According to Foresight News, the decentralized cross-chain liquidity protocol THORChain announced on Twitter that it will implement a 90-day network reorganization plan. Currently, node operators have suspended the THORFi lending and savings redemption functions, but core functions such as Swap transactions, liquidity provision (LP) operations, and RUNE transfers remain operational. During the reorganization period, the focus will be on community proposals to achieve a reasonable restructuring of liabilities. Node operators plan to hold a meeting with proposal authors early next week to discuss specific solutions. Relevant proposals have been submitted on the THORChain developer community Discord, and the project team emphasizes that it will ensure the comprehensiveness and feasibility of the plans through open dialogue.

RUNE

According to Foresight News, the decentralized cross-chain liquidity protocol THORChain announced via Twitter that it will implement a 90-day network restructuring plan. Currently, node operators have suspended the THORFi lending and savings redemption functions, but core functionalities such as swap transactions, liquidity provision (LP) operations, and RUNE transfers continue to operate normally. During the restructuring period, the focus will be on community proposals to achieve a reasonable restructuring of liabilities. Node operators plan to hold a meeting with proposal authors early next week to discuss specific solutions. Relevant proposals have been submitted on the THORChain developer community Discord, and the project team emphasized that they will ensure the comprehensiveness and feasibility of the solutions through open dialogue.

THORChain has launched a 90-day network restructuring plan, pausing THORFi lending and savings services.