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Thorswap's latest announcement: earning and withdrawals paused

Recent Turmoil for Thorswap | Earning and Withdrawal Issues Emerge

By

Sofia Kim

Apr 27, 2025, 12:32 AM

Edited By

Chloe Dubois

Less than a minute read

Thorswap logo with a warning symbol indicating paused earnings and withdrawals

As of late April 2025, a growing number of participants are expressing frustration over halted earnings, withdrawals, and deposits on Thorswap, following the recent announcement regarding network changes. Some predict a shake-up with the launch of a new token, TCY, aimed at restructuring ThorFi.

Problematic Withdrawals and Earnings

Participants are hitting roadblocks when trying to withdraw from liquidity pools, with one stating, "Thoryield is showing me ∞ for current value. Withdrawal not possible. Have I missed something?" Meanwhile, users have been directed toward team communications to find clarity amid ongoing issues.

The New Token Launch and Revenue Sharing

The upcoming launch set for May promises to introduce TCY, a token that plans to channel 10% of network revenue to its holders. A user notes, "TCY launch in May, which is the token to unwind ThorFi." This initiative could shift the revenue landscape and possibly provide relief to frustrated participants.

Community Support and Safety Precautions

Amid the chaos, individuals are reminded to navigate cautiously. One comment warns, "Do not ever click on links from users of this forum Immediately report anyone attempting to scam community members." This underscores the importance of maintaining security within the community as problems arise.

User Sentiment Overview

The community feedback is mixed, oscillating between positive anticipation for the TCY token and negative experiences regarding current earning capacities. Users are actively seeking answers, but many feel unsupported in this unofficial, community-run setting.

Key Highlights

  • πŸ”» Overwhelming frustration with withdrawal issues reported by users

  • πŸ’° TCY token to launch in May, redistributing 10% of revenue

  • ⚠️ Users advised against clicking unknown links due to potential scams

As the situation develops, will the new token bring the promised relief, or will it add to the existing frustrations? Only time will tell.