FullCrypto
Reading Time: 2 minutesA Thorchain critic has alleged that the project is insolvent, citing $199 million in liabilities against $107 million in liquidity The protocol is accused of exacerbating financial risks through leveraged mechanics and non-circulating tokens Thorchain validators have reportedly paused the network to deliberate on restructuring options A series of tweets from a critic of Thorchain…
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Thorchain is “Insolvent”, Says High Profile Critic
Mark Hunter
18:25
Reading Time: 2 minutesA Thorchain critic has alleged that the project is insolvent, citing $199 million in liabilities against $107 million in liquidity The protocol is accused of exacerbating financial risks through leveraged mechanics and non-circulating tokens Thorchain validators have reportedly paused the network to deliberate on restructuring options A series of tweets from a
