TREE NEWS update: THORChain plans to deploy its v3.21 upgrade at block 28,366,100 around Oct. 23, aiming to fix the exploit that halted the network and restart Rujira. Rujira intends to request a conditional 24-hour liquidation grace period for borrowers as part of the restart. The upgrade and grace-period request are tied to recovery from the exploit.
THORChain Targets v3.21 Upgrade to Fix Exploit, Restart Rujira
AI take
The significance here is procedural: recovery is being staged as a coordinated upgrade-plus-restart rather than an emergency patch, with Rujira seeking a conditional liquidation grace period to soften the unwind for borrowers. That request is the part worth watching, since it shifts some exploit costs onto a delay in liquidations rather than immediate settlement. Whether the block-height deployment lands on schedule and whether the grace period is granted on those conditional terms remain the open questions.
Generated by AI for reference only.
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