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thordev (27)in LeoFinance • 8 days ago
RE: LeoThread 2025-02-14 16:17
THORChain is functioning normally. After a decision made by node operators, redemptions for the THORFi Lending and Savers products have been put on hold temporarily. However…
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thordev (27)in LeoFinance • 9 days ago
RE: LeoThread 2025-02-13 19:24
Despite the contraction, the remaining nodes and liquidity will enable the network to continue generating revenue, facilitating the progress of the unwind plan.
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thordev (27)in LeoFinance • 9 days ago
RE: LeoThread 2025-02-13 19:24
This plan allows Savers and Borrowers the flexibility to exit their positions with a haircut that may improve over time as market conditions stabilize and network health is restored.
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thordev (27)in LeoFinance • 9 days ago
RE: LeoThread 2025-02-13 19:24
Path Forward Nine Realms puts forth the implementation of the current version of the Priority Haircuts proposal.
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thordev (27)in LeoFinance • 9 days ago
RE: LeoThread 2025-02-13 19:24
Several integration partners have temporarily paused operations to safeguard their users during this period of volatility.
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thordev (27)in LeoFinance • 9 days ago
RE: LeoThread 2025-02-13 19:24
The network is experiencing a contraction amid a decline in RUNE prices and node departures, yet the core blockchain and swap functionalities remain fully operational.
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thordev (27)in LeoFinance • 9 days ago
RE: LeoThread 2025-02-13 19:24
Current Situation As of now, 31 nodes have expressed their intent to exit the @THORChain network.
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