1 hour ago
THORChain Details Governance Rules for Network Upgrades and Fee Changes
DeFiBlockchain GovernanceCrypto Nodescrypto securitydecentralized exchangesNode OperatorsRuneThorchainTHORChain Governance
TLDR: THORChain currently has 111 active nodes, each required to bond at least 300,000 RUNE. Major software upgrades and economic changes require approval from two-thirds of active nodes. Mimir allows nodes to adjust network parameters without requiring a full software upgrade. THORChain automatically removes two nodes every three days and halts swaps during detected insolvency. [...]
The post THORChain Details Governance Rules for Network Upgrades and Fee Changes appeared first on Blockonomi.
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