THORChain's members passed “Proposal6” to convert nearly $200 million of unserviceable debt into equity via a new token, TCY (Thorchain Yield), with a total supply of 200 million tokens. This action ...
ThorChain, a network for DeFi services, has reached a consensus to restructure its bad debt in a $200M debt-to-equity swap. To reward its users, ThorChain will issue a new asset, TCY, which will grant ...
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