I searched but noone posted it here

https://twitter.com/RiotEvrMoar/status/1404520255016247298?s=20

" There are changes to ranked coming, and we are wrapping up our plans on how to discuss those changes - we will talk about them on the Episode 3 Live Stream June 21 at 10am PT. Episodes are when we have our bigger ranked resets. "

" There is no hard reset planned, I've talked about this on random threads but it's just pure chaos and won't achieve the results people expect. We will have a very harsh reset that will squish ranks, and will effect MMR(along with our other planned changes). "

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Someone asked "why no hard reset?" the answer from EvrMoar:

"If you don't make changes to the core system, ranks would end up in the exact same place they are now. If people put their Skill/Gameplay into our system, the system spits out their skill rating. It will still spit out the same skill rating. This is because MMR is a ladder.

So not only would people end up in the same place, for the first Act. You would be hoping that you got the former Radiant/Immortal player on your team and not the Iron/Bronze players. Every match would be a coinflip until the high ranks grinded MMR over everyone.

In fact sometimes games put mechanics in place to combat "Game/Ranked Launch" so that people are shot outward. It helps but it still isn't accurate and causes its own issues(but it's better then starting fresh if you do it right). So you then have to develop/do that.

By soft reseting, pushing people down, we get the effect you want(making sure people don't get boosted to ranks/hard stuck). Also since ranked is a ladder as long as the math checks out you just have to perform better then others to climb.

We don't need you to start over, we just need to make sure the math is doing what it's suppose to. Then, on top of a soft reset, the ladder system will move you up and down accordingly."