THORChain's Ice Age
THORChain's experimental lending protocol froze $200M in user funds as validators scrambled to prevent a death spiral triggered by its flawed leverage model. While its core DEX remains operational, the protocol now faces a 90-day race to restructure debt and salvage trust, exposing yet another DeFi experiment gone wrong.
The Thorchain drama is quiet interesting to follow. I hope that most of the community can rally behind one of the proposals.
After that its time to go back to the basics and then onward to Valhalla 🦁
That being said, I'm buying the dip hahah hopefully $RUNE makes a comebacl
NFA
Yea, totally!
I like what Khal says about it. ThorCHain should be the Bitcoin of cross-chain protocols. Solid and reliable.
Experimentation and testing should be done on friendly forks such as Maya
100% agree with that