Thorchain暫時暫停比特幣和以太貸款和儲蓄計劃

Thorchain是一種實現交叉鏈掉期的分散協議，已暫時暫停其比特幣和以太貸款和儲蓄計劃。

Decentralized crosschain protocol THORChain has paused its BTC and ETH lending and savings programs to help the protocol restructure its $200 million in liabilities.

分散的交叉鏈協議Thorchain暫停了其BTC和ETH貸款和儲蓄計劃，以幫助協議重組其2億美元的負債。

The move was approved by network node operators and announced on the project’s Discord by Orion, a pseudonymous THORChain developer. The pause will reportedly last for 90 days, during which swaps will continue uninterrupted.

此舉得到了網絡節點運營商的批准，並由thorchain開發人員Orion在項目的不和諧上宣布。據報導，停頓將持續90天，在此期間互換將繼續不間斷。

The decision aims to protect network stability and provide time for the community to craft a recovery plan, according to Orion.

Orion說，該決定旨在保護網絡穩定性，並為社區提供時間制定恢復計劃。

THORChain is a decentralized liquidity protocol that facilitates crosschain swaps, enabling users to trade assets like BTC and ETH without relying on centralized intermediaries.

Thorchain是一種分散的流動性協議，可促進交叉鏈掉期，使用戶能夠在不依賴集中式中介機構的情況下交易BTC和ETH等資產。

These trades are powered by liquidity pools that are, in turn, supported by user deposits. Liquidity is maintained and transactions are settled using THORChain’s native token, RUNE.

這些交易由用戶存款支持的流動性池提供動力。維持流動性，並使用Thorchain的天然令牌符文來解決交易。

The ThorFi lending and savers programs, which are now paused, provided users with the opportunity to earn yields on their BTC and ETH deposits or to borrow against their holdings.

Thorfi貸款和儲戶計劃現在已暫停，為用戶提供了機會，可以在其BTC和ETH存款上賺取收益率或借用其持股。

With the mounting liabilities and the threat of a “run” on the protocol, the temporary suspension is intended to prevent a cascade of liquidations and stabilize THORChain’s financial position.

由於持續的負債和對協議的“運行”威脅，臨時暫停旨在防止一連串的清算級聯並穩定胸切奇的財務狀況。

The decision has elicited a range of responses, with some community members expressing confidence in the protocol’s ability to service its debts once a new plan is in place.

該決定引起了一系列回應，一些社區成員對協議一旦制定了新計劃的能力表示信心。

Others have likened the situation to a Chapter 11 bankruptcy and called for a collaborative approach to preserving the protocol’s value.

其他人將這種情況比作11章破產，並呼籲採用協作方法來保留協議的價值。

Notably, ShapeShift founder Eric Voorhees has acknowledged that while the suspension was necessary, it highlights the risks of the experimental lending and saving models that have now proven unsustainable.

值得注意的是，Shapeshift創始人埃里克·沃希斯（Eric Voorhees）承認，雖然暫停是必要的，但它突出了實驗貸款和儲蓄模型的風險，這些模型現已證明是不可持續的。

Voorhees added that these features had been flagged as high-risk long before the current suspension.

Voorhees補充說，這些功能在當前懸架之前很久以來被標記為高風險。

Despite these challenges, THORChain’s core decentralized exchange functionality remains operational, allowing liquidity providers to continue making deposits and withdrawals.

儘管面臨這些挑戰，但Thorchain的核心分散交換功能仍在運營，從而使流動性提供者能夠繼續進行存款和提款。

However, the price of RUNE has dropped by 32%, reflecting market concerns about the protocol’s financial health.

但是，符文的價格下跌了32％，這反映了市場對協議財務健康的關注。

The THORChain development team has yet to publicly comment on the next steps, but the community has 90 days to propose a plan for addressing the liabilities and restoring confidence in the network.

Thorchain Development團隊尚未公開評論下一步，但是社區有90天的時間提出了解決負債並恢復網絡信心的計劃。