Earlier today, THORSwap conducted the final stage of it's IDO on THORChain
Earlier today, THORSwap conducted the final stage of it's IDO on THORChain.
In the minutes before trading was enabled for the general public, the community was frustrated to see large transactions being executed by whales front-running the public on-sale.
To the communities surprise, the large transactions had come from THORChain's own treasury - a fact that understanably sparked disappointment and outrage amongst many of the would-be investors.
In this quick emergency pod, I had the chance to sit down (in person!) with THORChain Lead Dev Chad Barraford, for an impromptu conversation about what transpired, the mistakes that were made, and some thoughts on what the next steps might be to make things right for the community.