364k $RUNE to be returned to Thorchain Liquidity Providers and Node operators
I’m not sure about you guys, but from where I stand it does seem like we are very much in the season of abundance, from Hive point of view and across other bags I hold. Just scrolling through my timeline on Twitter today I got to discover a news that pertains to all thorchads.
Thorchain is backpaying all Thorchain nodes operators and liquidity providers for missed block rewards during the halt. As most of us know, the hacks were followed by a nearly 3 months chain halt, meaning funds were just sitting idle inside the chain, and sincerely 3months in crypto can be like a full year in real life.
Anyway, it was a pain most of the LP’s and node operators were willing to carry, only for Thorchain to reveal that all the block rewards for that time will be paid back into the reward pool so everyone who has been in the chain without withdrawing liquidity will share in the pool and receive more Rune into their LP positions, through the screenshot circulated from discussions within the Thorchain dev team discord channel.
It doesn’t get more amazing than this. Like you, I have a lot of questions too, like what block rewards since the chain was halted? And a bunch of other -how this- and -when thats-. But I’m not even bothered to be frank, perhaps there will be more information when it happens.
The screen shot was 2 days ago, and it said if there were no issues it will be actioned in the next 3-5 days which starts from tomorrow, so sit tight fellas, Thorswap’s airdrop was perhaps only a teaser . Sit back relax and enjoy the ride.
Thorchain has been gradually coming back online starting with Binance chain, followed by LTC and BTC, It was also revealed that ETH chain is about to start early in the week and Thorchain will begin full operation again, sigh of relief, I’m so happy about this.
The battle for decentralization and self sovereignty lives to see another day. Binance, Kraken are all bending their knees to regulators, the crack down on Chinese exchanges is real and messed up, Thorchain is the answer to many worries. Thorchain bends to no rules....Thorchain plays a huge role in the future crypto.
Welcome to the season of abundance people!
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