is expanding to a new blockchain platform — Ethereum Classic (ETC). Proposal #62 is now active in the DAO for voting and will remain open until June 14 (UTC+8).
According to the proposal, the launch will be carried out in partnership with HebeSwap, which will provide initial liquidity and lead promotional efforts on the ETC network. A one-time reward of 2,000 TORN is offered to support HebeSwap's participation in governance.
Tornado Cash pools on ETC are already deployed with a fee of 0.3%:
1 ETC: 0x2f56...
10 ETC: 0x59fc...
100 ETC: 0x784b...
At the same time, an update of the IPFS hash for the ENS domain tornadocash.eth is planned, which will ensure continuous access to the Tornado Cash Classic interface.
Against this backdrop, the TORN token is trading on MEXC at a price of $9, which is significantly lower than its historical high of $400.