The core developers of THORChain (RUNE) have announced a restructuring plan to address $200 million in liabilities from their Lending and Savings program. The decision was made after community discussions and a decrease in network activity. Node Operators stopped refunds for lending and savings features, causing backlash. Despite this, THORChain continued to operate. Community members submitted eight restructuring plans, with "Proposal6" being approved. The plan's details and timeline are yet to be finalized. The THORChain team remains optimistic and committed to regular updates. The announcement had minimal impact on the price of RUNE.
Content Editor ( en.bitcoinsistemi.com )
- 2025-02-02
BREAKING: Altcoin Said to Be Bankrupt Announces Rescue Plan – Also Listed on Binance
