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🚀 THORChain is entering a new orbit! 🚀
💥 GLOBAL PROTOCOL UPDATE! 💥
🔝 Version 3.3.0 has been launched!
🔥 95 active nodes have already updated – the network is operating at full capacity!
What's new?
⚡ Improved stability and security
🚀 Optimized performance
💎 New level of reliability
THORChain is accelerating – the rocket is about to launch! 🔗
Ready to fly to the Moon? Then buckle up! 🌕🚀
#THORChain #CryptoRocket #ToTheMoon
💥 GLOBAL PROTOCOL UPDATE! 💥
🔝 Version 3.3.0 has been launched!
🔥 95 active nodes have already updated – the network is operating at full capacity!
What's new?
⚡ Improved stability and security
🚀 Optimized performance
💎 New level of reliability
THORChain is accelerating – the rocket is about to launch! 🔗
Ready to fly to the Moon? Then buckle up! 🌕🚀
#THORChain #CryptoRocket #ToTheMoon
THORChain on the Brink of Revolution: Emission Cuts, TCY Launch, and a New Era of Sustainability
THORChain Space #112 – TCY Progress (FamiliarCow, Aaluxx, Orion)
1. Settlement of Synthetic Assets (Synths)
Issue: Synths unrelated to Saver products were found in THORChain wallets, totaling several hundred thousand dollars.
Solution: The reimbursement process is detailed in the THOR-fi unwind channel. The team urges the community to review and provide feedback.
Note: No changes for Saver users and lenders—adjustments affect only "stuck" synths.
2. Emission Curve Update (Prop 6, Phase 0)
Changes: Block emissions cut from 25,000 RUNE/day to ~2 RUNE/day. Validator and LP rewards now come solely from swap fees.
Reasons: Reducing inflationary pressure (at $10 RUNE, annual emissions would reach $100M) and eliminating reserve-based auto-selling, making RUNE more attractive to investors.
Status: Phase 0 launched, under evaluation.
3. TCY & DLP Adjustments
TCY (ThorChain Yield Token):
Compensation for Saver holders and those affected by synth issues.
Mechanism: Unclaimed TCY is auto-used for buybacks via fees, ensuring demand. TCY’s value depends on network transaction volume.
Claiming: Requires a separate frontend, no time limit, but delays reduce short-term payouts.
Dual Liquidity Pools (DLP):
Leverage retained to avoid market pressure.
High-leverage pools closed for new deposits to protect LPs.
Reserves split into in-kind assets (BTC, ETH, etc.) and liquid reserves (POL) for stability.
4. TCY Technical Implementation
Optimizations: KVStore tracking reduces managed addresses from 100k to ~10k. RUNE-TCY pool fees fund TCY buybacks.
Security: Only claim TCY via verified frontend. Official channels: THORChain Discord & Twitter.
5. Economic Outlook & Risks
Burning: Under discussion but requires evaluating the impact of emission halts on node and LP yields.
Monitoring: Protocol resilience, validator inflows, and node efficiency (bare metal transition, cost optimization).
6. Community & Next Steps
Shared Interests: RUNE holders, LPs, and nodes benefit from higher RUNE prices and transaction volume.
Phase 1: Testing & deploying TCY, refining payout modules.
Announcements: Weekly updates, TCY launch date to be announced
Conclusion:
THORChain prioritizes sustainability, fair TCY distribution, and capital efficiency. The community is encouraged to stay engaged and review proposed solutions.
$RUNE
#THORChain
1. Settlement of Synthetic Assets (Synths)
Issue: Synths unrelated to Saver products were found in THORChain wallets, totaling several hundred thousand dollars.
Solution: The reimbursement process is detailed in the THOR-fi unwind channel. The team urges the community to review and provide feedback.
Note: No changes for Saver users and lenders—adjustments affect only "stuck" synths.
2. Emission Curve Update (Prop 6, Phase 0)
Changes: Block emissions cut from 25,000 RUNE/day to ~2 RUNE/day. Validator and LP rewards now come solely from swap fees.
Reasons: Reducing inflationary pressure (at $10 RUNE, annual emissions would reach $100M) and eliminating reserve-based auto-selling, making RUNE more attractive to investors.
Status: Phase 0 launched, under evaluation.
3. TCY & DLP Adjustments
TCY (ThorChain Yield Token):
Compensation for Saver holders and those affected by synth issues.
Mechanism: Unclaimed TCY is auto-used for buybacks via fees, ensuring demand. TCY’s value depends on network transaction volume.
Claiming: Requires a separate frontend, no time limit, but delays reduce short-term payouts.
Dual Liquidity Pools (DLP):
Leverage retained to avoid market pressure.
High-leverage pools closed for new deposits to protect LPs.
