THORChain is nearing the final stage of its recovery after the exploit in May, and the coming days will be crucial for the network's future.
Validators are assessing the v3.19 update, which includes TSS security patches, the implementation of ADR028, and new mechanisms to isolate compromised vaults. The aim is to gradually restore all the protocol's functions without compromising security.
One of the highlights of the plan is that THORChain has decided to avoid issuing new
$RUNE . Instead, the losses from the incident will be absorbed through the protocol's own liquidity (POL), protecting holders from potential dilution.
The recovery doesn't just hinge on reactivating trading. It also requires demonstrating operational stability, strengthening infrastructure, and regaining the trust of liquidity providers.
If the restart is successfully completed, THORChain could turn one of its biggest challenges into an opportunity to solidify its position within the DeFi and cross-chain sector.
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