THORChain (RUNE) - Community Updates - 02 Feb 2025

THORChain gets key community support with 'Proposal6' to tackle $200M debt. They plan to convert this into equity with a new token. It could lead to a positive price impact on RUNE, as trust returns. The new token will receive 10% network revenue, giving holders a share of future earnings. This setup may boost investor confidence. The flexibility for token holders to sell at their discretion could stabilize the market. The outcome depends on implementation success and demand for equity tokens. sourceTHORChain Community UpdateThank you to the community members, Node Operators, and builders who have remained committed throughout this critical moment for the network. Your dedication and contributions have been invaluable in shaping the path forward and ensuring THORChain’s…