Degen Chain, a Layer-3 network, experienced a significant halt in block production, ceasing operations for over 53 hours. The stoppage, triggered by a custom configuration change, impacted various decentralized applications hosted on the network, including DegenSwap and Relay Bridge. The network's troubleshooting efforts involve a complete resynchronization from the genesis block, coordinated by Conduit and Offchain Labs. The halt has led to a notable 24% drop in the value of Degen Chain’s native token, DEGEN.
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