Savers and Lending (Historical)
Savers and Lending were THORFi-era features. They are useful for understanding the protocol's history, but they should not be presented as current products or deposit instructions.
Official archived THORChain pages state that Savers and Lending were permanently deprecated on January 4, 2025, are no longer available, and remain documented only for historical reference.
What This Page Can Prove
- Savers and Lending were THORFi-era products and were permanently deprecated on 2025-01-04; retained pages and memo handlers are historical evidence, not availability signals.
- Savers used single-sided synthetic accounting; Lending was part of the same historical THORFi liability surface.
- The THORFi unwind led to TCY recovery-token framing, but TCY is not the old Savers or Lending product returning under a new name.
Evidence Ladder
Use archived docs and dated THORFi sources for past mechanics. For TCY, check current Network diagnostics controls such as TCYCLAIMINGHALT, TCYSTAKINGHALT, TCYSTAKEDISTRIBUTIONHALT, TCYUNSTAKINGHALT, and HALTTCYTRADING; then use the TCY Recovery Timeline, official interfaces, and address-specific THORNode evidence. Third-party support also needs implementation review.
What Savers Were
Savers offered single-sided exposure through synthetic accounting. A user could deposit an external asset without pairing it with RUNE, and the protocol accounted for yield differently than a full liquidity-provider position.
That historical design was meant to lower the barrier to passive exposure, but it also introduced protocol-liability and solvency questions that became central to the THORFi unwind.
What Lending Was
Lending allowed users to borrow against collateral through THORFi mechanics. Like Savers, it is now archived historical content, not a current borrowing path.
When describing Lending, keep the distinction clear:
| Topic | Historical Lending | Current Wiki Wording |
|---|---|---|
| Availability | Deprecated | Do not describe as available |
| Risk | Protocol-liability and solvency risk | Use dated, source-backed phrasing |
| User action | Previously borrow/repay mechanics | Do not provide current instructions |
TCY Aftermath
TCY is the recovery-token framing that followed the THORFi unwind. The wiki should explain TCY as recovery context, not as a guaranteed recovery outcome or investment recommendation.
Use current-only language for:
- TCY claiming state
- TCY staking state
- recovery votes or ADR status
- live Mimir pause flags
- any claim or redemption value
For the dated unwind sequence and recovery-token details, see the TCY Recovery Timeline. This page stays focused on what the archived products were and why they should remain past-tense.
Source Posture
The stable rule for this page is conservative:
- Historical mechanics can be explained in past tense.
- Current availability must come from official docs or live THORNode state.
- Unknown live state must be labeled unavailable or needs review, not assumed active.
TCY is not Savers returning, and preserved memo syntax does not revive a deprecated product. Claim ratios and revenue-share descriptions do not guarantee par recovery or market value; dated liability snapshots are not current repayment totals. Current claiming, staking, trading, distribution, interface safety, and one claimant's status all require the live evidence above.