TechFlow reports that on January 26, the decentralized cross-chain liquidity protocol THORChain announced this morning the implementation of a 90-day network reorganization plan. Node operators have suspended THORFi lending and savings redemptions, while core functions such as swaps, liquidity provision (LP), and RUNE transfers remain operational.
The project stated that during the reorganization period, it will focus on community proposals to achieve reasonable debt restructuring. Node operators plan to meet with proposal authors early next week to discuss specific solutions. Relevant proposals have already been submitted in the THORChain developer community Discord, and the team emphasized that open dialogue will ensure the comprehensiveness and feasibility of the solutions.
