I like this proposal. It gives anyone the ability to bet on THORChain's future cash flows and earn fees just by buying $TCY.

Incredible proposal

Yes, only one I have seen that does not choose winners/losers.

very reasonable proposal. always believed in the Maya team 👍

This seems to be a more palatable proposal. I agree that we should all be in the same boat- big and small investors in the lending program to be compensated equally based on amount invested.

Since Thor created this problem (through ThorFi), Thor should also create a solution for these tokens

There should be a very simple marketplace tab added on Thor, where people can purchase and sell these TCY tokens (to help debtors given TCY realize their recovery) while also driving more potential TCY buyers to Thor's website. Then i think once this quick step, the proposal is considered fully thoughtful of all parties

Always a pleasure to read you, ser =) All this looks great, including the possibility to buy back and burn $TCY when the protocol will recover a stronger position!

I'll humbly make two suggestions:

1. To mint $TCY, forget Ethereum, because of gas volatility but not only, I'm afraid the "largest decentralized network" lost a bit of its independence with the ETFs. THORChain, as Maya Protocol, natively supports smart contracts, even interactive NFTs. TNS, THORName Service, is working, just saying ;) The question is: can it mean a risk of Death Spiral if $TCY is minted on THORChain?

2. About Block Rewards: <<We do suggest doing a balancing act of lowering them slowly and progressively>> The problem with progressivity is no one notice it. Guys, this is a golden opportunity to satisfy everyone!!! Bitcoin does its own marketing for free every four years, with the Halving, that alone is enough to get the attention of the entire Crypto community, and beyond! LET'S DO THE SAME! Every four years, synchronized with BTC, or every two years, TBD, a Brutal Halving of Block Rewards, in other words, a Halving of $RUNE emission =)

What was the total TC swap fee for 2024?

"Make a shallow ($500k) RUNE/TCY pool at $0.10 per TCY (or 2 year payback for buyers)" And why is it a 2yr payback? how is that calculated?

great