THORChain Sends 20% of Income to POL Amid Network Upgrades

THORChain has made several key changes to its operations, sending 20% of its income to POL and reducing RUNE burn. The move comes as part of a larger effort to improve efficiency and stability within the network.

In related news, THORChain's swap queue has been shown to neutralize sandwich attacks, which can lead to significant maximum extractable value (MEV) costs for traders. According to a technical guide published by THORChain, its execution model is designed to mitigate this issue.

A recent attack on Coldcard vaults saw an attacker move $7.7 million in Bitcoin through THORChain and CoinJoin. The funds were shifted between different wallets, with 45% of the stolen amount being routed through THORChain.