Thorchain Introduces TCY Token to Address $200 Million Debt Crisis 

Thorchain has endorsed a strategy to alteration $200 cardinal successful indebtedness into equity by issuing a caller token, Thorchain Yield (TCY), successful a bid to fortify its fiscal footing. Thorchain Converts $200 Million Debt to Equity successful Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs aft amassing sizeable liabilities. […]