State of the Network 27/04: THORChain’s Node Network Rebounds Stronger Than Ever
The sunset of ThorFi, the Bybit hack, and a radical shift away from inflationary block rewards could have been a breaking point. For many protocols, it would have been.
But for THORChain?
It became a stress test = one the network passed with resilience and growing conviction.
⚡️Today’s network state shows something simple but very profound:
When incentives shrink and stress hits, true belief steps up from chads!
Now let’s dive into the numbers behind THORChain’s recovery
⚡️Revenue Reset: The Move to Real Yield
A few months ago, THORChain made a cool change-up:
Block rewards (inflationary emissions) were removed.
Node Operators now earn solely from liquidity fees! Now that’s real, protocol-driven activity.
If you’re thinking this is just a payout change = No way!
This is a gigantic shift from “get paid for securing blocks” → to “get paid for growing the ecosystem.”
Real work for real rewards.
Shoutout to chad @rykcrypt !