THORChain approves conversion of $200M debt into equity tokens
THORChain node operators have approved a restructuring plan allowing it to convert its $200M debt into equity tokens. The move is aimed at stabilizing THORChain’s operations by addressing its liabilities. THORChain (RUNE) price rose 13.7% after the news but remains down 72.7% over the past month. THORChain node operators have approved a restructuring plan proposal […]
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