LP'ing on ThorChain (RUNE) | Feature requests (public)

LP'ing on ThorChain (RUNE)

Eligible Planarian

Currently, entering and leaving Liquidity Pools on Thorchain (e.g via ThorSwap) is not recognized nor follows current Koinly LP'ing rules which use Liquidity Tokens/.

Because LP'ing on ThorChain is done using NATIVE assets, entering and leaving LP, and the rebalancing that occurs are not recognized, and makes tracking Capital Gains and Losses extremely time consuming to add manually.

May 21, 2025

Beige Kangaroo

There is a process on Koinly to work around this, however it is tedious (and does involve manual work).  I've been using THORChain since 2021 and have LP'd multiple times, Savers/Earn, RUNEPool, know how TCY works, etc.. and it's honestly not that bad from an integration POV.
Funny enough, Summ (a Koinly competitor) gets the TC LP part correct (and it's super easy!), but gets tons
 of other things wrong (ex. partial swaps, THORName registrations, or failed txns -- all missing or wrong).  It's almost like no tax platform knows how to deal with this chain properly.
Koinly devs: if you need help understanding how THORChain works, please reach out to me.  I have been in the ecosystem providing user-facing support for 4 years now and understand the various features/protocol quite well, including how it looks on-chain (where I spend most of my time).  I would be more than happy to help you with the integration and testing.  And yes I know you guys use Viewblock/RuneScan for your API (they're fantastic).