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Thorchain

RUNE

About

Thorchain is a cross-chain protocol built using the Cosmos SDK that enables users to trade one native asset for another native asset on another chain using an assortment of Rune Liquidity Pools. The RUNE token acts as the second half of each LP Pool and thus Thorchain is able to swap assets using two swaps with RUNE as the intermediary token.

$891,063,321

$322,804,821

36.26%

Current Percentage of RUNE with Node Operators

71.82%

Unsafe

Optimal

Inefficient

30d

+0%

N/A

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Staking Ratio
Deposit RUNE as Liquidity Provider
Risk
stable
Complexity
moderate
Reward
19.26%
Minimum
-
Lock Up
-
Staking Ratio
26.57%
Adj. Reward
13.96%
Avg. Fee
-
Bond RUNE as Node Operator
Risk
risky
Complexity
professional
Reward
9.34%
Minimum
300,000
Lock Up
-
Staking Ratio
67.72%
Adj. Reward
4.48%
Avg. Fee
-

Calculate how much you can earn by staking Thorchain. Results vary based on the staking amount, term, and type selected.

USD
RUNE

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 RUNE

Est. Yearly Earning

$0

0 RUNE

FAQ's

  • What is Thorchain?
  • THORChain is a decentralised cross-chain liquidity network, allowing assets to be pooled such that they can be swapped between chains.

  • Who is the team behind Thorchain?
  • THORChain’s team has chosen to remain psuedo-anonymous to accelerate decentralisation and prevent social-signalling and capture.

  • What is the initial token distribution?
  • 130m RUNE was sold in seed, private and public sales between 1 and 3c. A futher 60m was emitted to RUNEVault stakers over the course of 14 months. 65m is reserved for operational reserves and further OTC sales to improve the treasury. 50m is allocated to the team. 220m is allocated for future block rewards to nodes and liquidity providers.

  • What is the thorchain moon scenario?
  • Due to the nature of how Thorchain works, Thorchains price can be deterministically priced by the non-rune TVL on the platform. This is because if the protocol is functioning properly then the value of RUNE on the platform must be at least 3 times the non-rune TVL locked on the platform. Hence we can say that the market cap of RUNE must be at least 3 times the non-RUNE TVL locked on the platform and so we can price the token as (3*non-RUNE TVL)/circulating supply of RUNE.

     

  • How to stake RUNE? (Add LP Liquidity/ bond RUNE as a Node Operator)
  • Previously you could stake RUNE with a Binance Chain Wallet via runevault.org. This feature is no longer available but instead users can now add liquidity symmetrically with RUNE and an asset pair in Liquidity pools on THORSwap. In this case, rewards are automatically compounded.

    RUNE holders can also bond RUNE as a node operator for a different reward rate.

    We have created a tutorial to guide users through the process of Swapping and Adding Liquidity to THORSwap.

  • How much can I earn adding Liquidity to THORSwap or Bonding RUNE?
  • There is an incentive pendulum that adjusts incentives for Bonding and Liquidity rewards aimed at an optimal state of 50%-50% of capital bonded vs capital deposited in LPs.

    The current incentive for depositing RUNE in THORSwap Liquidity pools is around 290.85 %.

    The Bonding APY is around 18.44 %.

    Take a look at the Thorchain Staking Calculator to estimate your rewards if more or less tokens participate than under current conditions.

  • Is there any risk to adding liquidity in THORSwap or bonding RUNE as a node operator?
  • Yes, there is a risk of in-permanent loss when providing liquidity to Liquidity Pools. This same risk exists in THORSwap as it does in UniSwap for example.

    In mainnet, Nodes put their Rune at-risk to underwrite capital, and liquidity providers are exposed to underlying price movements of assets, so may end up with more or less RUNE depending on price changes.

  • What is THORSwap?
  • On THORSwap you can Swap and stake BNB and BEP2 assets.

    THORSwap is Binance Chain’s first decentralised finance application allowing BEP2 token holders to swap their assets, or stake them to provide liquidity to the market.

    Follow our Guide on How To Swap and Add Liquidity on THORSwap.

    THORSwap is Powered by THORChain technology.

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