The THORChain ecosystem is built for a singular purpose: to create a massive payment network for payment freedom. In the matured vision it will enable anyone to pay for anything in any currency, with continuous liquidity, near-instant finality and complete self-sovereignty. The THORChain ecosystem is a hybrid of emerging multi-layer technologies. THORChain will enhance and augment the entire crypto-currency and digital asset ecosystem; being completely chain-agnostic with fundamentals of compatibility, performance and upgradeability.
The Powering Ecosytem
THORChain Validators bond Rune to earn block rewards (Proof-of-Stake). Rune holders can delegate tokens to validators to share the reward.
Rune holders stake assets to earn liquidity fees in both Layer 1 liquidity pools and Layer 2 liquidity hubs.
One chain Governance
Members bond Rune to cast votes for continuous protocol governance.
*Final functionality may change depending on protocol development.
- Tokens will be distributed over 10 milestones.
- Milestones are matched to the THORChain Development Roadmap.
- Tokens released immediately following phase completion.
- Donations are made to the Odin Foundation.
- KYC checks for withdrawals above $10,000. Read the Policy.
- KYC (For transactions above $10,000). Apply For KYC here.
- Contribute to the contribution address.
- Withdraw your Rune (using your contribution wallet)
- View / add your tokens or collectible in your wallet.
- 50% of initial Rune will be publicly distributed.
- 30% allocated to the liquidity fund; to be used for on-chain liquidity.
- 20% allocated to the development fund; paid to developers of the protocol through contracts, public grants and open bounties.
Jouney To Asgard
- 62 limited-release THORChain Collectibles will be issued at fixed points across the distribution.
- All THORChain Collectibles will be ERC-721 digital assets that will be ported to MainNet – Asgard.
- Collectibles will grant the holder permanent and various features on Asgard, ASGARDEX and the Asgard Wallet, such as free trading fees, priority transactions, community status and featured names.
Also Read – Click Here for Read All ICO Review
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