Community Memo. Terra Chain Update. Projects fail because of Central Planning.

17 May 2022, 03:52
Community Memo Terra Chain Update Projects fail because of Central Planning. THORChain will ultimately fail if it cannot shed central planning aspects, such as mimir, Devs and treasury. It will be fake-decentralised. For everyone involved and looking for problems-solutions please frame your perspective with a simple question: "how can we solve this with the minimum involvement from mimir, Devs, treasury, instead stick to the principles THORChain is built on: codified network rules." The network auto-paused. Devs identified that toxic arb can drain all the rune in the pools. Because this puts funds-at-risk to LPs, only 1 change has been rolled out: block toxic arb. When the chain is unpaused, no other changes, input or central planning is required. Thus this is now the template for the community to navigate future chain-implosions, which is a non-zero risk at all times.

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REI Network
REI NetworkREI #724
Telegram
17 May 2022, 04:15
All AMA rewards distributed now. please check
All AMA rewards distributed now. please check.
All AMA rewards distributed now. please check
Vita Inu
Vita InuVINU #979
Telegram
17 May 2022, 04:05
telegram news 17 May 2022 04:05
https://twitter.com/VitaInuCoin/status/1526413494274297857?t=n2YTfOm20e0EP_lMYd5djA&s=19