500M SUPPLY FOR YOU
Once the network has fully emitted its supply, over 50% of RUNE will have been emitted to participants like you.
But sir, are the payments a fixed amount?
The amount emitted by the THORCHain protocol is fixed to a schedule based on the block reward calculation. Typically the payment is 67% to Nodes and 33% to Liquidity Providers, but that split can change depending on the way the Incentive Pendulum is swinging.
BET ON TVL
If 80%+ of RUNE gets locked into THORChain pools, by economic design, RUNE's market cap will be minimum 3X
the value of all non-RUNE assets locked into THORChain.
Some call it deterministic RUNE.
But sir, can deterministic RUNE be calculated?
Yes, it's: (3 * Non-RUNE TVL) / RUNE Circulating Supply
Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume |
---|---|---|---|---|---|---|
Binance | USDT/RUNE | $4.8 | 0.13% | $119,434 | $75,652 | $24,995,611 |
BepSwap Thorchain | RUNE/BNB.BTCB-1DE | $4.78 | 0.60% | $283,447 | $282,595 | $4,947,391 |
BepSwap Thorchain | RUNE/BNB.BNB | $4.78 | 0.60% | $173,850 | $173,327 | $3,835,266 |
BepSwap Thorchain | RUNE/BNB.ETH-1C9 | $4.78 | 0.60% | $119,494 | $119,135 | $2,655,676 |
MXC | USDT/RUNE | $4.73 | 0.38% | $65,372 | $42,202 | $5,074,915 |
CoinTiger | BTC/RUNE | $4.79 | 0.33% | $67,285 | $74,242 | $21,421 |
Binance | BTC/RUNE | $4.77 | 0.38% | $27,038 | $55,921 | $6,072,316 |
Sushiswap | ETH/0X3155BA85D... | $4.7 | 0.60% | $217,592 | $216,938 | $5,444,111 |
Uniswap (v2) | ETH/0X3155BA85D... | $4.71 | 0.60% | $9,874 | $9,844 | $650,758 |
Data from CoinGecko | Show more | Last updated a few seconds ago |
But sir, is THORChain Protocol an Exchange?
The interfaces which connect to the THORChain protocol are technically the exchanges. This includes BEPswap, ASGARDEX, community-written apps, interfaces or even bots i.e Mjölnir Telegram bot.
THORChain is a permissionless liquidity network, meaning that anyone can tap into it and provide swapping or pooling services (and even earn fees from it). A network of 99+ distributed, public and anonymous nodes power the whole.
But sir, why not just HODL my (ᚱ) RUNE?
The more (ᚱ) RUNE is locked into THORChain (80%+), the more its deterministic value becomes accurate. (ᚱ) RUNE also becomes more stable, transparent and manipulation resistant.