Reserves split into in-kind assets (BTC, ETH, etc.) and liquid reserves (POL) for stability.
4. TCY Technical Implementation
Optimizations: KVStore tracking reduces managed addresses from 100k to ~10k. RUNE-TCY pool fees fund TCY buybacks.
Security: Only claim TCY via verified frontend. Official channels: THORChain Discord & Twitter.
5. Economic Outlook & Risks
Burning: Under discussion but requires evaluating the impact of emission halts on node and LP yields.
Monitoring: Protocol resilience, validator inflows, and node efficiency (bare metal transition, cost optimization).
6. Community & Next Steps
Shared Interests: RUNE holders, LPs, and nodes benefit from higher RUNE prices and transaction volume.
Phase 1: Testing & deploying TCY, refining payout modules.
Announcements: Weekly updates, TCY launch date to be announced
Conclusion:
THORChain prioritizes sustainability, fair TCY distribution, and capital efficiency. The community is encouraged to stay engaged and review proposed solutions.
$RUNE
#THORChain
$RUNE Congratulations to everyone who doesn't know, a new era has begun for Thorchain, the era of decentralization and deflation. If you want to learn more, read my posts.
THORChain ($RUNE ): The Shift to Absolute Decentralization
The THORChain ecosystem is approaching a fundamental upgrade that will significantly reshape its economic model and governance structure.
1️⃣ End of Inflation
With the removal of block rewards, $RUNE will no longer inflate. This is a critical moment for the network’s tokenomics: in a scenario where demand for liquidity remains stable or grows, a fixed supply could increase scarcity and strengthen the asset's long-term value.
2️⃣ Admin Key Burn
In the upcoming release, the admin key will be permanently destroyed, making network governance fully decentralized. This eliminates any theoretical possibility of centralized intervention and marks a pivotal step in THORChain’s evolution as a truly autonomous DeFi protocol.
3️⃣ Deflationary Mechanism
With burned daily, the circulating supply continues to decrease, reinforcing the network’s economic sustainability. Combined with the removal of block rewards, this creates strong deflationary pressure, enhancing long-term tokenomics.
These changes are not just technical adjustments—they establish the foundation for THORChain as a decentralized, self-sustaining ecosystem governed entirely by its community.
THORChain is no longer just a DeFi project—it is an independent economic system.
#THORChain $RUNE
The THORChain ecosystem is approaching a fundamental upgrade that will significantly reshape its economic model and governance structure.
1️⃣ End of Inflation
With the removal of block rewards, $RUNE will no longer inflate. This is a critical moment for the network’s tokenomics: in a scenario where demand for liquidity remains stable or grows, a fixed supply could increase scarcity and strengthen the asset's long-term value.
2️⃣ Admin Key Burn
In the upcoming release, the admin key will be permanently destroyed, making network governance fully decentralized. This eliminates any theoretical possibility of centralized intervention and marks a pivotal step in THORChain’s evolution as a truly autonomous DeFi protocol.
3️⃣ Deflationary Mechanism
With burned daily, the circulating supply continues to decrease, reinforcing the network’s economic sustainability. Combined with the removal of block rewards, this creates strong deflationary pressure, enhancing long-term tokenomics.
These changes are not just technical adjustments—they establish the foundation for THORChain as a decentralized, self-sustaining ecosystem governed entirely by its community.
THORChain is no longer just a DeFi project—it is an independent economic system.
#THORChain $RUNE
How THORChain Turned Losses into Profits for Investors
Until recently, THORChain was on the verge of bankruptcy, but the team found an ingenious solution that not only saved the project, but also made it attractive to investors.
Why was everyone waiting for the crash?
– Large debts to landers
– Doubts about the ability to pay them
– Expectation of an outflow of users and a fall in the RUNE token
– Inefficiency of classical restructuring methods
Proposal 6: How was the project saved?
– Debts were converted into a new TCY token (1 to 1)
– A total of 200 million TCY
will be issued – TCY owners will receive 10% of the total revenue of the protocol forever
– Payments will be in RUNE tokens
– A liquid pool of RUNE/ TCY for $ 500 thousand is being created.
Why does it work?
– Creditors immediately receive a share in the business instead of waiting for payments
– No need to look for new investors
– The protocol develops without debt burden
– TCY can become a valuable passive asset
What is happening now?
– The volume of transactions is $440M per day, despite the crisis
– The active burning of RUNE supports its price
– The community supported the proposal, showing trust in the team
Forecasts and prospects
– Major players are not selling TCY, expecting its growth
– A possible increase in TCY to $1+ and the introduction of a $5 buyback
– The launch of new integrations in 2025
– The first payments to TCY holders will confirm the viability of the scheme
Technical features
– Automated revenue distribution through smart contracts
- Full transparency of the system
– Easy integration with the current infrastructure
THORChain has shown a new way to save problematic projects. If the scheme proves successful, it could change the approach to debt restructuring in the crypto industry.
