THORChain has suspended THORFi lending services

ChainCatcher news, according to The Block, the decentralized cross-chain trading protocol THORChain has suspended THORFi lending services. This move is part of a 90-day "restructuring" plan aimed at reducing issues related to "savings and lending" projects. THORChain founder John-Paul Thorbjornsen stated, "The protocol has made a lot of money, and once the restructuring is complete, it will be able to repay its debts."