CosmWasm

How THORChain has configured the CosmWasm module

CosmWasm is a smart contracting platform built for blockchains that uses the Cosmos SDK, Simply put, it's the Cosmos (Cosm) way of using WebAssembly (Wasm) hence the name.

Rust is currently the most used programming language for CosmWasm, in the future, it is possible to have different programming languages like AssemblyScript and Go.

CosmWasm Contracts on THORCHain

There would be a module placed into TC called x/wasm and self-executing .rs contracts are placed in it. These "contracts" would be whitelisted in via developers because they would go in via the 2-weekly upgrade cycle. They would be rolled out on stagenet for testing first, then flagged on mainnet after sometime.

Tokens

All native tokens on THORChain listed here would be supported in the Wasm TokenFactory (a wrapper that can push them into the WASM layer).

Derived assets TOR and L1 RUNE will work easily. Notably, trade assets are missing because they are not assets, they are deposit slips.

You can find more information about CosmWasm in their official docs.