Until recently, THORChain was on the verge of bankruptcy, but the team found an ingenious solution that not only saved the project, but also made it attractive to investors.
Why was everyone waiting for the crash?
– Large debts to landers
– Doubts about the ability to pay them
– Expectation of an outflow of users and a fall in the RUNE token
– Inefficiency of classical restructuring methods
Proposal 6: How was the project saved?
– Debts were converted into a new TCY token (1 to 1)
– A total of 200 million TCY
will be issued – TCY owners will receive 10% of the total revenue of the protocol forever
– Payments will be in RUNE tokens
– A liquid pool of RUNE/ TCY for $ 500 thousand is being created.
Why does it work?
– Creditors immediately receive a share in the business instead of waiting for payments
– No need to look for new investors
– The protocol develops without debt burden
– TCY can become a valuable passive asset
What is happening now?
– The volume of transactions is $440M per day, despite the crisis
– The active burning of RUNE supports its price
– The community supported the proposal, showing trust in the team
Forecasts and prospects
– Major players are not selling TCY, expecting its growth
– A possible increase in TCY to $1+ and the introduction of a $5 buyback
– The launch of new integrations in 2025
– The first payments to TCY holders will confirm the viability of the scheme
Technical features
– Automated revenue distribution through smart contracts
- Full transparency of the system
– Easy integration with the current infrastructure
THORChain has shown a new way to save problematic projects. If the scheme proves successful, it could change the approach to debt restructuring in the crypto industry.
Yesterday, many people thought that @THORChain would die, but it remains one of the most profitable protocols in the industry, and today we see the daily volume of swaps at the level of the market value of the entire protocol. 🤯
📊 $468M market capitalization
📈 $440M in daily swap volume
It's incomprehensible.
The death spiral that everyone was talking about yesterday was stopped thanks to Proposition 6.
This proposal converts defaulted debts into $TCY shares, which was adopted by a super majority of votes, and is arguably one of the largest moves in cryptocurrency at the moment.
The proposal can be summarized as follows
✅ $TCY holders will receive 10% of THORChain's revenue for the entire time 🤯
Creditors will receive instant capital, instead of paying off the debt for years.
There is no need for confidential private fundraising.
As for the numbers, here are the main conclusions:
☑️ 200M $TCY minted = 1 TCY per $1 of defaulted debt.
☑️ $TCY earns 10% of the protocol fee forever, paid in $RUNE
The $500K $RUNE /$TCY pool starts at $0.10 per $TCY.
Although it's hard to say anything positive about the current situation, there's nothing so bad that it doesn't benefit. In this case:
⚡️ $RUNE is burning down!
⚡️ The price of $RUNE may become a fateful capital in a few years.
⚡️ $TCY can become the best source of passive income of all time!
$RUNE $TCY
📊 $468M market capitalization
📈 $440M in daily swap volume
It's incomprehensible.
The death spiral that everyone was talking about yesterday was stopped thanks to Proposition 6.
This proposal converts defaulted debts into $TCY shares, which was adopted by a super majority of votes, and is arguably one of the largest moves in cryptocurrency at the moment.
The proposal can be summarized as follows
✅ $TCY holders will receive 10% of THORChain's revenue for the entire time 🤯
Creditors will receive instant capital, instead of paying off the debt for years.
There is no need for confidential private fundraising.
As for the numbers, here are the main conclusions:
☑️ 200M $TCY minted = 1 TCY per $1 of defaulted debt.
☑️ $TCY earns 10% of the protocol fee forever, paid in $RUNE
The $500K $RUNE /$TCY pool starts at $0.10 per $TCY.
Although it's hard to say anything positive about the current situation, there's nothing so bad that it doesn't benefit. In this case:
⚡️ $RUNE is burning down!
⚡️ The price of $RUNE may become a fateful capital in a few years.
⚡️ $TCY can become the best source of passive income of all time!
$RUNE $TCY
$RUNE The prosperity of each project depends on its community, everyone who writes bad comments about this project is truly traitors, traitors not only to the project but also to their dignity
$RUNE
"So, we are very close to the exit plan from THORFi. The ideas are borrowed from @proof_steve @1984_is_today and @tbr90.
Let me explain it.
1) Everyone will eventually get their deposits back - by sharing the income of the system.
2) During the ADR process, the nodes will determine how much to divide - 5-20% is the suggested range.
3) Based on current income rates (and expected doubling), everyone will be logged out within ~5 years.
4) The system will select a random borrower/saver/liquidity provider every day and try to throw out his deposit in full - without haircuts, and directly in the asset L1 of his deposit.
5) You can skip the daily random queue and get your money back faster by closing the loan manually - but you may have to agree to a haircut.
6) According to the plan, all small borrowers/savers will be thrown out first (80% of them). Eventually, the system will be able to pay off larger positions.
7) The borrower/saver's exit mechanism is measured by income - the RUNE for repayment occurs through the accumulation of a share of income.
8) When exiting RUNEPooler, there is a net purchase of RUNE. About $9 million in RUNE will be purchased upon exit from the POL position for the amount of $18 million.
9) Tokenization of the App Layer will be carried out later.
SUMMARY:
- If you are patient, just relax and your deposit will be refunded.
- If you're impatient, you can skip the queue and get a haircut.
The end result:
- All borrowers will be refunded the outstanding L1 deposit (they will not need to repay the debt)
- All savers will have their full deposit refunded
- All poolers will get their RUNES back
- RUNE is not minted, the whole process is funded by the system income.
Thank you all, ask questions."
"So, we are very close to the exit plan from THORFi. The ideas are borrowed from @proof_steve @1984_is_today and @tbr90.
Let me explain it.
1) Everyone will eventually get their deposits back - by sharing the income of the system.
2) During the ADR process, the nodes will determine how much to divide - 5-20% is the suggested range.
3) Based on current income rates (and expected doubling), everyone will be logged out within ~5 years.
4) The system will select a random borrower/saver/liquidity provider every day and try to throw out his deposit in full - without haircuts, and directly in the asset L1 of his deposit.
5) You can skip the daily random queue and get your money back faster by closing the loan manually - but you may have to agree to a haircut.
6) According to the plan, all small borrowers/savers will be thrown out first (80% of them). Eventually, the system will be able to pay off larger positions.
7) The borrower/saver's exit mechanism is measured by income - the RUNE for repayment occurs through the accumulation of a share of income.
8) When exiting RUNEPooler, there is a net purchase of RUNE. About $9 million in RUNE will be purchased upon exit from the POL position for the amount of $18 million.
9) Tokenization of the App Layer will be carried out later.
SUMMARY:
- If you are patient, just relax and your deposit will be refunded.
- If you're impatient, you can skip the queue and get a haircut.
The end result:
- All borrowers will be refunded the outstanding L1 deposit (they will not need to repay the debt)
- All savers will have their full deposit refunded
- All poolers will get their RUNES back
- RUNE is not minted, the whole process is funded by the system income.
Thank you all, ask questions."
$RUNE Good day to everyone, this morning 95% of those who want to withdraw their funds from the node sold, this does not mean that the validators stopped working , this is not at all the case, it's just that people who were afraid for their funds sold below a dollar , which is not clear why such an act is justified, but the price has even increased, YZI LABS is interested in buying the project, it is now underway The Propsal6 vote left 5 validator votes where a decision is likely to be made. Do your research and don't believe everything in the comments, because every burden is followed by relief.
$RUNE All the statements left in the comments are not supported by anything , they recorded the loss and are trying to make sure that you also recorded in order to share this stupid act, you are not here to waste time on meaningless statements, a similar situation was two years ago , at the same time he issued 10x with the same values , this is not the project that can it's easy to close, yes, he has obligations, but the l1 guys have an elementary solution for btc. The same Trust wallet can buy him out with his debt, which is a mere penny for him
Stay patient for every burden comes relief.
Stay patient for every burden comes relief.
$RUNE THORChain does not comment on the situation in any way - it's a lie.
Validators begin to suspend their work. - only those who have obligations to other users who want to sell in a panic. The validators remain in sole possession.
On January 26, interactions with loans were suspended. "It's a half-truth. They were stopped almost 3 years ago, when there was no room left for loans. Since 29, only the ability to repay loans has been stopped (which no one has done for the last six months anyway) in order to determine whether there is any risk from loans and how to encourage users to withdraw them faster in order to switch to a more diverse lending system.
But, apparently, no consensus was reached. - A consensus has been reached, and one of the seven different initial proposals has been combined. It is currently in the final discussion stage between developers, major node holders and the community (from those who do not read food, but participate in the life of the project)
Validators begin to suspend their work. - only those who have obligations to other users who want to sell in a panic. The validators remain in sole possession.
On January 26, interactions with loans were suspended. "It's a half-truth. They were stopped almost 3 years ago, when there was no room left for loans. Since 29, only the ability to repay loans has been stopped (which no one has done for the last six months anyway) in order to determine whether there is any risk from loans and how to encourage users to withdraw them faster in order to switch to a more diverse lending system.
But, apparently, no consensus was reached. - A consensus has been reached, and one of the seven different initial proposals has been combined. It is currently in the final discussion stage between developers, major node holders and the community (from those who do not read food, but participate in the life of the project)
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